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April 8, 2008

The Importance of Branding in B2B

Picture this: A company receives two completed RFPs. One is from a top 100 B2B brand. One is from a little-known regional player. Both RFPs are similarly filled out. Both companies appear to be equally qualified to get the job. Which one does the client typically choose? The top brand, of course.

Some of the strongest brands in the world are in the B2B sector. For example, GE, Intel, Google and Oracle consistently rank in the top 50 in global brand rankings. Clients choose these brands over and over again because they provide them with a built-in assurance of excellence and value (the same reason consumers buy Coke, Toyota and Sony).