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	<title>Marketing Taxi &#187; B2B marketing</title>
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		<title>B2B Researched Marketing Truths.</title>
		<link>http://www.marketingtaxi.com/b2b-researched-marketing-truths/</link>
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		<pubDate>Thu, 15 Oct 2009 17:57:18 +0000</pubDate>
		<dc:creator>Marketing Taxi</dc:creator>
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		<category><![CDATA[B2B marketing]]></category>
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		<description><![CDATA[The Institute for the Study of Business Markets celebrated its 25th anniversary this summer, with a two-day conference probing the current and future state of business marketing practice.
How many of these &#8220;indelible truths&#8221; apply to your business?
Understand, quantify, demonstrate and document customer value. When both seller and buyer focus on creating value and sharing its [...]]]></description>
			<content:encoded><![CDATA[<p>The <a href="http://isbm.smeal.psu.edu/">Institute for the Study of Business Markets</a> celebrated its 25th anniversary this summer, with a two-day conference probing the current and future state of business marketing practice.</p>
<p>How many of these &#8220;indelible truths&#8221; apply to your business?</p>
<p><strong>Understand, quantify, demonstrate and document customer value.</strong> When both seller and buyer focus on creating value and sharing its benefits, everyone wins.</p>
<p><strong>Look beyond what customers say.</strong> Finding customers’ real hot buttons, and understanding how different purchasing influencers work together on buying teams, are keys to successful selling to business.</p>
<p><strong>Your customers can develop valuable new offerings for you if you let them.</strong> Customer co-development programs and studying how your most innovative and unusual customers use your product will spur innovation in market-oriented directions.</p>
<p><strong>Take a long- as well as a short-term view of markets.</strong> Even in times of economic recession, marketing is a necessary investment.</p>
<p><strong>Implement STP.</strong> Following the discipline and logic of “segmenting,” “targeting,” and “positioning” ensures marketing efficiency and focus.</p>
<p><strong>Never doubt the power of brands in business markets. </strong>A brand name built and nurtured to connote value opens business customer doors and impresses buying decision makers.</p>
<p><strong>Keep the right customers; lose the wrong customers.</strong></p>
<p><strong>Communications are no longer from “us” to “them.”</strong> The communications models of the 20th century don’t describe a digitally networked world.</p>
<p><strong>Cost and price have never had a fundamental relationship.</strong> Effective segmentation goes beyond the obvious ways of categorizing customers, such as industry, size, or location.</p>
<p><strong>In B2B, customers are a scarce resource.</strong> Many times you know all of them. “Go deeper” with customers you have, to create and capture additional value.</p>
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