B2B sales vs. B2C sales: What’s the difference?
In contrast to selling to consumers, business-to-business (B2B) sales involve selling products or services to other organizations, either for use in their operations or for resale. The distinction between B2C and B2B sales is important because it usually requires different approaches, strategies, sales targets, and success metrics.
B2C sales tend to have a higher volume, faster transactions, and more emotionally driven purchases. A B2C customer might browse online shops and place an order for something that interests them, encounter targeted marketing and advertising that leads them to buy, or make an in-store purchase.
B2B sales, on the other hand, often involve longer sales cycles, larger deal sizes, and multiple stakeholders in the buying process. One example of a B2B customer is a midsize company looking to buy sales software for their team that fits with the rest of their tech stack. Rather than being one shopper making an individual decision, business buyers may have a procurement team that vets solutions and interacts with business development reps and account executives throughout the sales cycle.