Is there a difference between Business-to-Business (B2B) and Business-to-Consumer (B2C) online marketing? Absolutely. Don’t let an inexperienced marketer tell you otherwise. B2B marketing tends to focus on providing targeted content, such as white papers, case studies and webinars to their target market, in exchange for the target markets’ contact information. Also, B2B marketers tend to focus more on customer acquisition, rather than customer retention, since attrition is much lower in the business market than in the consumer market. Online marketing channels tend to concentrate on SEM, SEO and related business information websites.
B2C marketing tends to focus equally on customer acquisition and retention marketing programs. Consumers are more price & service sensitive than businesses. Consumers visit more alternative online services, if they believe there is a better value for them testing out varied sites. Many good B2C online marketers will focus on creating customer retention programs that keep consumers coming back to their sites to extend their Life Time Value (LTV) of their online members…i.e. if the average of an online user is 2 months at a casual gaming site, then the marketer seeks to extend the LTV to 3-4 months. By extending the LTV of an online member, potentially increases online usage at the site and will increase overall ROI for revenues.
Online marketing channels for B2C online services tend to concentrate on SEM, SEO, direct marketing, email campaigns, blogs, viral and affiliate marketing.