How might you apply consumer market to business-to-business settings?

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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How might you apply consumer market to business-to-business settings?

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Step 1

On the digital marketing platform, there are different types of businesses, including business-to-consumer and business-to-business. Marketers need to consider the differences between the two categories of businesses in order to maximize the cost-effective marketing strategy for a business.

Step 2

B2B businesses sell products and services directly to other businesses and are widespread in all markets. It depends on the same major consumer marketing issues, but they are carried out in a particular way. Business to consumer businesses transfers products and services to users for personal use. B2C marketing performs in accordance with the fact that users are focusing on products to satisfy an urgent requirement. Although not a complete buyer, the B2C strategy can influence consumers who focus more on their product. However, in B2B marketing, we need to request a specific person or small person in the business. These are the decision-makers.

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