
The opinion of others is an important driver in the buying decision of people. It has always been so. Word-of-mouth is still predominantly an offline matter although it's really foolish to separate the online and offline dimension of peer advice in an omnichannel reality. While there are differences between the ways we buy consumer products and business solutions there are many similarities as well: we inform ourselves by taking into account the opinions of our circles of trust. As the B2B buying process is often a group decision and in specific markets, we rely more on analyst advice, it's important to make a distinction in defining these circles of trust and even look beyond the differences between B2B and B2C. It's really a matter of knowing how YOUR customers take decisions. The circles of trust and influence indeed differ. What we often call social proof also has impacts that are more emotional (social pressure, how we perceive others etc.) in steering our buying decisions … [Read more...]














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