flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Brand marketing: Why the B2B world needs to embrace consumers

Market Data

Brand marketing: Why the B2B world needs to embrace consumers

The relevance of brand recognition has always been debatable in the B2B universe. With notable exceptions like BASF, few manufacturers or industry groups see value in generating top-of-mind awareness for their products and services with consumers.


By John Caulfield, Senior Editor | November 11, 2016

Pixabay Public Domain

I’ve been going to trade shows for more than 35 years, and it never ceases to amaze me how many suppliers I’ve never heard of. While there are always well-known brands on display, like Kohler and
Whirlpool, marketing strategies for most suppliers typically view the general public as an afterthought.

The relevance of brand recognition has always been debatable in the B2B universe. With notable exceptions like BASF, few manufacturers or industry groups see value in generating top-of-mind awareness for their products and services with consumers. It’s far more advantageous, their thinking goes, to aim at municipalities, developers, and their AEC partners.

“It’s not in their organizational DNA” to market to the public, observes Kimberly Jones, President of Butler/Till, a media planning firm. 

But the public isn’t a passive bystander anymore. It is an avid stakeholder insisting that its input be factored into the design and construction of all kinds of projects: schools, offices, hospitals, multifamily housing, even sports arenas. Marketing that relegates the public to the sidelines misses an opportunity to influence—even tangentially—these influencers. 

I was thinking about branding while standing on the periphery of the International WELL Building Institute’s booth at last month’s Greenbuild convention in Los Angeles, watching one of a steady stream of interviews with company execs and partners, presented to Greenbuild attendees. IWBI, which launched in 2013, is striving to create a brand. But for whom, I wondered? 

Its WELL Building Standard stems from a larger wellness movement being spurred by a public that is demanding healthier home and work environments. But certification programs that measure and grade buildings and products have been mostly indifferent about propagating their brands. 

The EPA’s Energy Star program, which has been around for 24 years, gained purchase as energy rates rose. But EPA’s WaterSense labeling program, which celebrates its 10th anniversary this year, has yet to muster that level of brand awareness, in part, because water is relatively inexpensive in most markets.

The WaterSense label is on 16,000+ product models. Through 2015, it has helped consumers reduce energy and water costs by $32.6 billion. Yet, fewer than one-quarter of Americans are aware of the brand, according to a GfK survey.

My guess is that the same is true, to a greater or lesser degree, of LEED, Green Globes, Cradle to Cradle, and other regimens that hold buildings and products accountable for their efficiency, sustainability, or healthiness. Imagine the marketing boost for manufacturers and builders if these certification programs more broadly impacted consumers’ decisions about what to buy or where to live and work? 

The Cradle to Cradle label is on nearly 6,000 products under 400-plus corporate certificates. Those products include many consumer brands, from Shaw Industries (flooring) to Method (soap). The Cradle to Cradle organization is confident that the brand means something to “knowledgeable consumers” (read: Millennials), says Stacy Glass, the group’s VP of Built Environment. 

But any consumer branding campaign would be futile without critical mass. “What I’d like to see is our label on one million products under 10,000 certificates across the built environment,” says Glass.    

Related Stories

Market Data | Aug 2, 2022

Nonresidential construction spending falls 0.5% in June, says ABC

National nonresidential construction spending was down by 0.5% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.

Market Data | Jul 28, 2022

The latest Beck Group report sees earlier project collaboration as one way out of the inflation/supply chain malaise

In the first six months of 2022, quarter-to-quarter inflation for construction materials showed signs of easing, but only slightly.

Hotel Facilities | Jul 28, 2022

As travel returns, U.S. hotel construction pipeline growth follows

According to the recently released United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. construction pipeline stands at 5,220 projects/621,268 rooms at the close of 2022’s second quarter, up 9% Year-Over-Year (YOY) by projects and 4% YOY by rooms.

Codes and Standards | Jul 22, 2022

Hurricane-resistant construction may be greatly undervalued

  New research led by an MIT graduate student at the school’s Concrete Sustainability Hub suggests that the value of buildings constructed to resist wind damage in hurricanes may be significantly underestimated.

Market Data | Jul 21, 2022

Architecture Billings Index continues to stabilize but remains healthy

Architecture firms reported increasing demand for design services in June, according to a new report today from The American Institute of Architects (AIA).

Market Data | Jul 21, 2022

Despite deteriorating economic conditions, nonresidential construction spending projected to increase through 2023

Construction spending on buildings is projected to increase just over nine percent this year and another six percent in 2023, according to a new report from the American Institute of Architects (AIA). 

Building Team | Jul 18, 2022

Understanding the growing design-build market

FMI’s new analysis of the design-build market forecast for the next fives years shows that this delivery method will continue to grow, despite challenges from the COVID-19 pandemic.

Market Data | Jul 1, 2022

Nonresidential construction spending slightly dips in May, says ABC

National nonresidential construction spending was down by 0.6% in May, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.

Market Data | Jun 30, 2022

Yardi Matrix releases new national rent growth forecast

Rents in most American cities continue to rise slightly each month, but are not duplicating the rapid escalation rates exhibited in 2021.

Market Data | Jun 22, 2022

Architecture Billings Index slows but remains strong

Architecture firms reported increasing demand for design services in May, according to a new report today from The American Institute of Architects (AIA).

boombox1
boombox2
native1

More In Category


Contractors

Nonresidential construction spending decreased 0.2% in June

National nonresidential construction spending declined 0.2% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.21 trillion. Nonresidential construction has expanded 5.3% from a year ago.



Construction Costs

Data center construction costs for 2024

Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers. 

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021