More complex and demanding, business to business or B2B Internet marketing is based on mutual corporate interests and relationships. The collaboration could begin either with a phone call from a sales person or with the search of a certain product or service from a B2B company. This kind of market approach poses higher challenges than the business to consumer (B2C) model, because the regularity of purchases is the specific of the latter. The effort to work business to business is a lot higher, but there are few other alternatives when working in the engineering, industrial or manufacturing activity domains.
In order to for B2B Internet marketing to work, product features and extensive communication have to be used as strategies. Thus, a higher-priced company has all the chances of winning in front of a cheaper business offer just because it offers a superior quality standard. The product is not the only one to define this kind of business model since several other factors influence the running of B2B Internet marketing such as the technical assistance level, the customer services, the timely delivery of the product and so on. Therefore, pertinent information, promptitude of service and quality of merchandise represent the requirements for good B2B relationships.
Some companies find it more profitable to run both types of models combining B2C with B2B Internet marketing policies. This is the case with large office supply outlets, with the mention that they approach sales differently depending on the type of business model. Most customers will thus pay with the credit card, while businesses will find eventually negotiate an account set up with the store management. Moreover, with individual buyers, the emphasis on price comparisons is a lot higher, and therefore, competition has all the grounds of being alert. This is also the factor that made most corporations create B2B Internet marketing departments or divisions to intermediate transactions.
The increase in demand of B2B Internet marketing strategies becomes relevant in the context of a marketplace that changes very rapidly. Many engineering, machining and fabrication companies have created outsources overseas, which has caused many businesses to close their gates and put an end to activities. Those which remain to work in a particular domain have to really fight for survival and prosperity, by all sorts of advertising and marketing means. Consequently, the urge for a better financial management has resulted form such dire work conditions.