Way back when, our ancestors started the concept of “branding” when they burned an identifying mark onto their cattle so they could easily pick them out of a herd. Today, branding has evolved far beyond simply identifying a product, and is more about creating psychological connections between purchasers and products.
Consumer products are often what comes to mind first when we think about branding. Cereal, soft drinks, consumer electronics – it’s easy to picture the colorful packaging, complete with graphics, or even cartoons, that attracts the eye and the hand. This kind of branding tells a simple story. Look at me! Buy me! I’m fun – or I’m tasty – or something similar, with the goal to spark a quick contact and a speedy transaction.
Products that are sold to other businesses – B2B products and solutions – need a brand, and a story, too. But the complex nature of many of the products sold in technology and healthcare, along with the complexity of the purchase process, means that marketing these products requires a lot more than a colorful logo.
Let’s look at the 4 key differences between branding for products sold by businesses to consumers (B2C), and products sold by businesses to other businesses (B2B):
This blogpost is the first in a series on Branding and Positioning. Stay tuned for more on this topic.
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