5-1 Marketing to organizations? Expect: Fewer buyers Larger buyers Geographically concentrated buyers Closer relationships with customers But remember.

Slides:



Advertisements
Similar presentations
ANALYZING BUSINESS MARKETS AND BUSINESS BUYING BEHAVIORS
Advertisements

Kotler / Armstrong, Chapter 6
Chapter 6 Business Markets and Business Buyer Behavior
Copyright 2004 © Pearson Education Canada Inc. 8-1 Chapter 8 Analyzing Business Markets and Business Buying Behaviour.
What is Industrial sales? B2 B Marketing Institutional sales Government.
Analyzing Business Markets
Kotler / Armstrong 11e, Chapter 6 Business buyer behavior includes retailers and wholesalers who buy things with the purpose of making a profit. 1.True.
Business Markets and Business Buying Behavior
Chapter 7 Analyzing Consumer Markets and Buyer Behavior by
Chapter 8 Analyzing Business Markets and Business Buying Behavior by
Learning Goals Define the business market and how it differs from consumer markets Identify the major factors that influence business buyer behavior List.
Principles of Marketing
A Framework for Marketing Management
7 Analyzing Business Markets 1. Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 7-2 What is Organizational Buying? Organizational.
Kotler Keller PhillipKevin Lane Marketing Management 14e.
Principles of Marketing BA 390 Fall 2006 Dr. McAlexander.
Chapter 6- slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter Six Business Markets and Business Buying Behavior.
Business Markets and Business Buyer Behavior Chapter 7.
Copyright © 2003 Prentice-Hall, Inc. 8-1 Chapter 8 Analyzing Business Markets and Business Buying Behavior by PowerPoint by Milton M. Pressley University.
 Business Market: All organizations that buy goods and services for use in production of other products and services that are sold rented or supplied.
Business-to-Business Markets Definition Business Buyer Behavior:  The buying behavior of organizations that buy goods and services for use in.
©2003 Prentice Hall, Inc.To accompany A Framework for Marketing Management, 2 nd Edition Slide 0 in Chapter 7 Chapter 7 Analyzing Business Markets and.
Applied Marketing Strategies
Principles of Marketing FIFTH EUROPEAN EDITION Kotler, Armstrong, Wong, Saunders Business-to-business marketing six CHAPTER.
Analyzing Business Markets
7 Analyzing Business Markets
Analyzing Business Markets
Chapter 6- slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter Six Business Markets and Business Buying Behavior.
2-1 Chapter Overview Business Markets/ Customers Types of Business Markets Business Buying Centers Factors to choose Business Buying Centers Business Sales.
A FRAMEWORK for MARKETING MANAGEMENT
Based on Kotler Business Markets and Business Buyer Behavior Principles of Marketing.
Analyzing Business Markets Chapter 6 Phillip Kotler & Kevin Lane Keller Prepared for: Universitas Ciputra.
Consumer Behavior: Introduction Definitions/Frameworks General issues about consumer & Industrial buying behavior.
Business Markets and Business Buyer Behavior Chapter 6.
Business Markets and Business Buyer Behavior Chapter 6.
©2003 Prentice Hall, Inc.To accompany A Framework for Marketing Management, 2 nd Edition Slide 0 in Chapter 7 PowerPoint by Karen E. James Louisiana State.
Dr. S. Borna MBA 671. ObjectivesObjectives ä How Business & Consumer Markets Differ ä Organizational Buying Situations ä Participants in the Business.
Slide 0 in Chapter 7 Chapter 7 Analyzing Business Markets and Buyer Behavior.
Consumer and Business Market Dr. Ananda Sabil Hussein.
MARKETING MANAGEMENT 12 th edition 7 Analyzing Business Markets KotlerKeller.
Analyzing Business Markets Marketing Management, 13 th ed 7.
Principles of Marketing
8-1 Chapter 8 Analyzing Business Markets and Business Buying Behavior by.
Copyright © 2007 McGraw-Hill Ryerson Limited. Objectives To understand: The nature and scope of the B2B market. The components that make up the B2B market.
Chapter 7 Analyzing Business Markets & Business Buying Behavior
1 Paul Dishman, Ph.D. Brigham Young University Marriott School of Management Lecture 8 Basic Marketing Management Bus M 341 Business Markets and Business.
6-1 Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall i t ’s good and good for you Chapter Six Business Markets and Business Buying.
A Framework for Marketing Management International Edition 6 Analyzing Business Markets 1.
Chapter 6- slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter Six Business Markets and Business Buying Behavior.
Analyzing Business Markets
7-1 Organizational Buying Decision-making process by which formal organizations establish the need for purchased products and services, and identify, evaluate,
MGT301 Principles of Marketing Lecture-16. Summary of Lecture-15.
1 Chapter 6 Business Markets and Business Buyer Behavior.
Global Edition Chapter Six Business Markets and Business Buying Behavior Copyright ©2014 by Pearson Education.
MARKETING MANAGEMENT 12 th edition 7 Analyzing Business Markets KotlerKeller.
Marketing Management Business Markets and Business Buyer Behavior Paul Dishman, Ph.D. Department of Business Management Marriott School of Management Brigham.
BUSINESS MARKETS & BUSINESS BUYER BEHAVIOR
Business Markets and Business Buying Behavior
B2B Marketing.
Business Markets and Business Buying Behavior
Chapter 7 Analyzing Business Markets & Business Buying Behavior
Analyzing Business Markets
4 Business to Business Buyer Behavior Chapter Overview
7 Analyzing Business Markets
Analyzing Business Markets
What is Industrial sales?
Chapter 7 Analyzing Business Markets & Business Buying Behavior
Principles of Marketing
Analyzing Business Markets and Business Buying Behavior
Business Markets and Business Buying Behavior
Presentation transcript:

5-1 Marketing to organizations? Expect: Fewer buyers Larger buyers Geographically concentrated buyers Closer relationships with customers But remember --- those buyers are people. That’s why chapter 5 matters for all marketing organizations.

5-2 In an experiment, Reeves and Nass had a computer give self-avowed techies who claimed they had no emotional feelings about computers instructions for carrying out a task. They then had the computer ask the techies how well it had done in giving instructions. Answers were complimentary.

5-3 But then…… In a second stage of the experiment, another group of techies carried out instructions given by one computer and then were moved to second computer that asked how well the first computer had done in giving instructions. These subjects were less complimentary in describing the job the first computer had done.

5-4 Fluctuating demand Inelastic demand Leasing Professional purchasing Direct purchasing Multiple buying influences Multiple sales calls Derived demand Reciprocity Good terms to understand:

5-5 Think about multi-person buying centers, and the motives that dominate for each Initiators Users Influencers Deciders What motivates each of these folks? Approvers Buyers Gatekeepers What motivates each of these folks?

5-6 Solution Selling: Useful for your proposal Solutions to enhance customer revenues Solutions to decrease customer risks Solutions to reduce customer costs These are benefits. Make sure the client knows not only which you plan to provide, but how

5-7 Stages in the buying process prompt the usual question: Where should your company allocate resources? Problem recognition General need description Product specification Supplier search Proposal solicitation Supplier selection Order-routine specification Performance review