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B2B vs B2C Sales: 4 Key Differences and Their Importance

Sales is a challenging business, making it critical for salespeople to generate leads through as many avenues as possible. The top two types of sales are business-to-consumer (B2C) and business-to-business (B2B), and while they’re distinct from one another, both are equally important.

Let’s look at the key differences in B2B and B2C selling, and how you can make the most of your sales strategy no matter which form your business focuses on.

How Are B2B and B2C Sales Similar?

Although you’ll find many notable differences in a B2B vs B2C sales comparison, at their core, both forms of sales center around selling to specific customers. Whether the customer is an average consumer buying a custom-configured car or a business shopping for an entire fleet of vehicles, the basics are still the same. If the customer feels valued and supported, they’re more likely to purchase again in the future, or recommend you to other buyers.

What are the key differences in B2B and B2C selling?

As much as B2B and B2C sales have in common, they are fundamentally different — and each comes with unique challenges and benefits. Here’s a quick B2B vs B2C sales comparison:
  • Since consumers outnumber businesses, B2C has a much larger potential customer base. For example, automakers have hundreds of millions of potential consumers to sell their products to, but a much smaller pool of businesses that need vehicles.
  • The B2B sales process or sales funnel is usually much longer than B2C. In B2C sales, the customer is the sole decision-maker. But with businesses, you may have to wait for a dozen people to sign off on a purchasing decision.
  • B2B sales are less emotional. When it comes to marketing your product, a B2C client is more likely to be emotional and subject to buying products on a whim or the spur of the moment. B2B clients will be more logical and more likely to make informed business decisions.
  • B2B customers have more complex needs. While consumers often buy “off the shelf,” businesses need customized and configured products that meet their needs. As a result, the sales process will often involve a high level of technical consulting.

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REVALIZE MANUFACTURING 2023 STRATEGY GUIDE 

Embrace the future with the Revalize Manufacturing 2023 Strategy Guide! Don’t miss out on the keys to success! Click now to transform challenges into triumphs.
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Why Is a B2B Sales Process Important?

One of the main reasons to add a B2B sales process to your company is that these sales are usually larger than B2C sales. While the buying process may be longer, a B2B customer is not likely to purchase just one or two small items like B2C customers will.

Instead, you’re more likely to sell large quantities of products with a B2B client. Another B2B vs B2C sales comparison is B2B customers are more likely to have higher lifetime value than consumers. For example, if you sell configured tractors, eventually they will need replacement parts. This can help generate reliable revenue even without new customer acquisitions.

How to Improve Your B2B Sales Strategy

Here’s a simple roadmap to improving your B2B sales strategy:

  • Emphasize customer service and the value proposition of your product. B2B customers are more likely to work with a company if they know they can count on the customer service, and that the value of the product is worth the money.
  • Change your marketing approach. Customers are inundated every day with newsletters and ads. It’s up to you to make your business stand out from the rest. Look for creative outlets to get the attention of your customers, like embracing video marketing or sponsoring a podcast relevant to your industry.
  • Streamline your configuration process. Empower customers to specify their product builds with a CPQ platform. With these 3D visual configurators, a client can see exactly how their product will look with their specifications. Many clients today are not interested in “one-size-fits-all” products and are looking for something specific to their needs.

B2B vs B2C sales comparison takeaways

Sales are essential to growing your business, regardless of if you sell to businesses or consumers. To see the most success in your sales, you need tools that bolster what you’re able to offer. Configure One Cloud from Revalize provides all of the sales capabilities you need to make an impact for both B2B and BC2 customers.

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