The way B2B buyers make purchasing decisions has evolved significantly. Unlike traditional methods where salespeople played a dominant role, today's B2B buyers rely heavily on digital research, peer recommendations, and self-service options.
For businesses looking to stay ahead, understanding how modern B2B buyers purchase, what influences their decisions, who they are, where they buy, and what loses their interest is crucial. This blog breaks down these key factors and explores the future of B2B purchasing behaviour.
While both B2B (business-to-business) and B2C (business-to-consumer) buyers purchase products or services, their motivations, decision-making processes, and purchasing behaviours differ significantly:
Factor | B2B Buyers | B2C Buyers |
---|---|---|
Decision Process | Involves multiple stakeholders (sales, marketing, finance, IT, legal) and is data-driven. | Usually an individual or family decision, often driven by emotion or impulse. |
Buying Cycle | Longer and more complex, often taking weeks or months. | Shorter, often instant or within days. |
Research | Extensive research, including whitepapers, case studies, and peer reviews. | Research may be limited to customer reviews, social media, and product descriptions. |
Price Sensitivity | Focuses on ROI, long-term value, and total cost of ownership. | Price plays a bigger role, with buyers often seeking discounts and deals. |
Purchase Channels | B2B marketplaces, direct vendor websites, RFPs, and enterprise sales. | E-commerce platforms, in-store purchases, and direct brand sites. |
Takeaway: B2B buyers make more calculated, ROI-focused decisions compared to B2C buyers, who are often influenced by emotion and convenience.
B2B buyers are decision-makers within a company, responsible for purchasing software, services, or equipment that impact business operations. According to HubSpot’s 2024 B2B Buyer Survey:
B2B buyers often work in teams, with different members evaluating different aspects of a purchase. For example, an IT director may assess security, while a finance officer examines pricing and ROI.
The B2B buyer journey has shifted towards a digital-first, self-guided process. Modern buyers are more independent, preferring to gather information before engaging with sales teams.
B2B buyers start by identifying a problem within their business. Instead of reaching out to vendors immediately, they:
Key Insight: 60% of B2B buyers discover new solutions through social media. Surprisingly, they use Facebook (89%) and YouTube (87%) more than LinkedIn (52%).
In this phase, buyers explore different options and compare solutions. They:
AI is playing a growing role, with 48% of buyers using AI tools to research solutions, and 98% of them finding AI research impactful.
Once buyers have a shortlist, they conduct deeper evaluations by:
62% of B2B buyers prefer tools with AI features, with 18% only considering solutions that include AI.
B2B purchases involve multiple stakeholders. 54% of buyers require buy-in from at least one or two additional people before finalising a purchase. The decision-making process takes time, with 60% of B2B buyers taking between one and six months to complete a purchase.
Takeaway: To succeed in the B2B market, companies must align their sales and marketing strategies with a buyer’s digital-first, research-heavy approach.
Several factors impact B2B buying decisions, including:
B2B buyers often abandon potential purchases due to:
Businesses that fail to adapt to these expectations risk losing deals to competitors who provide a seamless, digital-first experience.
AI Will Drive Buying Decisions
More Self-Service and E-Commerce Growth
Sustainability and Ethics Will Matter More
The Rise of Community-Led Buying
The modern B2B buyer is independent, informed, and selective. They expect a seamless, research-driven, and trust-based purchasing experience. To succeed, businesses must:
✅ Provide high-value content that educates buyers at every stage of the journey.
✅ Optimise for self-service with transparent pricing and AI-powered support.
✅ Build trust through case studies, reviews, and peer recommendations.
✅ Use data-driven personalisation to improve engagement.
At Inbound Orbit, we help businesses streamline their sales and marketing processes using modern tools like HubSpot.