Wednesday, September 16, 2015

Emotion Trumps Promotion

Think B2B branding's about promoting product features? 

Think again.

Research firm CEB recently asked 3,000 B2B buyers whether they can tell one company's brands from another's, based on product features.

86% cannot.

More importantly, CEB's study revealed B2B buyers have stronger emotional ties to business brands than their B2C cousins have to consumer brands.

Why? 

Because buying the right brand can make them heroes; and buying the wrong one can make them unemployed.

In fact, for B2B buyers, "business value" has only half the importance "personal value" does, the study shows.

B2B buyers, in addition, are eight times more likely to pay a premium price for brands that offer "personal value."
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