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News / Blog: #b2b

What do you earn in the B2B sector?

08/31/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Business-to-business (B2B) salaries can vary widely depending on specialty, experience, education, industry, company size, location, and area of responsibility. B2B includes business activities where companies sell products or services to other companies. Here are rough guidelines for B2B salary in different regions:

Europe:

Entry or junior B2B employee: €25,000 - €45,000 per year

Experienced B2B employee: €45,000 - €70,000 per year

B2B manager or subject matter expert: €70,000 and up per year

USA:

Entry or junior B2B employee: $40,000 - $60,000 per year

Experienced B2B employee: $60,000 - $90,000 per year

B2B manager or subject matter expert: $90,000 and up per year

These estimates are general guidelines and may vary by region, industry, and individual factors. B2B encompasses a variety of roles, including sales, marketing, customer support, supply chain management, business development and more.

B2B salaries can vary widely depending on the specific role and requirements of the position. It is recommended to review current salary data from trusted sources such as salary surveys, job portals, or professional associations to get accurate and up-to-date information about B2B salaries in your region and industry.

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Hourly rates in the b2b sector

08/31/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Business-to-business (B2B) hourly rates can vary widely depending on the type of service, industry, location, experience, area of expertise and individual factors. Because B2B covers a wide range of services and business areas, there are no hard and fast rules for hourly rates. However, here are rough guidelines for hourly rates in B2B in different regions:

Europe:

Entry or junior professionals: €20 - €50 per hour

Experienced professionals: 50 € - 100 € per hour

Experts or expert consultants: 100 € and more per hour

USA:

Entry or junior professionals: $30 - $60 per hour

Experienced professionals: $60 - $120 per hour

Experts or expert consultants: $120 and up per hour

It is important to note that these estimates are general and depend heavily on the type of service. In the B2B space, services could range from consulting and marketing to IT services to engineering and other specialized services.

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B2B agencies' challenges in using online advertising and alternative approaches

08/31/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

In today's digital era, online advertising has become a powerful tool to attract customers and drive business. But while some companies in the business-to-business (B2B) industry are successfully using online advertising, many agencies are struggling to get the desired value from this marketing strategy. This article explores the challenges B2B agencies face when using online advertising and highlights alternative approaches available to them.

Challenges in using online advertising in B2B

Complex products and services: In the B2B sector, the products and services offered are often more complex and require more explanation than in the B2C sector. Online advertising often offers limited space for detailed explanations, making it difficult to adequately convey the benefits and value of complex offerings.

Long sales cycles: B2B sales cycles are often longer and involve multiple decision makers. Online advertising may not always be able to provide the compelling arguments needed to influence these complex buying decisions.

Targeting: B2B agencies must target highly specialized audiences. Accurately identifying and reaching these niches can be challenging in the vastness of the Internet.

Building trust: In B2B, trust and credibility are critical. Building that trust through online advertising alone can be a challenging task, as potential customers are often looking for detailed information, testimonials, and recommendations.

Alternative approaches to B2B marketing

Content marketing: one alternative to direct online advertising is content marketing. By creating high-quality content such as blog posts, white papers, and case studies, agencies can demonstrate their expertise and gain the trust of their target audience

Social Selling: Through the targeted use of social media platforms, B2B agencies can build personal relationships and expand their network. Instead of pure advertising, this is about building relationships and sharing relevant expertise.

Account-based marketing (ABM): ABM focuses on individual target companies and tailors the marketing strategy to their specific needs. This allows for a more personalized approach and a more targeted approach.

Events and Conferences: Attending industry events, conferences and webinars can be a great way to meet potential customers face-to-face and showcase your offerings.

Email marketing: Well-targeted email campaigns that provide relevant and useful information can be an effective way to build long-term relationships in the B2B space.

In an era of ever-increasing digital competition, B2B agencies may need to look beyond the traditional approach of online-only advertising. By adopting alternative approaches that are better tailored to the specifics of the B2B market, they can achieve more effective customer engagement and increase their visibility in the industry.

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What do you need to know about SaaS in B2B?

08/29/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Software-as-a-Service (SaaS) has become one of the most important technologies in the business-to-business (B2B) market. Companies are increasingly turning to SaaS solutions to optimize their business processes, increase productivity and reduce costs. But what exactly is behind the term SaaS in B2B? In this article, we will take a close look at what SaaS means in the B2B context and what benefits it offers to businesses.

What is SaaS?

Software-as-a-Service (SaaS) is a delivery model for software where applications are hosted over the Internet and made available to users via the web. Unlike traditional software licensing, which requires the software to be installed on users' computers, SaaS applications can be used by companies over the Internet without requiring additional hardware or complex installations.

How does SaaS work in the B2B sector?

In B2B, SaaS enables companies to access powerful applications and services that are specifically tailored to business needs. The software is typically hosted and maintained by a provider, while customers access the application over the Internet. Data is stored securely in the cloud, allowing users to access the software from anywhere, at any time.

Advantages of SaaS in B2B:

1. Lower costs

SaaS applications offer the advantage that companies do not need an expensive infrastructure or IT department to implement and maintain the software. Billing is usually on a monthly or annual basis, making costs more predictable and avoiding investments in software licenses.

2. Flexibility and scalability

SaaS providers allow companies to scale their software usage as needed. As the company grows or changes in size, additional licenses or features can be easily added. At the same time, unused licenses can be reduced or cancelled to optimize costs.

3. Up-to-dateness and updates

The responsibility for maintenance and updates of the software lies with the SaaS provider. This means that companies always have access to the latest versions of the applications without the need for additional updates or patches.

4. Access from anywhere

SaaS applications are accessible via the Internet, allowing users to access them from virtually any device with an Internet connection. This enables employees to work efficiently while on the go.

5. Security and data protection

Serious SaaS providers place great emphasis on security and data protection. Data is stored in high-security data centers and backed up regularly. In addition, companies do not have to worry about the theft or loss of corporate data because everything is secured in the cloud.

Conclusion

SaaS has become an integral part of the B2B market, offering businesses numerous benefits, including cost savings, flexibility, security and access from anywhere. The continued evolution of SaaS technology is expected to produce even more innovative solutions to meet the needs of businesses. Therefore, enterprises should carefully explore and consider SaaS opportunities to optimize their business processes and strengthen their competitiveness.

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Why it is becoming increasingly difficult for B2B companies and service providers to cover their costs with Google advertising

08/25/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The digital advertising landscape has changed dramatically in recent years. Especially for B2B companies and service providers, it is becoming increasingly difficult to break even with Google advertising. In this article, we will look at the main reasons why these changes have taken place and what challenges this poses for B2B companies.

Growing competition:

The number of companies using Google advertising has increased significantly in recent years. As a result, competition for limited advertising space on search results pages and in Google Ads has increased significantly. As competition increases, so does the cost per click and per conversion, resulting in higher ad spend for B2B companies and service providers.

Rising click prices:

Click prices in Google Ads have risen sharply in many industries. Especially in B2B areas with expensive products or services, the cost per click can quickly skyrocket. It is becoming increasingly difficult for companies to find cost-effective keywords to reach their target audience.

Long sales cycles:

B2B companies and service providers often have longer sales cycles than B2C companies. Business customers tend to take longer to make decisions, which can lead to higher costs per conversion. Tracking conversions and accurately measuring advertising success becomes more complicated as a result.

Ad blockers and ad blindness:

More and more Internet users are using ad blockers to protect themselves from advertising. As a result, ads are less visible and thus less noticed. Even when companies invest in Google Ads, a significant portion of their target audience may not even see the ads.

Complexity of Google Ads:

Google Ads is an extremely complex advertising tool with many setting options and features. For small and medium B2B companies, it can be difficult to set up and optimize an effective advertising campaign, especially if there is no designated Google Ads expert in the company.

Shift to other platforms:

With the rise of social media and other advertising platforms, some companies are shifting their advertising budgets away from Google Ads. Depending on the target audience and industry, advertising on platforms such as LinkedIn, Facebook or specialized industry portals may be more cost-effective and targeted.

Conclusion:

B2B companies and service providers are finding it increasingly difficult to cover their advertising costs with Google Ads. Increasing competition, rising click prices, long sales cycles, ad blockers and the complexity of Google Ads are just some of the challenges they face. It is important that companies carefully rethink their advertising strategies and possibly consider alternative advertising platforms to effectively reach their target audience and achieve their marketing goals.

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