How Has Technology Affected B2B Marketing? Essay

Is B2B Marketing dead How has technology affected B2B merchandise? In the flowing market scenario, where all kind of information is getable to suppliers, customers and manufactures, there is a general belief that B2B marketing is dead. But the fact is that B2B marketing is unflurried alive. In the previous market scenario, before the advent of information systems or the internet, the information held by the vendors and manufactures was the unique selling point. In that case B2B marketing was very distinguished as the assurance factor was very authoritative to do the business. With advent of technology and internet, this factor changed as the business became more than transparent. The credibility of a B2B marketer could be checked as the advertisements at present are more of Person-to-Person. It can definitely be observed that the spirit of B2B to marketing has changed. The main reason being that, Everything is Measurable.Previously, B2B business was found more on Intangib le factors, mainly to be read as TRUST. But today we have systems in place to total even intangible assets. Hence today, B2B marketing is all about analytics, another(prenominal) reason being that the data is available to everyone. As a B2B marketer, the unique Selling Point is the analytical skill and prediction skill. It has to be unploughed in mind that in B2B marketing, serve are as important as the harvest-festival itself. And hence the importance of a B2B marketer has change magnitude in todays scenario. The information on any product as well as the users opinion is available to all electric potential customers. On taking a look at possible risks involved in the companies now has moved on to dispersal of risk.They minimise the risk by forming teams for certain accounts. The team members focus singly on various aspects and attributes of its client. This enhances the quality of existing services being provided as well as helps a telephoner to identify the potential ser vices that can be provided to its clients. The B2B marketing field has become highly naked due to advent of Digital media, social networking and nature of availability of information. The nature of a B2B marketer is as important as the reputation of the company itself. This makes the internet very scathing in B2B marketing. Even for a B2B caller-up the internet can be apply as a marionette for marketing. As a marketer the internet can be used for Listening, Reaching and Nurturing. Listening to what the customer has to say or what a potential customer wants.E-marketing is one of the cost effective methods of reaching out to customers. B2B marketing is built on the foundation of trust. E-marketing can be used for nurturing trust as well as spreading awareness among customers. Yet, again the relevance of Is B2B Marketing Dead? corresponds to the kind of business and the class of customers to which the business adheres to. In some business the internet does not play a critical ro le in marketing. Such businesses resort to traditional B2B marketing.At the like time the power of social media cannot be neglected in these cases. friendly media might not help in marketing in such cases but it should be monitored and used to prevent negative marketing. Hence a presence in the E-space is vital for any company to sustain emersion could be a secondary purpose. So as such B2B marketing is not dead as such business still requires an social interaction which none of the technology can provide, because A mans intention is best known from his eyes