B2B VS B2C - Which Business Model Is Better?
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If you want to succeed in business, should you build a B2B or B2C business model? A good question with a simple answer. What’s the answer? Watch this video to find out, as Dan Lok reveals his answer after years of experience with both business models, and how you can make the right choice for maximum business success.
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#Business #B2B #B2C #BusinessAdvice
This video is about B2B VS B2C - Which Business Model Is Better?
• B2B VS B2C - Which Bus...
I'm in b2b. It's very profitable because if your clients make money, they come back again and again for your product/service.
It's difficult to start though, because your clients need to believe in what you sell.
It took me 9 months to make a first sale!
i think mine need one year
@@shkobabakr5076 don't give up 🙏
@@JasperSmith. thank you i will do that
@@JasperSmith. What do you Sell ?
@@srujithsunny6022 a few different brands in the smart gift/concept/fashion category (retail industry)
Dan Lok sir, Please explain the REAL ESTATE & STOCK marketing from starting point
How to open demat account and start picking stocks
I prefer B2B. They understand value and business processes. Easier to sell to CEOs than to dumb consumers
There're also dumb CEO
Probably hard to sell to normal consumers when you are narcissistic like this
B2B seems more profitable~ example
Lockheed Martin
Boeing
Though mass-market(B2C) has the largest potential to scale
B2B:
- Fixed Clients
- Less Profit margin
- Scalable
- Long Term Relationship
B2C:
- Not fixed Customers
- More Profit Margin
- Slow Scalable
- Short Term Relationship
As always, great advice Dan!
You said copywriting is one of the high income skill to have but as you said in this video one need experience to go in B2B model and copywriting is a B2B skill so how can i make money through copywriting if i don't have experience in business
Create ur own portfolio and market ur services to your prospective clients
Which is best real eastate or stocks or. Mutual fund.pls let all know
I would suggest you go into Forex trades . It's a good investment plan . I made $450 out of $100 investment i did . Thought my expert trader thou .
Dan Lok, big fan of you. You have changed my life, my decisions and my personality. Thank you 🙏
I am in a B2C model right now and i am adding services that B2B will be using soon, has anyone done this switch over and did going over more to the B2B have butter or longer customers or was the transition over to B2B better?
Nice video sir Thank you👍👌.......
Both! Just have to find a model which works best for you
How To Invest And What To Invest Money?
You could invest in forex trade sir with as low as $100 and make $450 weekly with an expert trader
There's really no such thing better than a passive income .
You could buzz my expert trader sir Nathan on what sapp if interested
_ +13028467076__
@@vo4zw-vo4zw investing in Forex is actually a good thing . I do it too .
Hi Daaann
Dan, thanks for always sharing your expertise knowledge with us. I learn a lot from you.
B2C - hard mode
B2B - ultra hard mode
B2B as a foreign expat in Japan 🇯🇵 when everything is in 日本語 - God mode 🥵
before I watch the viedeo I guess Buissnes too Buissnes because buissnes can pay more and they have problems we can solve better. If its just a normal customer there are money challenges and sometimes dont know how to valiue the produkt. But very well lets see how the viedeo goes
Dan, can u say that Nikola Tesla 3,6,&9 manifestation is true.?can u make a video on it which all millionaire use.
I'm in B2b and I love it.
im looking at getting into it too, any chance i could ask some questions?
How to market research for a business
Hi Suman, check this video out where Dan talks about "How To Choose Your Niche & Target Market." th-cam.com/video/SsoepKQzkuk/w-d-xo.html
Thanks
It all depends on what you are selling, it could be more profitable to cut out a business you could sell to, & go straight to the consumer. But it can also be more profitable to sell to a business. Depends on what you are selling
Keep going forward is the only option to find success.
Run without break to get success. Success is your responsibility. Success is your favorite destination. Success is your image.
We are a Customer,
So, We know what a Customer wants?
Therefore, B2C would be easier for us to understand and manage.
czemu kupujesz suby mordo ?
why do u buy subs man ?
Transaction size matters, ho to get there?
B2C for most for sure. Most people don’t have any experience as high level executive.
B2c
🚶
Please Help!
Where do you guys get to know about these models. B2B B2C. Is there a course you take to know of these like MBA? please let me know, i want to get a structure for my knowledge acquisition. I don't want to be learning things by chance. Please help!
Dan, what's the difference between doing business with gouvernent vs real corporate.
Great fun of your ideas !! Thank you for all your video !!
The 100 videos challenge has bin accepted.
Thanks so much for the awesome video Dan 🔥 This will definitely help me Grow my Business and Become Wealthy!! Keep it up! 💯💯🙌
what is easier to start and scale? product business or service business
I would recommend you go into Forex
Vwry intresting and motivational video
I think B2C is more feasible for someone starting out. If you don't have a lot of exposure to working with other businesses it can be daunting to jump into that first. Once you work with the consumer and have tested your product on the market then you could properly work with a business because you know what your target market likes.
Could anyone help me ,which b2b market place for raw materials and plastic?
Thats the man.Mr.Danlok; every video you upload is educational. Keep it up..Bonus to you.
Hey Dan, I am 19 and I am wondering if I should first gain some experience by working for someone or if I should buy business from the first place without having any experience. I read Dan Pena's book and it taught me invaluable lessons but I wonder if lawyers, bankers or accountants will work along with a college dropout kid from the first place!!!
Check out Dan's advise to your people here - th-cam.com/video/bkCwhJhCzvU/w-d-xo.html
Only if you have the capital, yes!!!!
Nice
Which is better ? Less high margin sales or more low margin sales.
Hi Sir Dan! I'm into B2B and how can I ask the client's background and documents?
What is b2c
Business to consumer
Dan your outfit is great I am student if possible make video on what skills is required to student to start business
halo Shifu, from Indonesia here 😊
thanks for the videos that you posted, hopefully you could help me thorough the question i brought today.
HOW TO AGAINST BRAND THAT ALREAD EXISTS VERY STRONG IN MARKET??
because everytime I offer my product in B2B model. they always reply "MY CUSTOMER IS ALREADY USED TO PREVIOUS PRORUCT, I DONT THINK THEY WANT TO CHANGE"
( NOTE : MY PRODUCT IS HAVING THE SAME QUALITY AND SPECIFICSTION WITH THE COMPETITOR PRODUCT, THE PRICE IS LOWER AND ACTUALLY WILL GAIN THEM MORE PROFT ) the only problem is about the brnd that justs exists.
thanksn🙏🙏
A big heartfelt thank you for providing such a high end quality content from your side. May you achieve everything you desire.
Need some insight into how b2b and b2c demand will change post covid for businesses. Any points to be mindful of?
Hi Dan Lok. I've been watching your videos for some time now and i learnt a lot of things. Im working for a Seeds company, mainly selling vegetable seeds, microgreen seed, herb seeds, flowers etc, and we are now moving to B2B. But im stuck here, i am not sure how does the b2b works. Do you have any videos of b2b information? I would love to venture into B2B and learn new things.
Hi Dan. How you think we can improve the tourism industry with this Covid-19 global issue? It has already devastated the industry and what you suggest as the most powerful comeback method to face this?
what's the best way to find your niche? there are so many things to consider. I understand that I can't sell to everyone
Success seeker will achieve success one day.
Success seeker can change all old beliefs about creating success.
Success is the property of success seekers.
Is the psychology between b2c and b2b different?
All model is good as long as it's produce money 💰
Do we need sherlock howkes mind to do effictive business in todays world.??
First :)
Sir, While watching most of your vedios one question come through my mind... Is working in a network marketing an entrepreneurship mindset?
The story behind this question is because many of my friends are involving in network marketing of diffrent kinds in which some involve only money while some involve products and money...
Thanks Dan Lok, this was good help for understanding 2 types business and consumer.
7
Those who are running businesses also is consumers. Your B2C target all the people. But ordinary people don't want a business product
True success will come from unknown and unexpected sources.
So don't afraid from unknown because unknown possibilities are limitless.
Keep going........... success
Abey ye motivation votivation kuch nahi hota....jab Tak internal motivation nahi hoga tab Tak...kuch na hoga
what could be the best models in virtual business?
Hey dan lok hi
HEI, where is the subtitle????
Very informative video. 👍🏻
I beg to differ. I find B2B easier. Its more logical based throughout the call. B2c has a lot of small talk and emotions and this is perfect if your good at connecting to people one on one.
Real estate salespeople make really big amount of money. They even make more than lawyers & Doctors. But they are into B to C business model.
If you remember, in your last video you said Financial service business which includes brokerage businesses is the number 1 Way to riches. This business follows B to C business model.
I personally believe B to C business model can help one become financially free in short time. It’s like this- Sales trainer is in B to B business model who will take long time to be rich & will put in so much of efforts whereas Real Estate Salesperson is in B to C business model who makes more money and takes less time to achieve financial Goal. There are many other things to consider before getting into B to B business model, like specialized knowledge, type of marketing required, market size, etc etc.
I keep learning from you, thank you!
They don't always pay you on time. That one got me
Hi Dan, great video (as always). I have a question, How to ask someone, to be my mentor?
maybe this will help - th-cam.com/video/NvJ2mT6pr0g/w-d-xo.html
*B2B or B2C either one will make you money.* 😉
That depends? Depends on what?...
Please Make A VIDEO on B to B to C model
Dan, I would like to know if you plan to release a course on How to be an entrepreneur. Thanks
We have a lot of resources for entrepreneurs at www.DanLokShop.com
Depends upon your skill and where your aptitude is. No sense getting into something you do not like or are not good at.
Well explained. Cheers!
I am studying to be a CA (equivalent to CPA). Should I start my practice as a consultant to retailers/small businesses/employees or should I sell my services to corporates ? I would love to know your opinion on this.
There are so many factors to consider. What is your goal? How impact do you want to make and on who?
@@ameliajohnston-htcgraduate5954 I want to setup a scalable professional business with preferably all types of clients
@@jensenjjacob watch this and let me know if it give you any ideas - th-cam.com/video/WhvmgBLWFIs/w-d-xo.html
One advice that you would give to 15 years old guy, who is going to become an entrepreneur.
.
Everything depends on who is in your team - the skills and passion they bring
Number plz
Super
Is this B2C applicable here in the Philippines sir?
Grate job dan lok keep it up❤️
Sir pls make video on how to scale in hospitals business 🙏🙏🙏🙏🙏
As a beginner, which model should I follow for my copywriting service, b2b or b2c, which one is more lucrative
Hi thanks for the video
You are the best
love from India ❤️ sifu
helpful video Mr Dan Lok for me
Good video!
Thanks for posting
Am fatuma from uganda ,am proud of ur advise but am also have a problem ...If have my 10 million which business can make so that I stand like other rich people
LIKE FOR MUCH SUCCESS IN 2020 !!! Rip Kobe
2020 is our year for amall youtuber
I was just wondering this this morning!
😀
Hello to y'all futur sucessful people❤
Thanks for these knowledge
Is purchasing existing business better than starting from scratch?