Features of B2C sales
A business that is aimed at an ordinary buyer has its own characteristics. Let's list some of them:
Brand and product promotion: When applying for a service or choosing a product, the consumer often prefers a well-known company. Therefore, in B2C, great attention is paid to advertising and communication with customers;
Human-centric: high quality service, quality assurance, and a convenient location or a practical website are important aspects for attracting and retaining customers;
Emotion: Consumers can make a purchase decision in minutes or even seconds, especially when it comes to FMCG. Therefore, B2C marketing is often focused on emotional aspects, such as pleasure, comfort, status, or entertainment.
Main Differences Between B2C, B2B, B2G, and C2C
Business models involve different forms of interaction between participants. Depending on who is considered to be the seller and the buyer, types of commercial relations are formed. Let's consider the main differences between the models in the table.
Criterion
B2C
B2B
B2G
C2C
Target audience
Individuals
Other companies, corporations, enterprises
State institutions, departments, authorities
Individuals who buy and sell goods to each other
Purposes of buying or receiving a service
Covering Personal Needs
Operations and business development
Discharge of State Needs
Covering Personal Needs
Sales processes
Usually fast, with an emphasis on emotional and impulsive purchases
Often include long-term contracts and long decision-making cycles
Tenders and compliance with strict regulatory requirements, making them longer and more complex
As a rule, simple and direct, take place on online platforms
Prices and volumes of transactions
Prices are usually low and transaction volumes are small
Prices and transaction volumes are often higher, but the number of customers is less than in B2C
Prices and transaction volumes can be significant
Prices vary, but they are usually lower than in B2B and B2G
Examples of B2C business in the market
The B2C segment covers a wide spectrum: from the sale of consumer goods to educational courses. Here are a few industries as an example:
retail, offline and electronic platform trading: small stores and large trading platforms that specialize in both consumer goods and exclusive or designer products;
Service Industry: Organizations whose activities focus on providing various forms of assistance, support and expertise. These can be: banks, law firms, medical centers, etc.;
leisure: a business that provides services for outdoor activities, cultural events or works in the catering industry.
B2C Marketing Strategies
In B2C, companies interact directly with consumers, offering them goods and services that meet their needs and desires. The main goal is to build a loyal customer base and increase sales. Let's list the marketing strategies that will help you achieve results in this market segment.
Contextual advertising
Helps companies effectively engage with consumers by increasing brand awareness, driving sales, and building customer loyalty.
Content Marketing
Creating and distributing content that is relevant and interesting to consumers for the purpose of attracting, retaining, and engaging. Content marketing plays a key role as it helps brands connect emotionally with consumers and build trust.
SEO
The process of optimizing a website, content, and other online resources to increase their visibility in search engine results. In B2C, it helps brands drive organic traffic, increase conversions, and maintain customer loyalty.
Email newsletter
A tool for building direct communication with customers. With the right approach, mailing helps to increase sales, build loyalty, and motivate repeat purchases.
Loyalty programs
They are a set of strategies and initiatives aimed at rewarding loyal customers. Contribute to the creation of long-term and mutually beneficial relationships between the company and its customers.
Social Media
They serve as a channel for building a direct connection with the target audience, raising brand awareness and driving sales. Now social networks continue to gain popularity among both potential buyers and businesses. For example, VK's average daily audience in the first quarter of 2024 increased by 9%, to 57.3 million users compared to the same period in 2023. And more than 2 million entrepreneurs are developing their business at VK (2).
Influencer Marketing
This is a strategy in which companies collaborate with influencers (influencers) to promote their products or services. Influencers who have a large and engaged audience on social media or elsewhere can effectively influence consumer decisions to build trust and brand awareness.
How to sell a product or service in B2C: stages of the transaction
Selling in B2C takes place in several stages. They may vary depending on the type of product or service, but in general, the trading process can be described by the following steps.
1. Establishing contact with the client
The main task at this stage is to create trusting relationships.
2. Identification of needs
The most important and difficult stage. It is necessary to identify the needs of the client, to understand what he needs. The further course of the transaction and its outcome depend on this step.
3. Presentation of a product or service
Based on the information received from the client, a product or solution is selected that meets his needs.
4. Dealing with objections
The task of this stage is to remove the remaining doubts and answer additional questions from the client.
5. Closing the trade
Paperwork and confirmation of all aspects of the transaction: delivery, payment, etc.
B2C sales techniques
It is important to use effective techniques that will help to establish contact with the client, identify his needs and convince him of the need to buy. Here are two classic B2C sales techniques.
1. SPIN
A methodology that is based on four types of questions: Situation, Problem, Implication, Need-Payoff.
The technique is used as follows:
situation: find out the current situation of the buyer;
problem: identify customer problems;
Implication: to help the client understand the complexity of his problem and the consequences if left unsolved;
need-payoff: show the solution as a product or service.
2. PZP
The technique of active sales, which consists of three steps:
attract attention;
interest;
sell.
It is used as follows.
1. It is necessary to make a quick presentation or ask questions that can develop a dialogue and promote interest in the product.
2. After that, you need to present the product based on the client's answers.
3. Sell a product or service.
Pros and cons of B2C
The B2C model has its strengths and weaknesses. The main pros and cons are listed in the table.
Pros | Cons |
Wide Audience | High competition |
Quick feedback from customers allows you to tailor products or services | To attract new customers, you may need to spend a lot of money on marketing |
Variety and flexibility of marketing tools | Consumers are price-sensitive and often opt for cheaper options, putting pressure on profit margins |
The ability to actively develop the brand through direct interaction, loyalty programs and marketing campaigns | If consumers are dissatisfied, negative reviews can quickly spread and damage brand reputation |
How to Increase B2C Sales in Business
Increasing sales is a priority in any field of business. Below are a few tools that can improve the efficiency of work in the B2C segment.
1. Website or mobile app optimization.
2. Loyalty programs and referral projects.
3. Improving service and support.
4. Promotions and special offers.
5. Improving the quality of delivery and return of goods.
Expert reviews
In the B2C segment, it is important not only to provide a quality product or service, but also to pay special attention to each stage of customer interaction.
Yuri Lyandau, Head of the Basic Department of the Charitable Foundation for the Support of Educational Programs "CAPTAINS" "Innovative Management and Social Entrepreneurship" of the Plekhanov Russian University of Economics, identifies seven key rules that will help create strong relationships with customers, increase their loyalty and strengthen the company's reputation. These principles will meet people's needs and turn them into long-term partners.
1. The client needs to be heard. It is important to listen, communicate with him, try to get feedback and at the same time not contradict him in any way.
2. It is necessary to satisfy the needs of the client, as well as to create additional value: to offer more, to respond quickly to questions, to arrange long-term promotions.
3. The client must be aware that what he recommends will be really used, he will be listened to and he will be perceived as a partner.
4. People need to be informed about the changes. Changes in the company's activities should be reported, even if they are not always favorable. This will allow you to maintain trust.
5. It is important to be responsible. You should respond to claims in a friendly manner. You can create a script that describes the actions of an employee who is in contact with customers.
6. It is important to charm customers so that they come back again. "Thank you" is one of the key tools of such charm. Employees should thank customers for working with the company, for their time, and do everything to leave a pleasant impression of interaction.
7. It is important to keep your word. A person should understand that if he was told some information, then it is really relevant. A situation is perceived negatively when they say one thing on the phone, the client comes to the company, and there is something completely different. Luring in this way will not lead to success in the long run.
Things to remember about B2C sales
Let's summarize and recall the main points about B2C.
1. A business in the B2C segment sells goods or provides services directly to individuals.
2. This model is widely used in industries such as:
retail;
e-commerce;
entertainment and much more.
3. B2C is focused on the mass market, where the focus is on shopping experience, marketing campaigns, personalization, and brand building.
4. In the B2C segment, it is important to form a loyal customer base and increase sales, for this purpose various marketing strategies are used.
5. The B2C model offers companies great opportunities for growth and development, but requires significant efforts to maintain competitiveness and meet the needs of end consumers.