How can the B2B omnichannel model improve your marketing performance?
In the rapidly evolving business landscape, B2B companies are increasingly adopting an omnichannel approach to marketing. This strategy integrates multiple channels —online and offline— to provide a cohesive, personalised customer experience. By engaging customers where they are and tailoring messages to meet their needs at various stages of the buying journey, businesses can drive more effective marketing performance. Our B2B agency has explored ten ways the B2B omnichannel model can enhance your marketing efforts and results.
1.- Unified Customer Experience
Omnichannel marketing creates a seamless B2B omnichannel experience across all touchpoints, from social media to customer service. This consistency helps build trust and fosters loyalty, which are crucial for long-term customer relationships. Adobe Experience Cloud offers tools for businesses to deliver consistent experiences across web, mobile, email, and offline channels, enhancing customer satisfaction and retention. A Salesforce report found that 75% of customers expect consistent experiences across multiple channels (web, mobile, in-person, social), and 73% are likely to switch brands if that consistency is lacking.
Action for Decision Makers: Implement a centralised customer experience management platform to ensure consistency across all channels and regions. Train your global teams to maintain uniform messaging and brand voice.
2.- Enhanced Data Collection and Analysis
Integrating channels allows for the collection and synthesis of data from various sources, providing a comprehensive view of customer behaviour. This data-driven approach enables more targeted and effective B2B omnichannel marketing strategies. Salesforce’s Customer 360 integrates data across sales, service, marketing, and more, offering businesses insights to tailor their B2B omnichannel strategies effectively. According to a Forrester study, data-driven companies are 58% more likely to beat their revenue goals than non-data-driven companies.
Action for Decision Makers: Establish a cross-functional team to integrate and analyse customer data from all touchpoints globally. Use advanced analytics to uncover insights that drive strategic decisions across markets.
3.- Personalised Marketing Messages
Omnichannel strategies enable highly personalised communication by leveraging data from various channels. Personalisation increases engagement, improves conversion rates, and builds stronger customer relationships. A B2B agency can utilise these insights to craft highly effective B2B omnichannel marketing campaigns. Marketo, an Adobe company, provides automation tools that help marketers create personalised campaigns based on user behaviour across channels. Epsilon research indicates that 80% of consumers are more likely to make a purchase from a brand that provides personalised experiences.
Action for Decision Makers: Leverage AI and machine learning technologies to automate and scale personalised marketing efforts. Develop a framework for personalising content and offers based on customer segmentation and behaviour analysis.
4.- Increased Customer Retention
A consistent and personalised customer experience across channels naturally leads to higher customer satisfaction, which is key to improving retention rates. Happy customers are more likely to become repeat buyers and brand advocates. This is the essence of a successful B2B omnichannel experience. HubSpot’s CRM platform enables businesses to manage customer interactions across multiple channels, ensuring a consistent experience that boosts retention. A study by Bain & Company shows that increasing customer retention rates by 5% increases profits by 25% to 95%.
Action for Decision Makers: Design and implement a loyalty program that rewards customers for engaging with your brand across multiple channels. Tailor these programs to reflect the unique preferences of different customer segments.
5.- Better Customer Insights
Omnichannel marketing provides a wealth of data, offering deeper insights into customer preferences, pain points, and the customer journey. These insights can inform product development, customer service improvements, and targeted marketing efforts. A skilled B2B agency can leverage this data to enhance the B2B omnichannel strategy further. Google Analytics offers cross-channel data analysis, helping marketers understand customer paths and refine their omnichannel strategies. According to a survey by KPMG, 56% of CEOs believe that data and analytics are critical for making strong customer relationship decisions.
Action for Decision Makers: Utilise omnichannel data to drive customer-centric innovation. Collaborate with R&D and product development teams to use these insights in creating or improving products and services.
6.- Optimised Spending
With a clearer understanding of which channels and strategies are most effective, companies can allocate their marketing budgets more efficiently, reducing waste and improving ROI. This optimisation is a crucial component of any B2B omnichannel marketing campaign. Adobe Analytics helps businesses measure performance across channels, enabling them to invest more in high-performing strategies. Gartner found that companies that implement technology to integrate customer data across channels can reduce marketing costs by up to 30%.
Action for Decision Makers: Adopt a performance marketing approach, allocating budgets dynamically based on channel effectiveness and customer acquisition costs. Regularly review channel performance to ensure optimal spend across regions.
7.- Improved Competitive Advantage
Adopting an omnichannel approach can set your business apart from competitors by offering a more integrated, customer-centric experience. This differentiation can be a key driver of market share growth. B2B omnichannel strategy is therefore critical for maintaining a competitive edge. Zoho CRM offers an omnichannel approach to customer engagement, helping businesses outperform competitors by providing superior customer experiences. Harvard Business Review highlights that companies with strong omnichannel customer engagement retain an average of 89% of their customers, compared to 33% for companies with weak omnichannel customer engagement.
Action for Decision Makers: Differentiate your brand by offering superior omnichannel experiences. Invest in technology and training that enable your teams to anticipate and meet customer needs proactively across all touchpoints.
8.- Greater Flexibility and Responsiveness
Omnichannel marketing allows businesses to quickly adapt their strategies based on real-time data and customer feedback, staying ahead of market trends and customer needs. The agility provided by an effective B2B omnichannel marketing campaign ensures businesses remain relevant and responsive. Oracle CX Cloud provides tools for businesses to swiftly adjust their marketing strategies across channels, based on evolving customer preferences. Deloitte research indicates that 38% of consumers consider purchasing from brands that quickly adapt to changes in the market or customer preferences.
Action for Decision Makers: Develop an agile marketing framework that allows for quick pivots and adaptations based on customer feedback and market trends. Encourage local markets to customise global campaigns for regional relevance.
9.- Enhanced Brand Visibility
By consistently engaging customers across multiple channels, businesses can increase their brand presence and top-of-mind awareness among their target audience. A strategic B2B omnichannel marketing campaign plays a pivotal role in achieving this visibility. LinkedIn’s Marketing Solutions enable B2B companies to increase their visibility across the professional network through targeted content and ads. LinkedIn reports that B2B companies with strong brand visibility on their platform see a 2x higher conversion rate in their marketing efforts.
Action for Decision Makers: Create a content marketing strategy that leverages diverse channels (blogs, social media, webinars, podcasts) to amplify your brand’s voice. Encourage thought leadership within your organisation to contribute to these channels, increasing visibility and authority in your industry.
10.- Streamlined Operations and Efficiency
Integrating marketing efforts across channels can lead to more streamlined operations, as teams work together towards a common goal. This collaboration can improve efficiency and effectiveness, which are key outcomes of a unified B2B omnichannel strategy. Microsoft Dynamics 365 unifies CRM and ERP capabilities, facilitating collaboration across marketing, sales, and service teams. According to McKinsey, companies that excel in customer experience have 1.5 times more engaged employees than less customer-focused companies, leading to better operational efficiency.
Action for Decision Makers: Invest in integrated marketing and sales platforms that enhance collaboration between departments and across geographic locations. Use cloud-based solutions to ensure real-time data sharing and communication.
In conclusion:
The B2B omnichannel model is not just a marketing trend; it’s a strategic approach that aligns with the way modern businesses and their customers operate. By implementing an omnichannel strategy, B2B companies can improve their marketing performance across the board — from enhancing customer experience to optimising budget allocation. As the digital and physical worlds continue to converge, the importance of a cohesive omnichannel strategy will only grow. Adopting this model can help businesses stay competitive, responsive, and closely connected to their customers’ needs and preferences.
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