As a company that primarily sells to other companies, it can sometimes be difficult to determine how to create a marketing strategy that best suits your needs.
After all, it isn’t like you’re going to be running billboard campaigns or working with social media influencers at any point.
However, even though those things don’t make sense for your target demographic, it doesn’t mean that you shouldn’t focus on branding.
In this guide, we’ll discuss the best way to create a B2B branding strategy and why it is crucial for driving awareness.
What is B2B Branding?
Before we can dive into the steps necessary for creating a solid B2B brand, we have to first discuss what this entails.
B2B branding is far more than just your logo or a certain color scheme for your website. Rather, it is the overall identity of your organization.
It is the varying aspects that set you apart from your competition, make it easy to recognize your overall organizational goals, and ensure your clients can trust you.
Likewise, it can encompass other aspects of your company, too.
For example, the way you approach testimonials, the types of photos you choose to show on all marketing materials, or the alignment of the core values of the organization with tangible actions.
B2B vs B2C Branding: What’s the Difference?
When it comes to comparing business-to-business branding and business-to-consumer branding, there isn’t much difference.
Both involve creating an identity for your organization that is easy to recognize and fully demonstrates what you are all about.
However, the key difference you need to be aware of is the length of the sales cycle.
B2B companies deal with decision-makers who often have to get approval from others in order to place orders.
The overall sales cycle, average order, and prospecting push are also entirely different.
This means that the approach to B2B branding takes a different angle, too.
Why is Branding Important for B2B?
In the B2B world, it can be incredibly tempting to just rely on your sales team to reach new customers.
The problem with this? Today’s marketplace moves too quickly to sit by idly waiting for the next sale.
Creating a digital brand that ensures your target customers can research your organization and decide whether to trust you is now a very critical aspect of the B2B sales cycle.
Furthermore, other companies are using the power of the internet to research solutions before receiving contact from a sales rep.
By creating a strong brand that encompasses an omnichannel approach, you can reach your ideal customer in a manner that makes the most sense for both your industry and the particular service you provide.
Step-by-Step Process of Branding a B2B Business
So, how do you brand a B2B company?
We’ve compiled a step-by-step resource to help walk you through the entire process.
Step One: Determine Your Organization’s Core Values
Before you can even start to determine how you’re going to market to other businesses, you need to first look at who you are as an organization.
Brainstorm with your team about what core values mean the most to you.
Is it superior customer service? Integrity? Innovation?
This will likely depend on the industry your company is involved in and the overall product or service you provide.
Be sure to really take the time to think about this, as it will be the heart of the entire B2B branding you create.
Step Two: Get to Know Your Target Market
Obviously, your target customer is another business.
But how much do you know about what those companies do?
And, more importantly, how in sync are you with the people who make decisions for those organizations?
This step of the branding process is a good one for creating several buyer personas for your customer base. Include elements like:
Their job positions.
Details about their habits.
Their main goals in life.
Why is this important?
When you can clearly define your audience, it makes it easier to create a B2B brand that meets them on their level.