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what is business to business marketing
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warner69
Joined: Wed Jul 28, 2010 8:01 pm Posts: 14 Location: UK
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what is business to business marketing
Hi friends, welcome to the forums.Although many people have heard the term “business-to-business marketing,” not everyone knows exactly what it is. If you are part of corporate America and still are not sure what business-to-business marketing is, it's time you learned. Put very simply, business-to-business marketing is the marketing of goods and services to businesses in order to keep those companies operating.
The most common business-to-business markets are manufacturers, resellers, the government and non-profit institutions. Most businesses that fall into these categories do make some money off of a consumer base; however, the majority of their capital is made off of other businesses. One great example of this is a non-profit institution. While private donations from individuals like you and me is important to a non-profit's operations, most charitable organizations make the great majority of their money from corporations or through government funding. Because of this, non-profits must make themselves and their products and services attractive not just to individuals, but also to other businesses.Hi
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Wed Jul 28, 2010 8:10 pm |
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krista123
Joined: Tue Jul 27, 2010 4:00 pm Posts: 14 Location: uk
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Re: what is business to business marketing
The most common business-to-business markets are manufacturers, resellers, the government and non-profit institutions. Most businesses that fall into these categories do make some money off of a consumer base; however, the majority of their capital is made off of other businesses.
One great example of this is a non-profit institution. While private donations from individuals like you and me is important to a non-profit's operations, most charitable organizations make the great majority of their money from corporations or through government funding. Because of this, non-profits must make themselves and their products and services attractive not just to individuals, but also to other businesses.
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Thu Jul 29, 2010 5:53 pm |
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clvrt
Joined: Wed Jul 28, 2010 4:31 pm Posts: 39 Location: uk
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Re: what is business to business marketing
Hi
Business Marketing is the practice of individuals, or organizations, including commercial businesses, governments and institutions, facilitating the sale of their products or services to other companies or organizations that in turn resell them, use them as components in products or services they offer, or use them to support their operations. Also known as industrial marketing, business marketing is also called business-to-business marketing, or B2B marketing
Thanks
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Thu Jul 29, 2010 6:49 pm |
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smith31
Joined: Wed Aug 04, 2010 12:55 pm Posts: 9 Location: u.k.
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Re: what is business to business marketing
Hi
The most common business-to-business markets are manufacturers, resellers, the government and non-profit institutions. Most businesses that fall into these categories do make some money off of a consumer base; however, the majority of their capital is made off of other businesses.
One great example of this is a non-profit institution. While private donations from individuals like you and me is important to a non-profit's operations, most charitable organizations make the great majority of their money from corporations or through government funding. Because of this, non-profits must make themselves and their products and services attractive not just to individuals, but also to other businesses.
Thanks
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Wed Aug 04, 2010 2:12 pm |
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haynes
Joined: Wed Aug 04, 2010 9:07 pm Posts: 20
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Re: what is business to business marketing
Hi
Business Marketing is the practice of individuals, or organizations, including commercial businesses, governments and institutions, facilitating the sale of their products or services to other companies or organizations that in turn resell them, use them as components in products or services they offer, or use them to support their operations. Also known as industrial marketing, business marketing is also called business-to-business marketing, or B2B marketing, for short. (Note that while marketing to government entities shares some of the same dynamics of organizational marketing, B2G Marketing is meaningfully different.)
Thanks
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Wed Aug 04, 2010 9:22 pm |
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jules
Joined: Thu Aug 05, 2010 11:28 am Posts: 20
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Re: what is business to business marketing
Business-to-business (B2B) describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer. Contrasting terms are business-to-consumer (B2C) and business-to-government (B2G).
The volume of B2B transactions is much higher than the volume of B2C transactions. The primary reason for this is that in a typical supply chain there will be many B2B transactions involving sub-component or raw materials, and only one B2C transaction, specifically sale of the finished product to the end customer. For example, an automobile manufacturer makes several B2B transactions such as buying tires, glass for windscreens, and rubber hoses for its vehicles. The final transaction, a finished vehicle sold to the consumer, is a single (B2C) transaction.
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Thu Aug 05, 2010 1:50 pm |
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