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Improve the B2B Buyer Experience
and Your Bottom Line
That’s because businesses don’t make actual purchases. Individuals do.
But before we buy, we’re all looking for someone, or something, that we can trust.
Trust enhances every buying stage from awareness, to consideration, to content creation and advocacy.
Soon you’ll find you’ve built the best, most trusted buyer experience possible, boosting your bottom line.
To achieve this success we look at how online reviews:
1 Improve the B2B Buyer Experience and Your Bottom Line
Whatever your customers want from you, they are looking at you as
if they were buying something for themselves, not for a business.
Bring confidence to
buyers’ research
Create content that
gets you noticed
Improve customer
service & customer
experience1 32
It’s second nature to research on our devices. Because of this, B2B
businesses are expected to supply the same level of slick customer-
focused convenience as a typical B2C company.
In a recent B2B study1
, peers were found to be one of the preferred
sources of information during the buying cycle.
It’s not surprising: 73% of B2B buyers say they prefer solo research,
so validation in the form of previous customer feedback is key when
going it alone.2
The search for online trust is growing, too: since 2014, there’s
been a 70% increase3
in the number of 18-34yr olds who make the
B2B purchase decisions. This tech-savvy bunch are looking for
immediate confidence in your business so they can recommend
you.
To appeal to your buyers, to improve your online visibility, and to
increase sales and retention, you need online reviews.
Bring Confidence to Buyers’
Research With Reviews
Acquire more leads for less effort
1
2 Improve the B2B Buyer Experience and Your Bottom Line
Buyers have more
power when they have
smartphones and
tablets and information
at their fingertips.
They really want to
speak with peers, not
salespeople.
Laura Ramos
VP and Principal Analyst, Forrester Research4
“
Let’s say you’re looking for a particular software company. Would you
call the first one you find?
Probably not. Almost two-thirds (63%) of buyers read reviews to help
them create a shortlist first.5
With 92% of CMOs6
saying competition in their market has increased
pressure to achieve commercial objectives, it’s important to be seen
and trusted right from the first click.
After all, 70% of buyers are likely to select a supplier with clear
differentiators. Make your reputation one of these stand out points.7
97% of B2B buyers say customer feedback is more credible than
other types of content.8
It’s because reviews fit with a fragmented buying journey. Customer
feedback can be accessed at any time, on any device, from anywhere,
to give validity to purchase decisions when validation is needed.
And if your customers like what they read, their purchasing journey
might not become disjointed after all.
3
Reviews suit a complex buying journey
1
Improve the B2B Buyer Experience and Your Bottom Line
Review sites give
buyers convenient
access to analyst-
like information
about solution
vendors in their
areas of interest.
Michael Fauscette
Chief Research Officer, G2 Crowd9
“
A study found that 45% of buyers say decision making has become
more complex due to greater choice13
of services and suppliers. Be the
slickest choice and you’ll make that decision a bit easier.
Case studies and testimonials have their use. But for an authentic
analysis of what you offer, online reviews are the only way forward.
With Trustpilot, it doesn’t matter how your customers find you. They can
always see your reputation thanks to Trustpilot’s tools for your website,
social media and marketing.
Online reviews help you:
By 2020, customer experience will overtake price and product as the key brand differentiator for B2B.10
It’s no good anymore to only offer the best price. You need to offer great customer service, a slick brand, an easy
purchasing process and more. And then you need to repeat all of this for every customer.
It’s a tall order, but one that’s easier with reviews because their transparent nature proves you’re a legitimate, reliable
business.
Seventy per-cent of companies with the best customer experience use customer feedback,11
and more than half (59%)
of software buyers say they write reviews to help others.12
Improve Customer Service & Customer Experience
Build a fluid customer experience with reviews
2
4 Improve the B2B Buyer Experience and Your Bottom Line
Understand what you’re doing well
See what needs improvement
Build a reputation without selfish
self-promotion
Research shows star-rating in search results is the number one way to judge a business. Buyers like to see from their
peers that you’re offering the great customer service you market.
Online reviews give you another channel to reach your customers. Feedback here helps you improve the areas that need
it and continue doing what’s great in the areas you’ve received praise.
It’s all about having a conversation with your customers to find out what works and what doesn’t, so you can replicate
the best customer service time and time again in the future.
And with Trustpilot’s advanced analysis tools, you can analyse feedback in-depth to identify review trends in an instant.
That means no lengthy, expensive commitments to audience analysis.
Online reviews improve customer service
2
World-leading password manager Dashlane came to Trustpilot
with one goal: to increase organic traffic and conversions for their
offering.
Dashlane invited their customers for feedback. Soon after, Dashlane
collected enough reviews to qualify for Google Seller Ratings.
This new step alone led to a 93% increase in click-through rates.
By displaying Trustpilot reviews on their paid ads too, conversions
increased 14.5%.
Dashlane improve their online visibility15
CASE STUDY
“Personal trust and usability are huge for
businesses and often a story about family
password sharing, alongside powerful
data protection, is more credible and
important than a corporate endorsement”
- David Rostan, Head of Organic Marketing for Dashlane
B2B decisions take time: 54% of B2B buyers16
say they take longer to make a decision about buying than they did 12
months ago.
Make sure your value is evident in the first few seconds. With a review-built reputation easily accessible across every
communication channel, the buyer doesn’t need to look to a competitor.
Create Content That Gets You Noticed
Assure buyers you are the best choice
3
6 Improve the B2B Buyer Experience and Your Bottom Line
Analysing feedback and making necessary changes, based on that feedback, is worthy enough in itself. But what’s the
point in collecting feedback if you don’t showcase it?
Trustpilot makes it easy to display your feedback thanks to a simple range of widgets which can be placed anywhere on
your site, to guide your buyers through the purchasing process.
The confidence created through displaying customer feedback can mean more leads for less spend.
Trustpilot’s TrustBoxes17
Display reviews anywhere on your
site and blend them with your
online branding.
Trustpilot’s Marketing Assets18
Use your customer feedback offline
at events, in your marketing, during
webinars, in your whitepapers and more.
7 Improve the B2B Buyer Experience and Your Bottom Line
Search engines notice the fresh, relevant content of your customer feedback and can consider you an authoritative
source. This can potentially push you up the search engine rankings.
Because Google trusts certain third-party online review communities, like Trustpilot, to supply review data, you can also
earn a star-rating in search results.
So not only is your visible review content guiding people through to the checkout, it’s helping you gain popularity and
dominate your competitors in buyers’ initial research stages.
Here’s where you can see the benefits:
Boost SEO with reviews
3
Earn Rich Snippet stars in Google
Google takes your customer feedback
data (through Trustpilot) and
represents your reviews in a simple,
representative star rating in its search
results. This makes it easy to see how
trusted you are from the first search.
Get Google Seller Ratings for your ads
If you have a Google AdWords account
and a collection of fresh review content
from a site like Trustpilot, a star rating on
your ads can appear. You only need 30
different reviews to get started.19
8
According to a study by B2B International20
, most companies lose
45% to 50% of their customers every five years, and winning new
customers can be up to 20 times more expensive than retaining
existing customers.
Strategically use your Trustpilot reputation in your remarketing
efforts, from emails to leaflets, to assure past or lost customers
that you fulfil their needs.
Website targeting, email and ad campaigns are among the most
common21
acquisition methods. Make sure your marketing,
through whatever channel, builds trust the very first time it’s seen.
3
Use reviews in retargeting marketing
Improve the B2B Buyer Experience and Your Bottom Line
Get into a culture where reviews are a big part of your business.
Reviews add authentic value to B2B businesses. They show a commitment to great customer service and a dedication
to providing useful information to buyers in their purchase journey.
If people see you’re recommended, word will spread to senior colleagues or the board that you’re the best option, forcing
these colleagues to reconsider their allegiance to a perhaps loyal previous supplier.
This all helps you close deals quicker, shorten the purchase cycle, and build better and longer lasting advocates.
‘If you build it, they will come…’
Build your review strategy
Call +44 (0) 203 630 0750 for a free consultation.
Sign up for a personalised demo
SIGN UP NOW
Here are some of the brands working with Trustpilot
1. Gartner (2014): Will 2014 be the Year of Advocacy Marketing?
2. Forrester: How Self-Service Research Changes B2B Marketing
3. Think With Google: The Changing Face of B2B Marketing
4. DemandGen Report: A Compelling Case For B2B Advocate Marketing Investment
5. This is Moment: Why B2B Customer Reviews Matter as Much as Consumer Reviews
6. Octopus Group: The Sleepless CMO
7. Octopus Group (2016): What do we know about B2B CMOs and buyers in 2016?
8. This Moment (2015): Why B2B Customer Reviews Matter as Much as Consumer Reviews
9. DemandGen Report: B2B Marketers Tap Review Sites For Higher Conversion Rates
10. B2B Marketing: Death of a Salesman (2016)
REFERENCES
11. Huffington Post: 50 Important Customer Experience Stats for Business Leaders
12. This Moment: Why B2B Customer Reviews Matter as Much as Consumer Reviews
13. Octopus Group: The Sleepless CMO
14. BrightLocal: Local Consumer Survey 2015
15. Trustpilot: 6 ways Dashlane realized ROI from reviews
16. B2B Marketing: Marketing more influential than sales, says LinkedIn
17. Trustpilot Support Center: TrustBoxes
18. Trustpilot blog: Easily Market Your Reputation With Trustpilot’s Marketing Assets
19. Trustpilot blog: How to land great reviews and boost your Google Seller Rating
20. B2B International: Customer Satisfaction
21. Invesp: Customer Acquisition Vs.Retention Costs – Statistics And Trends

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Improve B2B Experience & Bottom Line With Reviews

  • 1. Improve the B2B Buyer Experience and Your Bottom Line
  • 2. That’s because businesses don’t make actual purchases. Individuals do. But before we buy, we’re all looking for someone, or something, that we can trust. Trust enhances every buying stage from awareness, to consideration, to content creation and advocacy. Soon you’ll find you’ve built the best, most trusted buyer experience possible, boosting your bottom line. To achieve this success we look at how online reviews: 1 Improve the B2B Buyer Experience and Your Bottom Line Whatever your customers want from you, they are looking at you as if they were buying something for themselves, not for a business. Bring confidence to buyers’ research Create content that gets you noticed Improve customer service & customer experience1 32
  • 3. It’s second nature to research on our devices. Because of this, B2B businesses are expected to supply the same level of slick customer- focused convenience as a typical B2C company. In a recent B2B study1 , peers were found to be one of the preferred sources of information during the buying cycle. It’s not surprising: 73% of B2B buyers say they prefer solo research, so validation in the form of previous customer feedback is key when going it alone.2 The search for online trust is growing, too: since 2014, there’s been a 70% increase3 in the number of 18-34yr olds who make the B2B purchase decisions. This tech-savvy bunch are looking for immediate confidence in your business so they can recommend you. To appeal to your buyers, to improve your online visibility, and to increase sales and retention, you need online reviews. Bring Confidence to Buyers’ Research With Reviews Acquire more leads for less effort 1 2 Improve the B2B Buyer Experience and Your Bottom Line Buyers have more power when they have smartphones and tablets and information at their fingertips. They really want to speak with peers, not salespeople. Laura Ramos VP and Principal Analyst, Forrester Research4 “
  • 4. Let’s say you’re looking for a particular software company. Would you call the first one you find? Probably not. Almost two-thirds (63%) of buyers read reviews to help them create a shortlist first.5 With 92% of CMOs6 saying competition in their market has increased pressure to achieve commercial objectives, it’s important to be seen and trusted right from the first click. After all, 70% of buyers are likely to select a supplier with clear differentiators. Make your reputation one of these stand out points.7 97% of B2B buyers say customer feedback is more credible than other types of content.8 It’s because reviews fit with a fragmented buying journey. Customer feedback can be accessed at any time, on any device, from anywhere, to give validity to purchase decisions when validation is needed. And if your customers like what they read, their purchasing journey might not become disjointed after all. 3 Reviews suit a complex buying journey 1 Improve the B2B Buyer Experience and Your Bottom Line Review sites give buyers convenient access to analyst- like information about solution vendors in their areas of interest. Michael Fauscette Chief Research Officer, G2 Crowd9 “
  • 5. A study found that 45% of buyers say decision making has become more complex due to greater choice13 of services and suppliers. Be the slickest choice and you’ll make that decision a bit easier. Case studies and testimonials have their use. But for an authentic analysis of what you offer, online reviews are the only way forward. With Trustpilot, it doesn’t matter how your customers find you. They can always see your reputation thanks to Trustpilot’s tools for your website, social media and marketing. Online reviews help you: By 2020, customer experience will overtake price and product as the key brand differentiator for B2B.10 It’s no good anymore to only offer the best price. You need to offer great customer service, a slick brand, an easy purchasing process and more. And then you need to repeat all of this for every customer. It’s a tall order, but one that’s easier with reviews because their transparent nature proves you’re a legitimate, reliable business. Seventy per-cent of companies with the best customer experience use customer feedback,11 and more than half (59%) of software buyers say they write reviews to help others.12 Improve Customer Service & Customer Experience Build a fluid customer experience with reviews 2 4 Improve the B2B Buyer Experience and Your Bottom Line Understand what you’re doing well See what needs improvement Build a reputation without selfish self-promotion
  • 6. Research shows star-rating in search results is the number one way to judge a business. Buyers like to see from their peers that you’re offering the great customer service you market. Online reviews give you another channel to reach your customers. Feedback here helps you improve the areas that need it and continue doing what’s great in the areas you’ve received praise. It’s all about having a conversation with your customers to find out what works and what doesn’t, so you can replicate the best customer service time and time again in the future. And with Trustpilot’s advanced analysis tools, you can analyse feedback in-depth to identify review trends in an instant. That means no lengthy, expensive commitments to audience analysis. Online reviews improve customer service 2 World-leading password manager Dashlane came to Trustpilot with one goal: to increase organic traffic and conversions for their offering. Dashlane invited their customers for feedback. Soon after, Dashlane collected enough reviews to qualify for Google Seller Ratings. This new step alone led to a 93% increase in click-through rates. By displaying Trustpilot reviews on their paid ads too, conversions increased 14.5%. Dashlane improve their online visibility15 CASE STUDY “Personal trust and usability are huge for businesses and often a story about family password sharing, alongside powerful data protection, is more credible and important than a corporate endorsement” - David Rostan, Head of Organic Marketing for Dashlane
  • 7. B2B decisions take time: 54% of B2B buyers16 say they take longer to make a decision about buying than they did 12 months ago. Make sure your value is evident in the first few seconds. With a review-built reputation easily accessible across every communication channel, the buyer doesn’t need to look to a competitor. Create Content That Gets You Noticed Assure buyers you are the best choice 3 6 Improve the B2B Buyer Experience and Your Bottom Line Analysing feedback and making necessary changes, based on that feedback, is worthy enough in itself. But what’s the point in collecting feedback if you don’t showcase it? Trustpilot makes it easy to display your feedback thanks to a simple range of widgets which can be placed anywhere on your site, to guide your buyers through the purchasing process. The confidence created through displaying customer feedback can mean more leads for less spend. Trustpilot’s TrustBoxes17 Display reviews anywhere on your site and blend them with your online branding. Trustpilot’s Marketing Assets18 Use your customer feedback offline at events, in your marketing, during webinars, in your whitepapers and more.
  • 8. 7 Improve the B2B Buyer Experience and Your Bottom Line Search engines notice the fresh, relevant content of your customer feedback and can consider you an authoritative source. This can potentially push you up the search engine rankings. Because Google trusts certain third-party online review communities, like Trustpilot, to supply review data, you can also earn a star-rating in search results. So not only is your visible review content guiding people through to the checkout, it’s helping you gain popularity and dominate your competitors in buyers’ initial research stages. Here’s where you can see the benefits: Boost SEO with reviews 3 Earn Rich Snippet stars in Google Google takes your customer feedback data (through Trustpilot) and represents your reviews in a simple, representative star rating in its search results. This makes it easy to see how trusted you are from the first search. Get Google Seller Ratings for your ads If you have a Google AdWords account and a collection of fresh review content from a site like Trustpilot, a star rating on your ads can appear. You only need 30 different reviews to get started.19
  • 9. 8 According to a study by B2B International20 , most companies lose 45% to 50% of their customers every five years, and winning new customers can be up to 20 times more expensive than retaining existing customers. Strategically use your Trustpilot reputation in your remarketing efforts, from emails to leaflets, to assure past or lost customers that you fulfil their needs. Website targeting, email and ad campaigns are among the most common21 acquisition methods. Make sure your marketing, through whatever channel, builds trust the very first time it’s seen. 3 Use reviews in retargeting marketing Improve the B2B Buyer Experience and Your Bottom Line
  • 10. Get into a culture where reviews are a big part of your business. Reviews add authentic value to B2B businesses. They show a commitment to great customer service and a dedication to providing useful information to buyers in their purchase journey. If people see you’re recommended, word will spread to senior colleagues or the board that you’re the best option, forcing these colleagues to reconsider their allegiance to a perhaps loyal previous supplier. This all helps you close deals quicker, shorten the purchase cycle, and build better and longer lasting advocates. ‘If you build it, they will come…’ Build your review strategy Call +44 (0) 203 630 0750 for a free consultation. Sign up for a personalised demo SIGN UP NOW
  • 11. Here are some of the brands working with Trustpilot 1. Gartner (2014): Will 2014 be the Year of Advocacy Marketing? 2. Forrester: How Self-Service Research Changes B2B Marketing 3. Think With Google: The Changing Face of B2B Marketing 4. DemandGen Report: A Compelling Case For B2B Advocate Marketing Investment 5. This is Moment: Why B2B Customer Reviews Matter as Much as Consumer Reviews 6. Octopus Group: The Sleepless CMO 7. Octopus Group (2016): What do we know about B2B CMOs and buyers in 2016? 8. This Moment (2015): Why B2B Customer Reviews Matter as Much as Consumer Reviews 9. DemandGen Report: B2B Marketers Tap Review Sites For Higher Conversion Rates 10. B2B Marketing: Death of a Salesman (2016) REFERENCES 11. Huffington Post: 50 Important Customer Experience Stats for Business Leaders 12. This Moment: Why B2B Customer Reviews Matter as Much as Consumer Reviews 13. Octopus Group: The Sleepless CMO 14. BrightLocal: Local Consumer Survey 2015 15. Trustpilot: 6 ways Dashlane realized ROI from reviews 16. B2B Marketing: Marketing more influential than sales, says LinkedIn 17. Trustpilot Support Center: TrustBoxes 18. Trustpilot blog: Easily Market Your Reputation With Trustpilot’s Marketing Assets 19. Trustpilot blog: How to land great reviews and boost your Google Seller Rating 20. B2B International: Customer Satisfaction 21. Invesp: Customer Acquisition Vs.Retention Costs – Statistics And Trends