Business To Business Marketing
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Written by: ebooksmoney
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Word Count: 391 |
Date: Fri, 11 Dec 2009 |
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Referring to consumer marketing, retailers make the access to services and products easy for the consumers. Negotiations on the other hand define the transactions specific to business to business marketing.
In terms of similarities, business to consumer marketing and business to business marketing rely on identical mechanisms that correspond to the guidelines of traditional marketing. Yet, beyond surface similarities, things are a lot more complex than one may suspect. Here is what brings B2B and B2C marketing close together.
-They address a target market and try to match the service or product to the corresponding needs.
-Businesses have to advertise no matter of who they sell their products to.
-The value of the products/services that they promote has to be clear to the targeted market.
-The strength and the prices of the product/service must meet the general market tendencies.
The status of the seller is usually easy to define in business to business marketing, although we can't say the same thing about the buyer. It is false to describe this 'other' market sector by the same general concept of 'businesses' because they too fall into separate categories and thus require different marketing approaches. There are companies that consume services and products, resellers, government agencies and institutions.
The consumers in the business categories are those that need equipment for their operational processes. Then, business to business marketing with institutions involves working with schools, churches, charity organizations, hospitals or nursing homes. The largest sector in business to business marketing refers to the transactions between private companies and government agencies. And finally, resellers, wholesalers and distributors make one other consumer category for business to business marketing.
Larger sums of money enter the circuit with business to business marketing because the partners involved in the transactions are companies. Other differences result from the promotional means, the volume of the merchandise and the pricing structure. Therefore, although there are some common grounds for B2B marketing and B2C marketing, each approach has its specificity and separate operational mode.
About the Author
Tomson Law is the owner of http://www.ebooksmoney.com and working full-time in internet marketing. He provides SEO consultant service for companies as well as website design and promotion in Taiwan, Hong Kong and China.
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