B2C Customers
Term from the CRM Lexicon
Definition
B2C (Business-to-Consumer) customers are end-users, i.e., private individuals who purchase products or services for personal use. Unlike B2B customers, who buy for a company or organization, B2C customers make purchasing decisions based on individual needs, preferences, and often emotional factors.
Characteristics of B2C Customers
- Individual Needs and Preferences: B2C customers make purchasing decisions based on personal preferences, lifestyle, and the perceived benefit to themselves.
- Impulsive Purchasing Decisions: B2C purchases are often less rational and can be influenced by spontaneous impulses, marketing campaigns, or social trends.
- Short-term Relationships: The relationship between companies and B2C customers is generally transactional and less long-term than in the B2B segment, although customer loyalty and retention are also important goals here.
- Importance of Brands and Marketing: Brand image, advertising, and positive customer experiences play a significant role in influencing B2C purchasing decisions.
- Use of Digital Channels: B2C customers interact heavily through digital channels such as online shops, social media, and mobile apps, which requires an efficient digital strategy and the use of appropriate IT solutions.
Example
A retail company that sells clothing online and in physical stores primarily serves B2C customers. This company needs an efficient ERP solution to manage inventory, process orders, and handle returns. At the same time, a robust CRM system is essential to capture customer data (e.g., purchase history, preferences), send personalized offers, and provide fast, effective customer service.