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A Business Marketing Perspective

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Presentation on theme: "A Business Marketing Perspective"— Presentation transcript:

1 A Business Marketing Perspective
Chapter 1

2 What are Business Markets?
“Markets for products and services, local to international, bought by businesses, government bodies, and institutions for incorporation, for consumption, for use, or for resale.”

3 Business Marketing Management
B2B vs. B2C Do firms have to be one or the other? Which is larger? What’s the difference? Business Consumers Commercial enterprises Institutions Government

4 Business Markets v. Consumer Markets
Market-driven firms Characteristics Place customers’ needs first Know the environment Coordinated use of inter-functional resources Capabilities Market-sensing capabilities Customer-linking capability

5 What Do Business Marketing Managers Do?
Partner for Increased Value Create a Value Proposition How? What is a value proposition? Customer solutions

6 MKT v. “Those Other Guys”
Finance Accounting Logistics Customer service R&D Procurement Manufacturing

7 Characteristics of B2B Derived Demand Fluctuating Demand
Stimulating Demand Price Sensitivity Global Marketing Perspective

8 B2B v. B2C MKT MIX B2B B2C Promotions Product Price Place

9 Relationship Marketing
What is it?

10 The Supply Chain “A technique for linking a manufacturer’s operations with those of its suppliers, intermediaries, and customers to increase effectiveness and efficiency.” Shifts in SCM Cespedes’ “concurrent marketing”

11 Commercial Enterprises
Types Users Original Equipment Manufacturers (OEMs) Dealers & Distributors Understand buying intentions

12 Classifying Goods for the Business Market
Entering Goods Raw materials Manufactured materials and parts Foundation Goods Installations Accessory goods Facilitating Goods Supplies Services Maintenance and repair support Advisory support

13


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