D i g i t a l i z a t i o n a n d N e w B u y e r B e h a v i o r i s C h a n g i n g B 2 B R e l a t i o n s h i p M a r k e t i n g

Abstract: Problem definition: The increasingly informed customer will lead to an even greater demand for expertise and knowledge of marketers. Firms need to find new ways to utilize the informed customer as a co-creator of value by more proficiently analyzing behavior, both online and offline. An uncertainty lies in to which extent the operational standards of KIBS firms translate to their marketing and sales efforts, or to what degree they are using potential customers to help shape their value propositions. The research question that has been identified is how the relationships seen in knowledgeintensive B2B marketing are affected by the digitalization of society and the change in buyer behavior that is a result of these societal changes. Purpose: The purpose of this thesis will be to identify the effects of digitalization and changing buyer behavior on relationships seen across marketing and sales of knowledge-intensive services in a B2B context. This will lead to a recommendation for the case company’s future direction of its marketing and sales functions. Methodology: The research approach of this master’s thesis has been a combination of a descriptive and !! ! IV! Digitalization and New Buyer Behavior is Changing B2B Relationship Marketing Tobias Olsson Emil Uhlin an explorative study. The descriptive approach intends to describe the overall areas of the problem formulation, while the explorative approach aims to collect as much information as possible regarding these areas. The goal of research has been to put more weight on the explorative approach. The research is approached as a case study focusing on a company that is both B2B and in a sector that includes many interesting angles of the problem. Case company: The choice of Company X as case company for this thesis was rooted in three overall observations. First off, the area of digital marketing is currently seeing increased urgency in B2B. The sector of IT and business consultancy is also interesting. The companies in this sector often have many different ways of working within the same company. The choice of a B2B company is motivated by the fact that the new wave of digital marketing has seen greater advancements in B2C. B2B is historically stronger in much of the relationship marketing basics, like close network relationships. The digital advancements in B2B deviate from those in B2C, and are probably not as standardized. Lastly, an interesting aspect of Company X is that it offers business units on opposite sides of the spectrum in regards to overall digital advancements. Conclusions: Information really is the common denominator for everything that pertains to the power balance of supplier and customer. The authors believe that the presented framework provides a good intersection of assessing relational strength in B2B, the ability to grade strengths and weaknesses as well as opportunities and threats in digitalization, and lastly the level of current buyer insight. The models are secondary and may be modified, but the choice to observe relationships, digitalization and more in-depth buyer behavior should provide a holistic view for similar studies.