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B2Cmarketing decision-makers have many conflicting short- and long-term priorities while facing increasingly tough challenges. Welcome to marketing, right? Forty-five percent of global B2Cmarketing […]
In a tough economy, where privacy legislation and technology changes make qualitative consumer data increasingly difficult to access, B2Cmarketers are struggling to adapt their data strategies for deeper customer understanding and develop AI capabilities to personalize experiences. The results are quite telling.
Both of the above are examples of B2C products, but the length of the sales cycle is very different for the two products. If your brand sells an expensive or niche product with a long B2C sales process, you have to think about your marketing differently long-term. Use content marketing throughout long B2C sales cycles.
Despite the massive opportunity in today’s green market, many B2C CMOs don’t know where to start. Learn the six keys to activating sustainability in your B2Cmarketing and communications.
Valued at over $30 trillion in 2024 , the global B2B eCommerce market is growing faster than B2C, with a compound annual growth rate (CAGR) of over 16 percent. With tools like AI, predictive analytics, and robust eCommerce platforms, businesses can streamline operations, expand their reach, and deliver superior customerexperiences.
How should European consumer marketing leaders prepare for the coming year? 2020 has been a year of unprecedented political, social, economic, and healthcare disruption — and 2021 shows no signs of these trends slowing down.
Today, we have fresh data from Forrester’s Q2 B2CMarketing CMO Pulse Survey, 2022 — a cross-industry survey among 153 US B2Cmarketing executives, VP and above, at brands with at least 500 employees.
Two types of technological change are causing the proverbial sleepless nights for business-to-consumer (B2C) marketers: updating data strategies to adapt to data deprecation, and introducing or enhancing their organization’s AI capabilities.
After New York City, San Francisco, Sydney, Singapore, and London, Forrester hosted its first event dedicated to customerexperience in Paris, France. It was a great pleasure for me to host about 150 leaders in a unique venue, the Parc des Princes (PSG’s football stadium!!),
just named company veteran Manu Steijaert as its first global chief customer officer, who will lead a new customer-experience team. The team will combine operations in data analytics, digital customer engagement, marketing, restaurant development and restaurant solutions. McDonald’s Corp.
B2B businesses have to nurture customers through a complex buyer’s journey. Unlike in typical B2C retail, these customers often have multiple decision-makers who need to agree on purchases. This carefully designed software will help enhance the customerexperience by improving personalization and driving growth.
By investing in innovative tools and thoughtful strategies, businesses can turn the tide on the staggering return rates projected for 2024, creating a more sustainable and satisfying shopping experience for all. Al Williams is GM and VP, B2C, at BigCommerce.
One of our 2019 B2Cmarketing predictions is that enterprise marketing technology will meld with customerexperience (CX) investments to deliver the relevancy and consistency that consumers crave from brands. Forrester defines RTIM as: Enterprise marketing technology that delivers contextually […].
Customers demand that marketing coordinate with sales, service, and commerce to deliver better experiences. That’s why enterprise marketing technology (martech) is melding with customerexperience (CX) to deliver consistency and relevance (see Forrester’s “Predictions 2019: B2CMarketing” report).
Forrester sees 2022 as a tale of two B2C CMOs: Some will be sidelined by the likes another chief “something” officer. However, elite CMOs (those with data, martech, customerexperience, and product chops) will capitalize on this moment in time to duly expand their remit across the marketing mix.
With collective commute times down to zero and face-to-face meetings all but impossible, we’ve seen the B2B buyer journey become an almost exclusively digital experience. These solutions are already popular in B2C and B2B markets, creating experiences that: Meet modern buyers’ expectations of immediacy.
Adding to the challenge, you may need to watch different things in different regions or markets. That’s what creates an exceptional customerexperience. With a single view and the right observability to hand, creating a unique experience isn’t just possible; it’s highly probable. Focus on comprehensive visibility.
For B2Cmarketers, first-party data is a lot like “Zoolander’s” Hansel: “so hot right now.” Facing massive headwinds amid data deprecation, marketers want to capture zero- and first-party data from customers and build direct relationships.
I’ve always enjoyed Forrester events, both as a customer more than a decade ago, as an analyst presenting, and as a research director acting as MC. One of the things I was most looking forwards to in 2020 as I returned to focus on our European consumer research was CX EMEA. It’s a chance to […].
The futures of AI and the green market revolution are intimately linked; whether we want it or not, both will inevitably and radically transform societies and economies and become invisibly embedded into our daily lives.
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Although flowers and chocolates won’t be enough to embrace customerexperience, prioritizing CX has never been more important in order to advance your firm’s marketing maturity. This is just one of the many important insights from the 2019 Forrester Analytics Global Marketing Survey- and one you can find […].
Guide your holiday logistics planning around: 1) speed; 2) fulfillment options; and 3) transparency to create seamless and stellar experiences for your customers. Speed, Options, And Transparency Should Guide Holiday-Season Planning Retailers, get ahead of the holiday-season chaos and prepare your order management processes.
Leaders like Mercari and Poshmark have successfully differentiated with their brands, with Poshmark delivering more of a social pre-loved fashion experience and Mercari a more diversified platform. However, as competition grows with new entrants joining the market, brand differentiation will need to increase further among the main players.
But as consumers, businesses and markets settle into something like a new routine, what changes will commerce experience in the year ahead? B2C and B2B Experiences Will Keep Converging and Optimizing. Businesses know that B2B buyers increasingly expect B2C-like product discovery and purchasing options like self-service.
Firms Poised To Survive The Pandemic Aren’t Laying Off CX Pros, They’re Doubling Down To cut costs, companies are laying off employees in customerexperience, customer success, and customer support. Second, firms with a strong CX function have the customer understanding needed to weather the pandemic.
AMP for email has continued to improve functionality, providing email marketers with a slew of personalization and interactivity capabilities — adding loads of features to the inbox. AMP for email allows marketers to send surveys and collect data, too. For example, now customers can take a survey directly from an email.
According to Elina Vilk, Chief Business Officer of Davids Bridal, the retailer has effectively 90% of the entire market of brides , she shared in an interview with Retail TouchPoints. Now we’re doing a B2C and a B2B move that provides a lot of longevity. Davids Bridal. This isnt just anecdotal.
The use of artificial intelligence (AI) in specific marketing applications such as programmatic real-time bidding is now commonplace. Although marketing has yet to adopt it more broadly, new use cases are gathering momentum.
Within the world of B2B and B2C commerce, where understanding consumer behavior is key, this change has spurred a quest for innovative solutions. It’s a catalyst reshaping the core of digital marketing. Here, gen AI intervenes, enriching catalogs and enabling a more comprehensive customerexperience.
Enhancing both brand experience and customerexperience has a multiplicative revenue impact. Learn about our new framework for measuring and analyzing the two and how it can point you toward avenues for growth.
Empowered customers expect seamless cross-channel experiences. B2Cmarketers must understand customers and create value exchanges in their individual moments of need. A cross-channel marketing hub (CCMH) can help marketers overcome data and channel integration complexity to consistently engage […]
Improving customerexperience is a focal point for many online businesses. As the demand for frictionless shopping increases and consumer shopping habits constantly change, merchants must optimize their stores to accommodate shoppers at each stage of the eCommerce customer journey. Mapping the eCommerce Customer Journey.
What we got back were hundreds of submissions from online brands building visionary developments that drive growth opportunities, solve business challenges, and deliver outstanding customerexperiences above and beyond traditional online retail. Jill Rose , North American senior director of mid-market at PayPal. Why they won.
And specifically for marketers, the status quo often makes working smart impossible — functional silos inhibit internal efficiencies and negatively impact the overall customerexperience. Some of today’s biggest marketing silos are technology-based — different platforms for different functions. Let’s […].
Forresters research reveals the immense value for both customers and banks of useful, convenient digital banking experiences. The right mobile banking offerings, for example, can unlock new value for a customer and differentiate a banks brand. And our broader customerexperience research […]
Every autumn Forrester looks ahead to predict the major consumer, business and technology trends that will shape the marketing landscape for the following year. 2020 has been a year of unprecedented political, social, economic and healthcare disruption – and 2021 shows no signs of any of these trends slowing down.
“With Gatik’s autonomous box trucks, we are able to be quicker with our deliveries and focus more on the customer service side of things, which ultimately leads to happier customers and repeat customers.”
CMOs are fully aware of the importance of customer data. Expect the lines between employee and customerexperiences to blur. The employee data tsunami is less obvious, though. CMOs often own external communication, while chief human resources officers (CHROs) own internal communication.
Make sure your mobile customerexperience is optimized. With 64% of online shoppers completing at least half of their customer service on mobile devices, a mobile-first experience is mandated. She focuses on consumer research and developing marketing initiatives in the ecommerce vertical.
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B2C platforms often do not keep up with these changes or may not meet the unique requirements of B2B transactions. While there are plenty of options for B2C consumers, the unique capabilities a B2B customer requires simply are not available on B2C platforms and apps.
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