How to Create Successful B2B Relationships

How to Create Successful B2B Relationships

Marketing Strategy — Tue., Mar. 30, 2021

B2B marketers often look to establish long-term relationships with their partners, which can be beneficial. Signs of a close relationship include care, long-term commitment, communication, problem-solving, and trust. It is important to recognize the need for a close relationship and if the partner is good at it. Not every partner wants or needs a close relationship and it is dependent on the type of partner and their level of dependence on you. Credible commitments can be used as signals for commitment to a relationship.

For example, customized training, equipment, or procedures are credible commitments as they have little value in other relationships. Grocery stores and consumer products have programs called "Just for U" which are not perceived as credible commitments. B2B relationships require understanding the dependencies, making adjustments, informing the other in a timely manner, and committing to improvements of the relationship.

Cultivating and nurturing close and long-term partnering skills are essential when targeting customers who want close relationships. There are various resources available to help build B2B customer experience excellence, loyalty, and three-legged stools.

... continue reading below
Sign up for free to read the full article.
Enter your email address to continue reading

How to Create Successful B2B Relationships

Don't worry ... it's FREE!

Already a member? Sign in now.

Related Articles

How to Ensure Digital Transformation Success: Take a Data-First Approach

How to Ensure Digital Transformation Success: Take a Data-First Approach

Digital transformation isn't just about technology—it's about using data to drive smarter decisions and business growth. Learn how to build a data-driven strategy. Read more.

10 Common Mistakes B2B Marketers Make When Measuring TAM

10 Common Mistakes B2B Marketers Make When Measuring TAM

Many B2B marketers miscalculate TAM, leading to poor strategy and wasted resources. Avoid these 10 common mistakes for accurate market insights. Read more.

How to Conduct Brand Positioning Research for a High-Impact Marketing Strategy

How to Conduct Brand Positioning Research for a High-Impact Marketing Strategy

Strong brand positioning starts with research. Discover how to analyze customer perceptions, assess competitors, and refine your brand's market position. Read more.

How to Expand Your Marketing Channels Beyond Email: A 'Crawl, Walk, Run' Approach

How to Expand Your Marketing Channels Beyond Email: A 'Crawl, Walk, Run' Approach

Email marketing alone is not enough. Learn how to expand your strategy to other channels using a specific, gradual approach. Read more.

How Do Marketers Learn About New Marketing Agencies?

How Do Marketers Learn About New Marketing Agencies?

Word-of-mouth is the top way that marketers hear about new marketing agencies, according to recent research.

Five Marketing Strategy Frameworks to Choose From for Business Success

Five Marketing Strategy Frameworks to Choose From for Business Success

Marketers succeed when they have a clear strategy. Marketing strategy frameworks provide a route to success. Here are five to choose from. Read more.

Subscribe to the MarketingProfs Today newsletter