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February 06, 2007

Developing long-term trusted relationships with B2B customers

How many of your customers consider you a "Trusted Advisor"? I recently came across a brief article in VarBusiness Magazine called "Becoming a Trusted Advisor". It listed three methods, one of which is Executive Customer Briefings. As the article states, in order for these to be successful, there are three key elements:

  • Understanding the customer's business and goals
  • Approaching the customer’s problem from a long-term strategy
  • Suggesting specific solutions to achieve their business goals and long-term strategies

Looking closer at these  elements, I realized that they go beyond the context of Customer Briefings or a “sales only” initiative. What if marketers could think in terms of the business value that their company could provide customers or potential customers? Then, help convey these benefits throughout the marketing and sales cycle. How would this affect the development of valued “Trusted Advisor” relationships?

On a related thought, I recommend reading What B2B customers really expect, from the Harvard Business Review (HBR), as I found some of the revelations quite interesting. (If you are not a customer of HBR, just watch a short ad, to see the article, it is worth it). There is chart in the article called Customer Expectations Revealed, which shows the relationship between what customers expect, what vendors think customers expect, and what vendors recruit for.

As a third article of reference on the subject, that discusses how marketing can actively play a part in developing these relationships, read Get Strategic with Account-Based Marketing from Marketing2IT (a TechWeb newsletter with trends and tips for the IT Marketers that I also recommend).

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