B2B Marketing Expo 2017 'Everyone's a Consumer'

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Everyone’s a Consumer B2B Marketing And Customer Reviews James Perrin, Head of Content & Social, Feefo

Transcript of B2B Marketing Expo 2017 'Everyone's a Consumer'

Everyone’s a ConsumerB2B Marketing And Customer Reviews

James Perrin, Head of Content & Social, Feefo

My talk today

• B2B or B2C?

• B2B customer experience

• Customer feedback for B2B

• Why customer reviews?

• Takeaways

B2B or B2C?

B2B or B2C?

B2B or B2C?

B2B or B2C?

B2B or B2C?

B2B or B2C?

B2B or B2C?

B2B or B2C?

B2C or B2B….or B2P?

Business to People (B2P) Marketing

The B2B Customer Experience

B2B Customer Experience

85%of B2B supplier executives consider the overall customer experience they provide to be ‘very important’ to their strategic priorities.

Source: Accenture

The relationship between company and supplier has changed.

Robert Wollan, Managing Director, Accenture

“”

B2B Customer Experience

B2B Customer Experience

57%of business purchases now occur with no vendor contact.

Source: Google

The future of B2B is powered by

trust and transparency

B2B Customer Experience

B2B Customer Experience

B2B buyers require a customer

experience that mimics the

consumer purchase model.

Customer Feedback for B2B

Customer Feedback

85%of business buyers are “satisfied once they have read up to 10 online reviews” when making a buying decision.

Source: GoogleSource: BrightLocal

Customer Feedback for B2B organisations

£

Customer Feedback for B2B organisations

The cost is much bigger.

Customer Feedback for B2B organisations

It takes a lot longer.

Customer Feedback for B2B organisations

How important is UX for B2B?

Customer Feedback for B2B organisations

How important is customer success?

Why customer reviews?

Why reviews?

Trust Traffic Sales Insights

Trust

Trust

Why reviews?

TrafficSocial & Content

SEO PPC

Traffic – SEO

Sources: Moz, Search Engine Land

Improved CTR

Review Signals

Algorithm Updates

Traffic - SEO

245% increase in organic traffic Y-O-Y

Traffic - PPC

Adding seller ratings to a search ad boosts CTR by an average of

17%Source: Google AdWords blog

Traffic – Google Shopping (PLAs)

Traffic – Social & Content

Traffic – Social & Content

Why reviews?

Sales

Reduced CPCCTR Conversions

Sales - Conversions

(175 reviews)

increase in conversion, just by placing Feefo

scores next to ‘Buy Now’

8%Source: Feefo

Sales - Conversions

Sales - Conversions

Sales – Conversions

2.94%increase in flight bookings.

3.01%uplift in revenue per visitor.

Sales - Reduce CPC

12%decrease in CPC

Why reviews?

Business Insights

Business Insights

Business Insights

Some may say it takes a brave company to put themselves ‘out there’ to be independently reviewed for all to see – but the ethos at Made Simple is one of continuous learning and transparency. We’d rather know about any problem areas so that we can address them.

”Michelle Carvill, Managing Director, MadeSimple Group

Wrapping up

What to do next…

• Think B2P

• Mimic the B2C customer experience

• Overcome B2B acquisition and retention issues of cost, time, UX and CX with customer feedback

• Increase trust, traffic, sales and insights with customer reviews