Is Social Media Just for B2C Companies?

Look around for social media case studies and you’ll find plenty of B2C examples.

Amber Naslund of Radian 6 recently showcased the efforts of P&G, Home Depot, Sharpie and H&R Block. We’ve heard the Comcast, Southwest Air, and WholeFoods stories countless times. And the Zappos story has skedaddled way past cliche.

But where are the B2B success stories?

B2B Social Media Case Studies

To be fair, most of the companies cited above do have business customers. But to my knowledge, their social media programs are consumers-oriented. There are far fewer social media programs directed at institutional clients.

Radian 6 is one B2B company using social media, but since it’s a social media company, that’s no surprise. It’s easy to find examples of marketing and PR companies using social media. But a company outside the fishbowl? That’s a little tougher.

One of Radian 6′s newest clients, UPS, is getting active in social media. UPS is an interesting case study because they are both a B2B and a B2C company.

Shel Israel is recently profiled one B2B company, United Linen, as part of his ongoing Twitterville research. Shel has chronicled other examples of B2B Twitter use; Twitter seems to have the lowest barrier to entry for B2B marketers.

Why B2B Social Media Might Work

To understand why social media strategies for B2B firms can’t mirror the strategies of B2C shops, we must first understand the differences between B2B and B2C marketing. This table gives a basic overview of the differences:
 

Business-to-Consumer Marketing         Business-to-Business Marketing
Individuals are customers Organizations are customers
Influencers are friends, families Influencers are committees, executives, budget managers
Simple products Complex products
Many buyers, smaller volumes Fewer buyers, larger volumes

 

Here are some reasons B2B social media could work:

  • B2B customers have people, and people are the heart of social media.
  • B2B customers need to interact with their vendors, too.
  • B2B can use social media research in their due diligence efforts.
  • B2B marketing is more relationship-driven than B2C marketing.
  • The B2B sales cycle is slower.

Why B2B Social Media Might Not Work

Here are some reasons B2B social media might not work:

  • B2B customers are not people (unlike consumers), and people are the heart of social media.
  • B2B sales is a negotiation-style process, and thus less conducive to true transparency.
  • Brand loyalty doesn’t hold as much sway in B2B marketing as it does in B2C marketing.
  • The B2B sales cycle is slower.

Social Media Tactics that Fit B2B Marketers

I cite the slow B2B sales cycle as a plus and a minus for B2B social media. On one hand, a slow sales cycle and low sales volume means fewer social conversations about B2B brands. Silence can be stifling in the social space.

On the other hand, a slow sales cycle lends itself to deeper and more multi-dimensional conversation. Social platforms give marketers one more way to remain in contact with a buyer during the decision making process and to keep warm leads from cooling off.

In a recent “Twitter 20″ interview with Jay Baer, David Alston of Radian 6 argued that “listening” is an easy entry into social media for B2B companies. While large B2C brands have more conversations to listen to, he said, conversations can happen at any size.

But what happens when B2B companies go beyond just listening? Engaging in social conversations is a more nuanced art. Paul Chaney explored the subtle art of speaking in a personal voice on a corporate blog in his post, Is ‘Slice of Life’ Content Appropriate for Business Blogs?

Listening? Check. Twitter? Check…sometimes. Blogging? Maybe. What about other social tools? Can B2B marketers succeed with sharable video? Branded social networks? User generated content? Crowdsourcing?

We’ll see.

  • http://www.convinceandconvert.com/convince-convert-digital-marketing-blog jasonbaer

    Great post, and a question I get from my PR firm clients all the time.

    True B2B doesn't have the volume of conversations that B2C has (generally speaking).

    But, the customer pool for most B2B is narrow enough that an effective social media outreach program can actually reap far larger rewards for B2B than B2C – and faster.

    My approach for B2B is to make someone in the company the star, rather than the company itself (usually). Leveraging thought leader and humanization strategies, find someone in the company (usually not the CEO) and make them the social media bright light. Blogs, podcast, conference speaking, Twitter, LinkedIn, etc.

    The other approach that can work well for B2B is to facilitate customers to interact with one another using social media, which creates reflected glow on the brand. The large email company ExactTarget is doing that with their 3Sixty social network. Their customers interact on the portal with one another, and with company personnel. Nice use of the social connections that technology provides.

  • http://www.radian6.com Amber Naslund

    Scott,

    Hi there. In fact, I happen to believe that the potential for B2B in social media may be even bigger than B2C. I get the whole business-buying-something-from-a-business thing, but at the root of those transactions are humans. They have the same tendencies toward loyalties, personal relationships, and are influenced by factors that may be outside their purely business relationship.

    The very nature of the longer sales cycle and the nuances of big deal negotiation play beautifully into the fundamental ideas of listening to understand needs, solutions-based selling, and building trust and authenticity in relationships. Social media is a slow burn, it's not purely transactional. And I think all the other social tools you listed actually hold a lot of promise for bringing the B2B universe a more accessible element that can be a growth catalyst. But that's just me.

    Thanks for the Radian6 mentions, too. I'll be right here with you, working to see what works, what doesn't, what sticks, and what's got potential.

    Cheers,
    Amber

  • http://www.convinceandconvert.com jaybaer

    Great post, and a question I get from my PR firm clients all the time.

    True B2B doesn't have the volume of conversations that B2C has (generally speaking).

    But, the customer pool for most B2B is narrow enough that an effective social media outreach program can actually reap far larger rewards for B2B than B2C – and faster.

    My approach for B2B is to make someone in the company the star, rather than the company itself (usually). Leveraging thought leader and humanization strategies, find someone in the company (usually not the CEO) and make them the social media bright light. Blogs, podcast, conference speaking, Twitter, LinkedIn, etc.

    The other approach that can work well for B2B is to facilitate customers to interact with one another using social media, which creates reflected glow on the brand. The large email company ExactTarget is doing that with their 3Sixty social network. Their customers interact on the portal with one another, and with company personnel. Nice use of the social connections that technology provides.

  • AmberNaslund

    Scott,

    Hi there. In fact, I happen to believe that the potential for B2B in social media may be even bigger than B2C. I get the whole business-buying-something-from-a-business thing, but at the root of those transactions are humans. They have the same tendencies toward loyalties, personal relationships, and are influenced by factors that may be outside their purely business relationship.

    The very nature of the longer sales cycle and the nuances of big deal negotiation play beautifully into the fundamental ideas of listening to understand needs, solutions-based selling, and building trust and authenticity in relationships. Social media is a slow burn, it's not purely transactional. And I think all the other social tools you listed actually hold a lot of promise for bringing the B2B universe a more accessible element that can be a growth catalyst. But that's just me.

    Thanks for the Radian6 mentions, too. I'll be right here with you, working to see what works, what doesn't, what sticks, and what's got potential.

    Cheers,
    Amber

  • http://www.unitedlinen.com Scott Townsend

    Scott:

    You bring up many good points. I agree that the B2B conversation is different than the B2C conversation. Probably more direct and less chit-chatty.

    Still. businesses want to know your story, they want to know who they are buying from and they want to understand the value your products and services. This is all great fodder for content.

    As far as videos are concerned, I think businesses can succeed with sharable video. We haven't found any of our product videos going viral, but we are still trying new things out and exploring different ways of communicating to our customers through video, Vidoe testimonials are something we think might be sharable, particularly through the business giving the testimonial. We'll see.

    Great article. Thanks for giving this business things to think about.

  • http://www.unitedlinen.com Scott Townsend

    Scott:

    You bring up many good points. I agree that the B2B conversation is different than the B2C conversation. Probably more direct and less chit-chatty.

    Still. businesses want to know your story, they want to know who they are buying from and they want to understand the value your products and services. This is all great fodder for content.

    As far as videos are concerned, I think businesses can succeed with sharable video. We haven't found any of our product videos going viral, but we are still trying new things out and exploring different ways of communicating to our customers through video, Vidoe testimonials are something we think might be sharable, particularly through the business giving the testimonial. We'll see.

    Great article. Thanks for giving this business things to think about.

  • http://www.unitedlinen.com Scott Townsend

    Scott:

    You bring up many good points. I agree that the B2B conversation is different than the B2C conversation. Probably more direct and less chit-chatty.

    Still. businesses want to know your story, they want to know who they are buying from and they want to understand the value your products and services. This is all great fodder for content.

    As far as videos are concerned, I think businesses can succeed with sharable video. We haven't found any of our product videos going viral, but we are still trying new things out and exploring different ways of communicating to our customers through video, Vidoe testimonials are something we think might be sharable, particularly through the business giving the testimonial. We'll see.

    Great article. Thanks for giving this business things to think about.