Uncovering the Hidden Power of B2B Influence: Why Size Doesn't Matter
Founder, Newsworthy.ai
Let's do the math. You may have a lot more influence than you ever imagined.
In the realm of social media and content creation, we often find ourselves chasing the elusive dream of amassing hundreds of thousands of followers, believing that it's the ultimate key to becoming an influencer. While this might hold true in the world of B2C (Business-to-Consumer) marketing, the dynamics shift significantly when we step into the B2B (Business-to-Business) arena. In this blog post, we'll explore why having a massive following isn't the only measure of influence in B2B and why, in fact, you may have more B2B influence than you realize.
The Numbers Game: B2C vs. B2B
In B2C, the landscape is vast, with millions upon millions of potential consumers. Take the United States and Canada, for instance, with their combined population of approximately 370 million people. If you manage to accumulate one million followers as a B2C influencer, your ratio of followers to the total population is 1/370. In other words, your message reaches one person in every 370.
Now, let's shift our focus to the B2B world. Here, the game changes dramatically. The total population you're targeting shrinks significantly, typically ranging from 16 to 20 million, depending on how you classify businesses, not-for-profits, and government entities. This number further dwindles when you consider specific vertical markets within the B2B space.
The Power of Concentrated Influence
In the B2B influencer landscape, your influence ratio could be much higher than you think. With a smaller, more focused audience, your impact can be far more concentrated. Unlike B2C, where you're broadcasting your message to a vast and diverse population, in B2B, you're operating within a community of peers. Your audience consists of professionals, decision-makers, and experts in your field, making your voice all the more significant.
Rethinking Influence in 2023 and 2024
We are witnessing a shift in the influencer landscape. B2B nano influencers are especially becoming hot. Companies are already seeing value in influencers with smaller followings that have a closer relationship with their target customers. That trend will continue into 2024. Micro-influencers, those with smaller but highly engaged audiences, are also on the rise. But here's the key: in B2B, don't think of yourself as "micro" or "nano". Instead, recognize the true value of your influence. You may have a smaller following compared to B2C mega-influencers, but your impact within your niche or industry can be profound.
So, it's time to rethink how you measure and leverage your influence as a B2B professional. Remember that quantity isn't the only metric that matters. Your ability to connect, engage, and influence within your specific field holds immense value. In 2023 and beyond, it's not about the size of your following; it's about the depth and relevance of your impact. Embrace your role as a B2B influencer, and discover the hidden power of your influence in this dynamic landscape.