The success of a program depends on partnering with the right affiliates. This means that choosing between B2B and B2C is one of the most important decisions you can make.
With this in mind, let's make sure your all b2c data included have program gets off to the best possible start by exploring the strengths and weaknesses of each approach.
1. Potential scope
Online shopping is big business. In 2020, worldwide retail e-commerce sales passed $4 trillion and are projected to grow to $5.4 trillion in 2022.
With so many consumers now shopping online, your typical B2C affiliate marketing program has an almost unlimited audience. If you want to generate a lot of sales and promote your products and services to a wide audience, a B2C affiliate marketing program may be ideal.
B2C can also be a good option if you produce goods that have mass appeal. For example, many influential marketers successfully promote electronic products:
An example of an electronics influencer on Instagram.
In contrast, most B2B affiliate marketing programs have smaller, more focused audiences. While there were an estimated 213 million businesses worldwide in 2020, most B2B programs target specific industries.
If you specialize in products or services within a niche market, a B2B network may be perfect for your business. However, keep in mind that even a successful B2B affiliate marketing program may only bring in a modest number of new customers.
B2B vs. B2C Affiliate Marketing: Which is Right for You?
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