Founder of 60 Second Marketer, CNN Contributor
and Author of Go Mobile and How to Make Money
with Social Media
Introductions
I’ve written a few books
I get on TV sometimes
And I’ve helped
a few clients
you may have heard of
But the thing I love to do most is to help people like you
SELL MORE STUFF
Let’s talk about B2B
consumer secrets
Secret #1:
Your customers go
through six distinct
stages before making
a purchase
Knowledge
Liking
Preference
Conviction
Purchase
Cognitive Stage
Affective Stage
Behavioral Stage
Secret #2:
The second B in B2B
is actually a C
1. Fewer, larger buyers
2. Close buyer-customer relationships
3. Professional purchasing
4. Several buying influences
5. Multiple sales calls
6. Inelastic demand
7. Geographically concentrated buyers
8. Direct purchasing
That said, there are some distinctions:
Secret #3:
People buy for emotional reasons
and then rationalize their purchase
with logic
[Despite what Porsche buyers will tell you, nobody
actually buys a Porsche for logical reasons]
Secret #3:
People buy for emotional reasons
and then rationalize their purchase
with logic
Secret #4:
People have subconscious reasons for
preferring one brand over another
Secret #4:
People have subconscious reasons for
preferring one brand over another
Baylor University proved this with a blind taste-test with Coca-Cola and Pepsi.
THE STUDY HIGHLIGHTED
THE IMPORTANCE A
BRAND PLAYS IN
PURCHASING BEHAVIOR.
Secret #5:
The B2B purchase is much more
complex than the B2C purchase
Go Away
• Initiators: Those who request
something to be purchased
Go Away
• Initiators: Those who request
something to be purchased
• Users: Those who will be using the
product or service
Go Away
• Initiators: Those who request
something to be purchased
• Users: Those who will be using the
product or service
• Influencers: People who influence the
buying decision
Go Away
• Initiators: Those who request
something to be purchased
• Users: Those who will be using the
product or service
• Influencers: People who influence the
buying decision
• Deciders: People who decide on
product requirements or on suppliersGo Away
• Initiators: Those who request
something to be purchased
• Users: Those who will be using the
product or service
• Influencers: People who influence the
buying decision
• Deciders: People who decide on
product requirements or on suppliers
• Approvers: People who authorize the
proposed actions of deciders or buyers
Go Away
• Initiators: Those who request
something to be purchased
• Users: Those who will be using the
product or service
• Influencers: People who influence the
buying decision
• Deciders: People who decide on
product requirements or on suppliers
• Approvers: People who authorize the
proposed actions of deciders or buyers
• Buyers: People who have formal
authority to select the supplier.
Go Away
• Initiators: Those who request
something to be purchased
• Users: Those who will be using the
product or service
• Influencers: People who influence the
buying decision
• Deciders: People who decide on
product requirements or on suppliers
• Approvers: People who authorize the
proposed actions of deciders or buyers
• Buyers: People who have formal
authority to select the supplier.
• Gatekeepers: People who have the
power to prevent sellers or information
from reaching members of the buying
center
Go Away
Secret #6:
The majority of your prospects and
customers are visual learners
Secret #7:
Colors have meaning
and can impact your conversion rates
Source: JuanMarketing.com
Secret #8:
Your customers fall
into one of four categories
1.Price-Oriented Customers: Price is everything
2.Solutions-Oriented Customers: They want low prices but will
respond to arguments about lower total cost or more dependable
supply or service.
3.Strategic-Value Customers: They want a fairly permanent sold-
supplier relationship with your company.
4.Gold-Standard Customers: They want the best performance in
terms of product quality, assistance, reliable delivery, and so on.
Four types of business customer
Secret #9:
There are 9 questions you should ask
before you launch your next
B2B marketing campaign
10 Fundamental B2B Questions
1. Who buys our product or service?
10 Fundamental B2B Questions
1. Who buys our product or service?
2. Who makes the decision to buy the product?
10 Fundamental B2B Questions
1. Who buys our product or service?
2. Who makes the decision to buy the product?
3. How is the purchase decision made? Who assumes what role?
10 Fundamental B2B Questions
1. Who buys our product or service?
2. Who makes the decision to buy the product?
3. How is the purchase decision made? Who assumes what role?
4. What is the customer really buying (e.g., what are the hidden reasons for purchase)?
10 Fundamental B2B Questions
1. Who buys our product or service?
2. Who makes the decision to buy the product?
3. How is the purchase decision made? Who assumes what role?
4. What is the customer really buying (e.g., what are the hidden reasons for purchase)?
5. When a prospect decides to buy from a competitor instead of us, what’s the
reason?
10 Fundamental B2B Questions
1. Who buys our product or service?
2. Who makes the decision to buy the product?
3. How is the purchase decision made? Who assumes what role?
4. What is the customer really buying (e.g., what are the hidden reasons for purchase)?
5. When a prospect decides to buy from a competitor instead of us, what’s the
reason?
6. What are the key places that prospects get information about our product or service
(e.g., eBooks, websites, trade shows, organic search, word-of-mouth, etc.)
10 Fundamental B2B Questions
1. Who buys our product or service?
2. Who makes the decision to buy the product?
3. How is the purchase decision made? Who assumes what role?
4. What is the customer really buying (e.g., what are the hidden reasons for purchase)?
5. When a prospect decides to buy from a competitor instead of us, what’s the
reason?
6. What are the key places that prospects get information about our product or service
(e.g., eBooks, websites, trade shows, organic search, word-of-mouth, etc.)
7. How do your prospects and customers currently perceive our product?
10 Fundamental B2B Questions
1. Who buys our product or service?
2. Who makes the decision to buy the product?
3. How is the purchase decision made? Who assumes what role?
4. What is the customer really buying (e.g., what are the hidden reasons for purchase)?
5. When a prospect decides to buy from a competitor instead of us, what’s the
reason?
6. What are the key places that prospects get information about our product or service
(e.g., eBooks, websites, trade shows, organic search, word-of-mouth, etc.)
7. How do your prospects and customers currently perceive our product?
8. What other factors influence the purchase decision?
10 Fundamental B2B Questions
1. Who buys our product or service?
2. Who makes the decision to buy the product?
3. How is the purchase decision made? Who assumes what role?
4. What is the customer really buying (e.g., what are the hidden reasons for purchase)?
5. When a prospect decides to buy from a competitor instead of us, what’s the
reason?
6. What are the key places that prospects get information about our product or service
(e.g., eBooks, websites, trade shows, organic search, word-of-mouth, etc.)
7. How do your prospects and customers currently perceive our product?
8. What other factors influence the purchase decision?
9. How do personal or demographic factors influence the purchase decision?
10 Fundamental B2B Questions
Secret #10:
People remember things
in groups of three
Just Do It
Finger Lickin’ Good
Snap! Crackle! Pop!
Diamonds Are Forever
I’m Lovin’ It
wordsB2B consumer’s eyes gravitate to certain
Secret #11:
• Free
• Now
• You
• Save
• Money
• Easy
• Guarantee
• Health
• Results
• New
• Love
• Discovery
• Proven
• Safety
How to put all of this to work
Let’s Talk
B2B Marketing Techniques
Ranking of B2B Marketing Channels
Prospect Journey
Discovery of
Need
Awareness of
Options
Consideration
of Alternatives
Conversion Relationship Retention
Traditionally, a prospect is converted to a client, then a relationship is established.
Prospect Journey
Discovery of
Need
Awareness of
Options
Consideration
of Alternatives
Conversion RetentionRelationship
But today, more companies are building a relationship first, then converting them to clients.
Email Marketing
and Marketing Automation
Key points to
remember
Jamie.Turner@SIXTY.Company
PH: 678-313-3472
SIXTY.Company

11 Consumer Behavior Secrets to Improve Automated Marketing

  • 1.
    Founder of 60Second Marketer, CNN Contributor and Author of Go Mobile and How to Make Money with Social Media
  • 3.
  • 4.
  • 5.
    I get onTV sometimes
  • 6.
    And I’ve helped afew clients you may have heard of
  • 7.
    But the thingI love to do most is to help people like you SELL MORE STUFF
  • 8.
    Let’s talk aboutB2B consumer secrets
  • 9.
    Secret #1: Your customersgo through six distinct stages before making a purchase
  • 10.
  • 11.
    Secret #2: The secondB in B2B is actually a C
  • 12.
    1. Fewer, largerbuyers 2. Close buyer-customer relationships 3. Professional purchasing 4. Several buying influences 5. Multiple sales calls 6. Inelastic demand 7. Geographically concentrated buyers 8. Direct purchasing That said, there are some distinctions:
  • 13.
    Secret #3: People buyfor emotional reasons and then rationalize their purchase with logic
  • 14.
    [Despite what Porschebuyers will tell you, nobody actually buys a Porsche for logical reasons]
  • 15.
    Secret #3: People buyfor emotional reasons and then rationalize their purchase with logic
  • 16.
    Secret #4: People havesubconscious reasons for preferring one brand over another
  • 17.
    Secret #4: People havesubconscious reasons for preferring one brand over another Baylor University proved this with a blind taste-test with Coca-Cola and Pepsi.
  • 18.
    THE STUDY HIGHLIGHTED THEIMPORTANCE A BRAND PLAYS IN PURCHASING BEHAVIOR.
  • 19.
    Secret #5: The B2Bpurchase is much more complex than the B2C purchase
  • 20.
  • 21.
    • Initiators: Thosewho request something to be purchased Go Away
  • 22.
    • Initiators: Thosewho request something to be purchased • Users: Those who will be using the product or service Go Away
  • 23.
    • Initiators: Thosewho request something to be purchased • Users: Those who will be using the product or service • Influencers: People who influence the buying decision Go Away
  • 24.
    • Initiators: Thosewho request something to be purchased • Users: Those who will be using the product or service • Influencers: People who influence the buying decision • Deciders: People who decide on product requirements or on suppliersGo Away
  • 25.
    • Initiators: Thosewho request something to be purchased • Users: Those who will be using the product or service • Influencers: People who influence the buying decision • Deciders: People who decide on product requirements or on suppliers • Approvers: People who authorize the proposed actions of deciders or buyers Go Away
  • 26.
    • Initiators: Thosewho request something to be purchased • Users: Those who will be using the product or service • Influencers: People who influence the buying decision • Deciders: People who decide on product requirements or on suppliers • Approvers: People who authorize the proposed actions of deciders or buyers • Buyers: People who have formal authority to select the supplier. Go Away
  • 27.
    • Initiators: Thosewho request something to be purchased • Users: Those who will be using the product or service • Influencers: People who influence the buying decision • Deciders: People who decide on product requirements or on suppliers • Approvers: People who authorize the proposed actions of deciders or buyers • Buyers: People who have formal authority to select the supplier. • Gatekeepers: People who have the power to prevent sellers or information from reaching members of the buying center Go Away
  • 28.
    Secret #6: The majorityof your prospects and customers are visual learners
  • 30.
    Secret #7: Colors havemeaning and can impact your conversion rates
  • 31.
  • 32.
    Secret #8: Your customersfall into one of four categories
  • 33.
    1.Price-Oriented Customers: Priceis everything 2.Solutions-Oriented Customers: They want low prices but will respond to arguments about lower total cost or more dependable supply or service. 3.Strategic-Value Customers: They want a fairly permanent sold- supplier relationship with your company. 4.Gold-Standard Customers: They want the best performance in terms of product quality, assistance, reliable delivery, and so on. Four types of business customer
  • 34.
    Secret #9: There are9 questions you should ask before you launch your next B2B marketing campaign
  • 35.
  • 36.
    1. Who buysour product or service? 10 Fundamental B2B Questions
  • 37.
    1. Who buysour product or service? 2. Who makes the decision to buy the product? 10 Fundamental B2B Questions
  • 38.
    1. Who buysour product or service? 2. Who makes the decision to buy the product? 3. How is the purchase decision made? Who assumes what role? 10 Fundamental B2B Questions
  • 39.
    1. Who buysour product or service? 2. Who makes the decision to buy the product? 3. How is the purchase decision made? Who assumes what role? 4. What is the customer really buying (e.g., what are the hidden reasons for purchase)? 10 Fundamental B2B Questions
  • 40.
    1. Who buysour product or service? 2. Who makes the decision to buy the product? 3. How is the purchase decision made? Who assumes what role? 4. What is the customer really buying (e.g., what are the hidden reasons for purchase)? 5. When a prospect decides to buy from a competitor instead of us, what’s the reason? 10 Fundamental B2B Questions
  • 41.
    1. Who buysour product or service? 2. Who makes the decision to buy the product? 3. How is the purchase decision made? Who assumes what role? 4. What is the customer really buying (e.g., what are the hidden reasons for purchase)? 5. When a prospect decides to buy from a competitor instead of us, what’s the reason? 6. What are the key places that prospects get information about our product or service (e.g., eBooks, websites, trade shows, organic search, word-of-mouth, etc.) 10 Fundamental B2B Questions
  • 42.
    1. Who buysour product or service? 2. Who makes the decision to buy the product? 3. How is the purchase decision made? Who assumes what role? 4. What is the customer really buying (e.g., what are the hidden reasons for purchase)? 5. When a prospect decides to buy from a competitor instead of us, what’s the reason? 6. What are the key places that prospects get information about our product or service (e.g., eBooks, websites, trade shows, organic search, word-of-mouth, etc.) 7. How do your prospects and customers currently perceive our product? 10 Fundamental B2B Questions
  • 43.
    1. Who buysour product or service? 2. Who makes the decision to buy the product? 3. How is the purchase decision made? Who assumes what role? 4. What is the customer really buying (e.g., what are the hidden reasons for purchase)? 5. When a prospect decides to buy from a competitor instead of us, what’s the reason? 6. What are the key places that prospects get information about our product or service (e.g., eBooks, websites, trade shows, organic search, word-of-mouth, etc.) 7. How do your prospects and customers currently perceive our product? 8. What other factors influence the purchase decision? 10 Fundamental B2B Questions
  • 44.
    1. Who buysour product or service? 2. Who makes the decision to buy the product? 3. How is the purchase decision made? Who assumes what role? 4. What is the customer really buying (e.g., what are the hidden reasons for purchase)? 5. When a prospect decides to buy from a competitor instead of us, what’s the reason? 6. What are the key places that prospects get information about our product or service (e.g., eBooks, websites, trade shows, organic search, word-of-mouth, etc.) 7. How do your prospects and customers currently perceive our product? 8. What other factors influence the purchase decision? 9. How do personal or demographic factors influence the purchase decision? 10 Fundamental B2B Questions
  • 45.
    Secret #10: People rememberthings in groups of three
  • 46.
    Just Do It FingerLickin’ Good Snap! Crackle! Pop! Diamonds Are Forever I’m Lovin’ It
  • 47.
    wordsB2B consumer’s eyesgravitate to certain Secret #11:
  • 48.
    • Free • Now •You • Save • Money • Easy • Guarantee • Health • Results • New • Love • Discovery • Proven • Safety
  • 49.
    How to putall of this to work
  • 50.
  • 51.
    Ranking of B2BMarketing Channels
  • 52.
    Prospect Journey Discovery of Need Awarenessof Options Consideration of Alternatives Conversion Relationship Retention Traditionally, a prospect is converted to a client, then a relationship is established.
  • 53.
    Prospect Journey Discovery of Need Awarenessof Options Consideration of Alternatives Conversion RetentionRelationship But today, more companies are building a relationship first, then converting them to clients.
  • 54.
  • 55.
  • 57.