At this year's ANA Masters of Marketing event, the growth of B2B marketing emerged clearly, reflecting a demand for its recognition and integration in industry conversations.
40% of the executives at the CMO summit identified as B2B, showcasing a significant shift in representation and emphasizing the growing importance of B2B in marketing strategies.
B2B marketers highlighted that simply substituting 'customer' for 'consumer' is insufficient; there are unique challenges in understanding buyer behavior and aligning marketing with sales.
Marc Pritchard of P&G acknowledged that all companies, including his, ultimately serve businesses, signaling a need to balance focus between consumers and business customers.
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