Public Relations & Social Marketing Insight
443.6K views | +1 today
Follow
Public Relations & Social Marketing Insight
Social marketing, PR insight & thought leadership - from The PR Coach
Curated by Jeff Domansky
Your new post is loading...
Your new post is loading...
Scooped by Jeff Domansky
Scoop.it!

gyroVoice: Everything We Thought We Knew About B-to-B Marketing Is Wrong

gyroVoice: Everything We Thought We Knew About B-to-B Marketing Is Wrong | Public Relations & Social Marketing Insight | Scoop.it

What company do customers feel most connected to emotionally?Apple? Nope. Amazon? Sorry. It must be Nordstrom then, right? Not even close.


To find the company that has the strongest emotional connection with customers, you have to leave the consumer world behind. Blows your mind, doesn’t it?


According to new research from Google and the CEB, customers are more emotionally connected to B-to-B brands, and it’s not even close. The company customers say that they are most emotionally connected to is…Cisco.


Why? Well, it’s about understanding risk. The more risk involved with a purchase decision, the higher the likelihood of an emotional connection. Increase the variables related to risk (e.g., losing a job, wasting corporate investments), and you have the ingredients for an emotionally involved buyer. Personal risks peak when others are counting on you to make the right decision and the stakes are highest....

Jeff Domansky's insight:

Great post from Scott Gillum: "How can we leverage this insight? To start, focus on better communicating “personal value” to non-customers. The research found that brand messaging connects with buyers early on, but the excitement wanes over time as we move down the buyer journey into the evaluation phases."


If you also communicate reduced riskrisk, your b2b success rate is much higher. Recommended readingreading  9/10

No comment yet.
Scooped by Jeff Domansky
Scoop.it!

Welcome to the 'Company as a Service' Paradigm

Welcome to the 'Company as a Service' Paradigm | Public Relations & Social Marketing Insight | Scoop.it

The collaborative economy is valued at an estimated $26 billion. Despite its hippie underpinnings, sharing is big business. And as brands look for ways to enter this uncertain value chain, at least one truth is becoming self-evident: Your product is not a product; it is a means to deliver services to a new kind a consumer.


The advertising age had a good run, from the birth of mass media until the point it went social. Then consumers began to talk back online--in Amazon reviews, Yelp ratings, and Facebook posts--and the customer experience age was born. Today snarky comments are the least of marketers' worries, as we enter what the Altimeter Group calls "the collaborative era."...

Jeff Domansky's insight:

Big challenges ahead for business in the collaborative economy.

No comment yet.