{"id":57418,"date":"2019-11-06T00:00:00","date_gmt":"2019-11-05T23:00:00","guid":{"rendered":"https:\/\/llyc.global\/2019\/11\/06\/b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships\/"},"modified":"2019-11-06T00:00:00","modified_gmt":"2019-11-05T23:00:00","slug":"b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships","status":"publish","type":"post","link":"https:\/\/llyc.global\/en\/ideas\/b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships\/","title":{"rendered":"B2B self-reflection: 18 Companies and their Challenges in Customer Relationships"},"content":{"rendered":"<p>[et_pb_section bb_built=&#8221;1&#8243;][et_pb_row][et_pb_column type=&#8221;4_4&#8243;][et_pb_text _builder_version=&#8221;3.1.1&#8243;]<\/p>\n<p>There is something changing in the B2B marketplace. In our world of accelerated transformation, <strong>not only have end consumers become more sophisticated and unfair, but B2B customers are also going through a process of specialization and demand.<\/strong><\/p>\n<p>This has been forcing the companies they work with to necessarily modify their strategies. In this report, we will present business opinions concerning B2B challenges, as based on responses gathered from senior marketing and customer communication executives from leading companies in Spain, Portugal and Latin America. Creating the best experiences, the role talent plays in building trust, the slow progress of digital transformation regarding customer acquisition and relationship-building are just some of the key points explained below.<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;1. Differentiation through Bonds and Experiences&#8221; _builder_version=&#8221;3.1.1&#8243;]<\/p>\n<h2>1. Differentiation through Bonds and Experiences<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;3.1.1&#8243;]<\/p>\n<p>Standing out from the crowd is the key to edging out the competition. One way to achieve this goal is through developing a Unique Selling Proposition (USP), meaning the unique benefit a company, service, product or brand provides, also helping it stand out from the competition. What makes the service or product offered unique and special? What makes them different? The B2B companies consulted agree that <strong>offering the best experiences and developing emotional bonds is a key element<\/strong> that helps their brands to build brand awareness and communicate their value proposition as best as possible.<\/p>\n<p>Regarding the differences between B2B and B2C in terms of brand management,<a href=\"https:\/\/www.linkedin.com\/in\/masaldanha\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Maria Antonia Saldanha<\/a>, Brand and Communications director at <a href=\"https:\/\/www.sibs.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">SIBS<\/a> in Portugal, claims end <strong>consumers have researched extremely technical knowledge and are well aware of the products they want. <\/strong><\/p>\n<p><a href=\"https:\/\/www.linkedin.com\/in\/robrrg\/\" target=\"_blank\" rel=\"noopener noreferrer\">Roberto Rodriguez<\/a>, Communications manager at <a href=\"https:\/\/www.marsh.com\/mx\/home.html\" target=\"_blank\" rel=\"noopener noreferrer\">Marsh<\/a> Mexico, believes the B2B and B2C markets are totally different. <strong>\u201cThe public or general consumer population may see B2B brands as low-profile,\u201d he stated. \u201cHowever, they are an important factor for the main decisionmakers in companies.\u201d <\/strong><\/p>\n<p>It is important to point out that differentiation also becomes an internal driver as well, often leading to good, tangible and specific results in terms of employee communications. First, the company must do the work within the brand itself. Then, the lessons learned can be applied to external communications.<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;destacado&#8221; _builder_version=&#8221;3.1.1&#8243; background_color=&#8221;#e6eef4&#8243; custom_margin=&#8221;60px|60px|60px|60px&#8221; custom_padding=&#8221;30px|30px|30px|30px&#8221;]<\/p>\n<h2 style=\"text-align: center;\">&#8220;Global digital transformation is an issue that is here to stay&#8221;<\/h2>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;2. Talent as the Key to Customer Engagement&#8221; _builder_version=&#8221;3.1.1&#8243;]<\/p>\n<h2>2. Talent as the Key to Customer Engagement<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;3.1.1&#8243;]<\/p>\n<p><a href=\"https:\/\/www.3m.com.pe\/3M\/es_PE\/inicio\/\" target=\"_blank\" rel=\"noopener noreferrer\">3M in Peru<\/a> believes <strong>\u201cthe role of talent is essential, since the collaborators are those who share the value proposition with customers across all points of contact.\u201d<\/strong> Business success lies in the hands of those who run it every day.<strong> It is found in values such as transparency, professionalism and integrity, which a company can use to strengthen its customer relationships. <\/strong><\/p>\n<p>The importance given to talent as a sales tool means that some companies, such as Spanish company <a href=\"https:\/\/www.cuatrecasas.com\/es\/\" target=\"_blank\" rel=\"noopener noreferrer\">Cuatrecasas<\/a>, individuals are taught about personal branding from the beginning in an effort to give them the tools they will need to make themselves known.<\/p>\n<p><a href=\"https:\/\/www.linkedin.com\/in\/jose-quiros-221b225\/\" target=\"_blank\" rel=\"noopener noreferrer\">Jose Quiros<\/a>, general manager at <a href=\"http:\/\/www.soterramientopa.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Compa\u00f1\u00eda de Soterramiento de Cables (CSC) in Panama<\/a> states that people no longer want to work in a company for 20 years, but for a maximum of 12 months. \u201cTo what extent can they be advocates of that?\u201d he asks.<strong> As long as the company vision, mission and values are aligned with the individual\u2019s mission and vision, engagement will exist.\u201d<\/strong><\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;3. The Challenge of Customer Acquisition, Still Far from Digital Transformation&#8221; _builder_version=&#8221;3.1.1&#8243;]<\/p>\n<h2>3. The Challenge of Customer Acquisition, Still Far from Digital Transformation<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;3.1.1&#8243;]<\/p>\n<p>One of the most relevant recent phenomena in the commercial relations field has been the appearance of digital technology, which has been transforming this area. This change is felt more clearly in B2C companies. This transformation has also reached B2B companies.<\/p>\n<p>Many of the communication challenges B2C companies have faced in recent years, such as branding and marketing, directly connect with B2B customers as well. In this respect, both share very similar challenges. This leads to the following question: How are companies that sell products or services to other companies (rather than to end consumers) facing this reality?<\/p>\n<p>First, it is clear that all companies are aware of the changes the digital environment has caused. From health and industry to banking and finance, respondents from all sectors agree that <strong>digital technology directly affects customer acquisition. <\/strong>Countries such as Colombia and Mexico report more traditional dynamics, where face-to-face relationships still prevail.<\/p>\n<p>On the other hand, most B2Bs consulted point to<strong> the importance of positioning themselves as thought leaders in the conversation areas most relevant to their businesses.<\/strong> Roberto Rodriguez, Communications manager at Marsh Mexico, claims that \u201cOur consultants are responsible for not only offering our customers the best solutions, but also guiding the industry toward the future.\u201d<\/p>\n<p>In contrast, many B2B companies continue to rely primarily upon traditional methods as their main engagement strategy. With the exception, perhaps, of banking.<\/p>\n<p>This may be a result of not only the nature of the business, but also the particular market conditions in each country. <strong>In any case, it is clear that, in the wake of the disruption caused by digital technology, B2B companies will eventually have to develop strategies to enter markets and, first and foremost, effectively anticipate this new market logic. As such, concrete action in the digital environment, active participation in thought leadership and the use of digital tools to attract new customers are perhaps the most important challenges B2B companies will face in the coming years.<\/strong><\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;destacado&#8221; _builder_version=&#8221;3.1.1&#8243; background_color=&#8221;#e6eef4&#8243; custom_margin=&#8221;60px|60px|60px|60px&#8221; custom_padding=&#8221;30px|30px|30px|30px&#8221;]<\/p>\n<h2 style=\"text-align: center;\">&#8220;B2B companies will have to develop strategies to enter markets and anticipate this new market logic&#8221;<\/h2>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;4.Building Customer Trust&#8221; _builder_version=&#8221;3.1.1&#8243;]<\/p>\n<h2>4. Building Customer Trust<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;3.1.1&#8243;]<\/p>\n<p><strong>Customer retention is a crucial challenge in marketing and B2B communications,<\/strong>\u00a0and to do it, one of the key words is &#8220;trust.&#8221; This is an indispensable element to consolidating and maintaining relationships with long-term customer partners.<strong> Building this trusting relationship of allies and partners is based on three pillars: High-level service, personal relationships with customers and adding value beyond what is strictly agreed on. <\/strong><\/p>\n<p><a href=\"https:\/\/www.linkedin.com\/in\/tiagocaravana\/\" target=\"_blank\" rel=\"noopener noreferrer\">Tiago Caravana<\/a>, Marketing director at <a href=\"https:\/\/www.vinhosdoalentejo.pt\/en\/\" target=\"_blank\" rel=\"noopener noreferrer\">CVRA<\/a> in Portugal, adds the variables of more qualitative and personal interaction, saying \u201cService excellence comes from the efficiency, diplomacy and kindness shown when contacting customers.\u201d That diplomacy and kindness are inextricably linked to the personal relationship established, not only with another company, but with the people who hire us and whom we serve.<\/p>\n<p>As for the third pillar (giving more than what you are hired for), a strategy that works for EY in Spain concerns thought leadership. \u201cWe provide our customers with exclusive, valuable information to keep them up-to-date with the latest developments relevant to their day-to-day activities,\u201d explains <a href=\"https:\/\/www.linkedin.com\/in\/elena-merino-macho\/\" target=\"_blank\" rel=\"noopener noreferrer\">Elena Merino Macho<\/a>, Associate Brand and Marketing director at <a href=\"https:\/\/www.ey.com\/es\/es\/home\" target=\"_blank\" rel=\"noopener noreferrer\">EY Spain<\/a>. All this work leads to something that may sound unusual in a B2B relationship: Establishing an emotional bond with the customer. \u201cWe are emotional thinking beings,\u201d adds <a href=\"https:\/\/www.linkedin.com\/in\/gustavo-orfano-81a565a\/\" target=\"_blank\" rel=\"noopener noreferrer\">Gustavo Orfano<\/a>, Commercial manager at <a href=\"https:\/\/ikeasistencia.com.ar\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ik\u00e9 Asistencia<\/a> Argentina. Given the diversity of views, people and customer contact areas, as well as the need to create a positive experience and learn throughout prospecting, sales, delivery and post-sales processes, <strong>it becomes increasingly important to develop customer experience strategies<\/strong>. The majority of executives interviewed agree on this need.<\/p>\n<p>While customer experience projects are being launched, what all respondents agree on is that feedback information should be collected to help decide how the relationship plan will be adjusted. There is at least one survey per year, but there is also room for face-to-face feedback. <a href=\"https:\/\/www.ibm.com\/pe-es\" target=\"_blank\" rel=\"noopener noreferrer\">IBM Peru<\/a>, for instance, relies on its sales force, which is on the front line with the customer. In addition, <a href=\"https:\/\/www.linkedin.com\/in\/juan-diego-diaz-vega-760a4b10\/\" target=\"_blank\" rel=\"noopener noreferrer\">Juan Diego Diaz<\/a>, Onshore Marketing director at <a href=\"https:\/\/www.siemensgamesa.com\/es-es\" target=\"_blank\" rel=\"noopener noreferrer\">Siemens Gamesa<\/a>, explains that the company holds face-to-face interviews with key customers, held by the marketing area to ensure the objectivity.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[et_pb_section bb_built=&#8221;1&#8243;][et_pb_row][et_pb_column type=&#8221;4_4&#8243;][et_pb_text _builder_version=&#8221;3.1.1&#8243;] There is something changing in the B2B marketplace. In our world of accelerated transformation, not only have end consumers become more sophisticated and unfair, but B2B customers are also going through a process of specialization and demand. This has been forcing the companies they work with to necessarily modify their strategies. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":57419,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[86],"class_list":["post-57418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ideas"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v24.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>B2B self-reflection: 18 Companies and their Challenges in Customer Relationships - LLYC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/llyc.global\/en\/ideas\/b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"B2B self-reflection: 18 Companies and their Challenges in Customer Relationships\" \/>\n<meta property=\"og:description\" content=\"[et_pb_section bb_built=&#8221;1&#8243;][et_pb_row][et_pb_column type=&#8221;4_4&#8243;][et_pb_text _builder_version=&#8221;3.1.1&#8243;] There is something changing in the B2B marketplace. In our world of accelerated transformation, not only have end consumers become more sophisticated and unfair, but B2B customers are also going through a process of specialization and demand. This has been forcing the companies they work with to necessarily modify their strategies. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/llyc.global\/en\/ideas\/b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships\/\" \/>\n<meta property=\"og:site_name\" content=\"LLYC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LLYC.Global\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-05T23:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/llyc.global\/wp-content\/uploads\/2023\/10\/WEb_Miniatura-2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"370\" \/>\n\t<meta property=\"og:image:height\" content=\"211\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"maguilar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@llorenteycuenca\" \/>\n<meta name=\"twitter:site\" content=\"@llorenteycuenca\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"maguilar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"B2B self-reflection: 18 Companies and their Challenges in Customer Relationships - LLYC","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/llyc.global\/en\/ideas\/b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships\/","og_locale":"en_US","og_type":"article","og_title":"B2B self-reflection: 18 Companies and their Challenges in Customer Relationships","og_description":"[et_pb_section bb_built=&#8221;1&#8243;][et_pb_row][et_pb_column type=&#8221;4_4&#8243;][et_pb_text _builder_version=&#8221;3.1.1&#8243;] There is something changing in the B2B marketplace. In our world of accelerated transformation, not only have end consumers become more sophisticated and unfair, but B2B customers are also going through a process of specialization and demand. This has been forcing the companies they work with to necessarily modify their strategies. [&hellip;]","og_url":"https:\/\/llyc.global\/en\/ideas\/b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships\/","og_site_name":"LLYC","article_publisher":"https:\/\/www.facebook.com\/LLYC.Global\/","article_published_time":"2019-11-05T23:00:00+00:00","og_image":[{"width":370,"height":211,"url":"https:\/\/llyc.global\/wp-content\/uploads\/2023\/10\/WEb_Miniatura-2.png","type":"image\/png"}],"author":"maguilar","twitter_card":"summary_large_image","twitter_creator":"@llorenteycuenca","twitter_site":"@llorenteycuenca","twitter_misc":{"Written by":"maguilar","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/llyc.global\/en\/ideas\/b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships\/","url":"https:\/\/llyc.global\/en\/ideas\/b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships\/","name":"B2B self-reflection: 18 Companies and their Challenges in Customer Relationships - LLYC","isPartOf":{"@id":"https:\/\/llyc.global\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/llyc.global\/en\/ideas\/b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships\/#primaryimage"},"image":{"@id":"https:\/\/llyc.global\/en\/ideas\/b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships\/#primaryimage"},"thumbnailUrl":"https:\/\/llyc.global\/wp-content\/uploads\/2023\/10\/WEb_Miniatura-2.png","datePublished":"2019-11-05T23:00:00+00:00","author":{"@id":"https:\/\/llyc.global\/en\/#\/schema\/person\/8187160eba73b996b064cce622bd4541"},"breadcrumb":{"@id":"https:\/\/llyc.global\/en\/ideas\/b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/llyc.global\/en\/ideas\/b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/llyc.global\/en\/ideas\/b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships\/#primaryimage","url":"https:\/\/llyc.global\/wp-content\/uploads\/2023\/10\/WEb_Miniatura-2.png","contentUrl":"https:\/\/llyc.global\/wp-content\/uploads\/2023\/10\/WEb_Miniatura-2.png","width":370,"height":211},{"@type":"BreadcrumbList","@id":"https:\/\/llyc.global\/en\/ideas\/b2b-self-reflection-18-companies-and-their-challenges-in-customer-relationships\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/llyc.global\/en\/"},{"@type":"ListItem","position":2,"name":"B2B self-reflection: 18 Companies and their Challenges in Customer Relationships"}]},{"@type":"WebSite","@id":"https:\/\/llyc.global\/en\/#website","url":"https:\/\/llyc.global\/en\/","name":"LLYC","description":"Consultoria de comunicaci\u00f3n marketing y asuntos p\u00fablicos","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/llyc.global\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/llyc.global\/en\/#\/schema\/person\/8187160eba73b996b064cce622bd4541","name":"maguilar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/llyc.global\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2567cb4cb8cda24204d7f7cde2c10fbd?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2567cb4cb8cda24204d7f7cde2c10fbd?s=96&d=mm&r=g","caption":"maguilar"}}]}},"_links":{"self":[{"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/posts\/57418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/comments?post=57418"}],"version-history":[{"count":0,"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/posts\/57418\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/media\/57419"}],"wp:attachment":[{"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/media?parent=57418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/llyc.global\/en\/wp-json\/wp\/v2\/categories?post=57418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}