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Organizational Buying Behavior
includes organizations that buy merchandise to manufacture other goods, resell, or to conduct the ongoing business
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Business market components
Agriculture Reseller Government Bidding process The services market “non-business” market International market
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Characteristics of the business market
Derived demand Inelastic demand Widely fluctuating demand Regional concentration Vertical vs. horizontal
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Business buying behavior – characteristics today
Outsourcing Quality and time pressure Relationship marketing or partnering relationships
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The buying decision process
Problem awareness (need recognition) Identification of alternatives Evaluation of alternatives Purchase decision Post-purchase
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Types of buying situations
New task buying Straight rebuy Modified rebuy
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Multiple buying influences
Buying center Initiator User Influencers Deciders Gatekeeper Buyers
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Buying patterns of business users
Direct purchases Infrequent purchases Order size Reciprocity arrangements Service expectations Dependability of supply Leasing as an alternative Impact of electronic commerce
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