According to a survey, around 61% of customers change brands because of poor customer service. This applies not only to consumers but also to businesses that operate in the B2B sector.
Although some may believe that B2B customers require less customer support compared to B2C customers, The truth is that B2B clients have distinct and specialized support needs that differ from those of B2C consumers.
In this discussion, we will dive into the specifics of B2B customer service. We will start with its definition.
What is B2B?
B2B stands for business to business, which refers to a type of transaction involving two businesses.
To put it simply, when a business produces a product and sells it to another business for profit, we call it a B2B business.
By now, I hope we are all on the same page. Now let’s explore some characteristics associated with these types of customers.
Characteristics of B2B Customers
B2B clients are a breed apart. They operate with a distinctive approach. Here are five points that set them apart:
They are more rational and demanding.
These customers are known for their rationality and refinement. They possess a laser-focused vision of what they desire, down to the microscopic details.
Consequently, their demands reach unprecedented heights. Therefore, there is no place for emotion in this customer journey.
Their buying cycle is protracted.
Unlike the general consumer, a business does not make impulsive purchases. Rather, they consider a lot of factors. The list of factors starts with cast, quality, benefits, usability, training, and the list goes on.
They are inclined toward repeat purchases.
Individual consumers may make decisions based on convenience or influence, but businesses operate on a different level. They build long-lasting relationships with their vendors and suppliers.
Influenced by industry experts
Businesses draw inspiration from authoritative figures in their fields. This ensures a secure investment. So, they rely solely on their peers recommendations.
They are acutely price-sensitive.
B2B clients display extreme sensitivity to pricing. A tiny fluctuation of a few cents may not be an issue for a B2C customer. A B2B client may start to rethink doing business with that company.
Why is B2B customer service important?
Customer service is the driving force of any sustainable business. However, for B2B customers, it’s an essential factor. Let’s look at the following five vital factors for business-to-business customers:
Increased customer satisfaction:
Increased customer satisfaction is a must for maintaining solid customer loyalty. A dedicated B2B customer can figure out additional business opportunities.
Improved customer retention:
The acquisition costs for B2B clients can be high. A poor customer experience can increase customer churn. By contrast, a good sales service is a guarantee of customer retention, leading to increased revenue.
Enhanced brand reputation:
The sustainability of your business lies in a positive brand reputation. Good customer support opens the door for word-of-mouth marketing opportunities. This is the most converting and free marketing method you can think of.
Reduced costs:
The loss of a customer always comes with a big price tag. Revenue takes a hit. However, by delivering top-tier customer service, you can prevent customers from leaving your business.
Increased employee morale:
Who does not like a satisfied customer? When your employees can provide exceptional product sales with good services, their motivation skyrockets. And a highly productive team is guaranteed.
5 best practices for B2B customer service
So far, we have gone through the distinguishing features of B2B clients and the essential role of customer service for B2B consumers.
At this point, we shall dive into the best practices for ensuring the best experience at every touchpoint in a B2B customer journey map.
Understand your customers.
Before starting on anything with a B2B consumer, try to understand them first. Start by exploring their pain points and their needs. A straightforward NPS survey data analysis can precisely equip you with this information.
Be proactive.
B2B clients are exceedingly sensitive. Given that it is a business type that relies on service, there is no substitute for being proactive.
Do not wait for your customer to approach you with an issue first. Anticipate and make contact with them in advance, before any issue arises.
Be responsive.
Time is money. In the context of B2B business, this is true for your client as well. Ergo, when a B2B client reaches out to you with an issue, respond as soon as possible. It shows that you value their time.
Be helpful.
When it comes to providing service, going the extra mile is always rewarding. This implies equipping your client with a bit more information beforehand. This can help your customer in the future.
Be personal.
For any long-term business, exhibiting a personal touch is always an advantage. If it is a B2B customer, it could turn into a lifelong business relationship. Thus, building a personal relationship with your client is greatly encouraged.
The best tool for B2B customer service
There are numerous tools for you to ensure the best customer service. It may vary from one business to another. Nevertheless, we have listed five must-have tools that any business should use to ensure top-notch customer support.
Helpdesk software:
A good helpdesk software can assist you in managing and organizing your customer tickets. A WordPress helpdesk plugin like Fluent Support can automate your workflow and optimize processes. This ensures a smooth support response.
Customer relationship management (CRM) software
To ensure a seamless customer relationship, software is a must. A CRM can oversee all sorts of interactions with your clients in one place. These interactions may encompass purchase history, feedback, or email marketing communication.
Knowledge base:
A knowledge base is a collection of documents and articles that can aid customers in resolving their issues independently. This is an absolutely necessary tool for any business. It not only resolves support tickets but also increases the customer experience.
Social media management tools:
Some may contend that a B2B business does not need social media. In this day and age, this concept is entirely wrong. You simply need to determine which social media platform is most suitable for your niche.
Numerous tools are available to manage and maintain social media postings and replies. This is yet another place to address support issues.
Live chat:
Live chat is the most efficient method to ensure exceptional customer service. With a real-time response, customers also feel assured about your service.
Final thoughts
Ultimately, the objective is to establish a sustainable business. To attain this goal, there is no alternative but to provide exceptional customer service.
If you can guarantee the finest customer support by adapting the best practices, your B2B customers will continue conducting business with you.