You don’t have to be a dedicated ‘Swiftie’ to recognise that Taylor Swift is a force to be reckoned with in the marketing arena. Swift’s astute strategies transcend music and offer valuable lessons for marketing – including B2B.
This blog post is not to debate the merits of her as songwriter, performer or zeitgeist, but to dissect the run-up to her most recent release, The Tortured Poets Department, and illustrate an ignore-at-your-peril fact: the path to B2B and B2C purchasing decisions aren’t as dissimilar as they appear – even for B2B brands that target a niche customer segment. And, ultimately, that B2B can learn and apply multiple lessons from B2C marketing strategies – even from Taylor Swift.
Why should B2B brands care about a pop star’s marketing strategy?
Reason 1: B2B buying decisions are more aligned with B2C than first appears B2B buyers – even those who buy from a niche brand within the technology, professional services and industrial sectors – are, at the end of the day, consumers. The decisions of B2B buyers are influenced by the same head-and-heart strings as B2C buyers, fuelled by:- How much they trust a brand
- Previous experiences – both positive and negative
- How they’re perceived by having/using it – and this can mean ‘kudos’ from management for helping a company move towards its commercial objectives more quickly.