6.5. Trends and Further Research on Branding as a Means of Maintaining Business Relationships
Based on the case study, we suggest trends for maintaining business relationships in the future. These trends are related to online communication, social media, and sustainability. For Verso Globe, the next step is to introduce social media into its communication and sales efforts. Social media enables companies to keep in contact with their customers, and if designed well, may aid in acquiring new customers. Only a small number of B2B companies utilize social media, which means that early adopters can attain an advantage. Personal relationships on the B2B market are traditionally one of the most popular ways to maintain relationships, but as the technology advances, a shift toward digital interaction may lie ahead. Another issue that we focus on relates to the increase in good stories and examples of how to use sustainability in business. Storytelling is emerging as a means within the B2B sector, as a way to communicate emotional values and company culture. Storytelling helps in creating commitment and a sense of belonging, which may help companies solve the challenges of personal business relationships.