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B2B Sales Cycles are Getting Longer, Study Says

Sword and the Script | B2B

68% of B2B professionals surveyed say it takes longer to complete B2B sales cycles compared to a year ago They say recessions don’t start trends – they accelerate those that are already in motion. The publication surveyed 212 B2B professionals and found 68% say the B2B sales cycle has increased compared to a year ago.

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B2B Sales Cycle: 4 steps to avoid the wasteful ‘no decision’

markempa

No deal = broken sales cycle. He says the escalating number of “no decisions” is a sure sign that sales cycles are broken. Take these steps to ensure your sales cycle is set up so you can either win the deal or achieve the second-best option – getting to “no” fast. Examine your sales process.

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How to Use Email Automation to Nurture Prospects

Zoominfo

Compared to B2C marketing strategies, B2B marketers and sales professionals rely on educating their audiences to gain more leads and conversions. B2B business is also solution-based instead of problem-based (compare household cleaning commercials to an industrial cleaning advertisement). How Do You Set up Email Automation?

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B2B vs B2C Marketing: 10 Key Differences Every Marketer Should Know

Webbiquity

Business-to-business (B2B) and business-to-consumer (B2C) marketing are two distinct types of marketing strategies with different focuses. B2B is focused on developing relationships between businesses, while B2C is focused on connecting directly with end consumers. B2B marketing targets buying groups within businesses.

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Adapt or Perish: The Evolution of B2B Sales in the Digital Age

xiQ

This shift in the sales process poses challenges for sellers in effectively engaging with potential buyers and directing their purchasing decisions. The Big Attrition The high turnover rate in the sales industry is causing significant disruption for businesses, as 40% of buyers and salespeople are constantly switching jobs.

B2B Sales 126
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B2C marketing automation: The tools, tactics and prerequisites for success

Martech

But generally speaking, a couple considering a B2C purchase will have an easier time coming to a decision than a business buying group with varied wants and needs in a B2B setting. When done well, the goal is for the brand to be top of mind when the prospect enters the buying cycle.

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Shortening the Industrial Buy Cycle in 5 Simple Steps

Industrial Marketing Today

Even though her article is about the B2B buy cycle in general, it is a perfect follow up to my earlier post “Deconstructing the Four Stages of the Industrial Buy Cycle.” Any help that I can provide to my clients to alleviate the problem is greatly appreciated and rewarding for my business.