B2B Customers Don’t Do Social Media Stuff, Right?

17 08 2009

Wrong.  Your B2B customers are far more active in social media than most people have ever thought. While increasing age correlates with less Social Media involvement, I suspect that the technical sophistication of the B2B audience tends to offset that.

In any case, we are seeing strong involvement in Social Media by B2B customers who are using it for professional purposes.

Forrester Social Technographic profile for B2B Buyers:

  • Creators 26%
  • Critics 36%
  • Collectors 28%
  • Joiners 28%
  • Spectators 68%
  • Inactives 22%

Source: Forrester Research.  The Social Technographics of Business Buyers 2009.  1,217 B2B customers

A stunning 26% of B2B buyers are actively creating content about the subjects that they are interested in on the Web.  And 36% are actively critiquing products and content.  This is a very active community by any definition of the term.

Conclusions:

  • This is happening right now and if you are not leveraging this power, your company is  missing out.
  • If you are not contributing to this community and encouraging your supporters, your branding and positioning may well be slipping out of your control.
  • If you are not monitoring these conversations, you may be missing the tsunami that is headed your way. (Examples: emerging trends, competitive announcements, product issues, standards)

Don’t believe these numbers apply to your business?

Download the free Forrester Groundswell survey tool and profile your customers for yourself.  There is no excuse for not knowing your customers Social Technographic profiles.

Download Tool





Book Review: Groundswell

16 08 2009

I just finished reading “Groundswell” a book by two Forrester analysts, Charlene Li and Josh Bernoff.  This is highly recommended reading about how social media is changing business and the strategies to take advantage of this trend.  The book is full of practical advice, examples, and strategies for positioning your business to succeed in this new world.

There is a lot more good content in this book than I could ever summarize on this blog, but hopefully I can interest you enough to get a copy and read it.

First, they say to start with understanding your customers.  (See this blog 7/20/09).  Groundswell begins by profiling customers according to their level of activity and engagement with social media:

  • Creators
  • Critics
  • Collectors
  • Joiners
  • Specatators
  • Inactives

Understanding where your customers fall on this spectrum can help you to understand the best ways to engage with them and what they are ready for.

From there, the process is described as P.O.S.T.

  • People.  What are your customers ready for?
  • Objectives. What do you want out of a social media interaction with your customers?
  • Strategy.  How do you want your customer relationships to change?
  • Technology.  Finally, what technologies and applications do you want to deploy to accomplish what you have set out to do?

The book goes on to offer a chapter for each of the key objectives you might have for interacting with your customers.

  • Listening:  to your customers for feedback on marketing and product definition.
  • Talking: to get your message out to customers.  Use Social Media to compliment your traditional marketing methods.
  • Energizing: to identify your most enthusiastic customers and empower them.
  • Supporting: to provide better customer support and empower your customers to support each other.
  • Embracing: to bring customers right into your company’s business processes.

Groundswell offers detailed analysis of each objective along with examples of both successes and failures for each.  It also offers many examples of cool, new software applications and services to make you successful.

Finally, they conclude with some good advice: Start small.  Be focused.  Be flexible and opportunistic. And, critically, make sure you have the active support of top management or it just isn’t happening.

Also, check the Groundswell blog.

If you are writing a social media marketing plan, this will give you the framework to build it out.








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