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Abid Hasan Rahat
Abid Hasan Rahat
• Relationship driven
• Maximize the value of the relationship
• Small, focused target market
• Multi-step buying process, longer sales cycle
• Brand identity created on personal relationship
• Educational and awareness building activities
• Rational buying decision based on business value
Abid Hasan Rahat
Abid Hasan Rahat
Personal Relationships Are More Important In
B2B Markets
• An important distinguishing feature of
business-to-business markets is the
importance of the personal relationship. The
importance of personal relationships is
particularly pronounced in emerging markets
such as China and Russia,
Abid Hasan Rahat
Business Transaction
• Business-to-business (B2B) describes
commerce transactions between businesses,
such as between a manufacturer and a
wholesaler, or between a wholesaler and a
retailer. B2B (Business to Business) Branding is
a term used in marketing.
Abid Hasan Rahat
Supply Chain of B2B Business
• A typical supply chain involves multiple business
to business transactions, as companies purchase
components and other raw materials for use in its
manufacturing processes. The finished product
can then be sold to individuals via business to
consumer transactions.Abid Hasan Rahat
Abid Hasan Rahat
Some transaction that's driving growth in B2B Marketing
• Technology is changing at an unprecedented pace,
and these changes are speeding up the pace of new
product and service development. A large part of
that has to do with the Internet.
• the business strategy is also helpful in technology
development.
• For example, at present social network (facebook,
linkedin, twitte) b2b are heavily growing. If your
company makessoftware and you want to show it to
the Microsoft then you can easily do this by internet,
social network.
Abid Hasan Rahat
B2B transaction through the internet
• Businesses to business or electronic commerce (e-
commerce) transaction through the internet are
gaining increasing in the Asia pacific region. One of the
key drivers of e-commerce is the penetration of
internet usage. All the Asia pacific region countries are
registering a rapid growth of internet usage,
Country Internet Users Percentage
Bangladesh 0.45 million 0.3%
Pakistan 12 million
Sri Lanka 0.35 million
India 42 million 3.7%
Abid Hasan Rahat
Abid Hasan Rahat
Abid Hasan Rahat
B2B impact on Asia pacific region
• B2B market is to help other business. There is less
relation with customer. That’s why you have to give all
the facilities that other business need. So you should
know that what actually a buyer or other business
need. As they have to fulfill the promises that they
given to their customers, so they need speed delivery,
good quality and low price.
Abid Hasan Rahat
Abid Hasan Rahat
Product (or Service)
Abid Hasan Rahat
For example, Chanel fashion house cannot lunch
those women dresses in Bangladesh such dresses
they lunched in America. Because Bangladeshi
people are more conservatives and they don’t
ware open dresses.
Abid Hasan Rahat
Pricing
• The business market can be convinced to pay premium
prices more often than the consumer market if you
know how to structure your pricing and payment terms
well. This price premium is particularly achievable if
you support it with a strong brand.
• For example, Tata Motors, maker of the world's
cheapest car, is turning to China to buy auto-parts
unavailable in India. Because, china offering them auto-
parts in very cheapest rate. Chairman Ratan Tata said,
The maker of trucks, sedans and
utility vehicles may benefit from
"unbelievable" prices at Chinese
component makersAbid Hasan Rahat
Place (Sales and Distribution)
• The importance of a knowledgeable,
experienced and effective direct sales force is
often critical in the business market. If you
sell through distribution channels also, the
number and type of sales forces can vary
tremendously and your success as a marketer
is highly dependent on their success.
Abid Hasan Rahat
Figure 1 – B2B distribution for consumer product
Figure 1 – B2B distribution for industrial product
AbidHasanRahat
Promotion
• Promotion planning is relatively
easy when you know the media,
information seeking and decision
making habits of your customer
base, not to mention the
vocabulary unique to their
segment. Specific trade shows,
analysts, publications, blogs and
retail/wholesale outlets tend to
be fairly common to each
industry/product area.
Abid Hasan Rahat
B2B marketing tools to promote business
Abid Hasan Rahat
B 2 B market segmentation for Asia pacific
region:
• Segmentation variables represent the criteria
which influence the behavior of buying
companies in some way, and are also in the frame
of their behavior significantly different. According
to (Lošťáková 2005) these criteria can be split into
so called firmographic variables such as end use
segment or customers´ company size, situational
variables such as preferred benefits and
production variables such as customers´ sales
volume or competitive position of customer.
Abid Hasan Rahat
Abid Hasan Rahat
• A price-focused segment: Companies in this segment
are often small, working to low margins and regard the
product/service in question as of low strategic
importance to their business.
• A quality and brand-focused segment: which wants the
best possible product and is prepared to pay for it
• A service-focused segment: which has high
requirements in terms of product quality and range, but
also in terms of after sales, delivery, etc.
• A partnership-focused segment: usually consisting of
key accounts, which seeks trust and reliability and
regards the supplier as a strategic partner
Abid Hasan Rahat
Target market Segmentation of B2B
• Geographic Target Market Segmentation — for instance, a target
audience that does business in a particular language, city,
state/province, or country
• Firmographic Target Marketing Segmentation — a company’s
number of employees, industry or income bracket can define a
target audience
• Psychographic Target Market Segmentation — this kind of target
market segmentation is especially useful for repeat clients, who
may be drawn to anything from the price range, quality levels or the
delivery terms
• Need-Driven Target Market Segmentation - this can be the most
difficult target audience to assess, but also one of the most fruitful.
Ask, what is the motive behind a purchasing decision? What factors
play into a company’s decision-making?Z
Abid Hasan Rahat
Abid Hasan Rahat

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B2B Marketing in Asia Pacific Region

  • 3. • Relationship driven • Maximize the value of the relationship • Small, focused target market • Multi-step buying process, longer sales cycle • Brand identity created on personal relationship • Educational and awareness building activities • Rational buying decision based on business value Abid Hasan Rahat
  • 5. Personal Relationships Are More Important In B2B Markets • An important distinguishing feature of business-to-business markets is the importance of the personal relationship. The importance of personal relationships is particularly pronounced in emerging markets such as China and Russia, Abid Hasan Rahat
  • 6. Business Transaction • Business-to-business (B2B) describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer. B2B (Business to Business) Branding is a term used in marketing. Abid Hasan Rahat
  • 7. Supply Chain of B2B Business • A typical supply chain involves multiple business to business transactions, as companies purchase components and other raw materials for use in its manufacturing processes. The finished product can then be sold to individuals via business to consumer transactions.Abid Hasan Rahat
  • 9. Some transaction that's driving growth in B2B Marketing • Technology is changing at an unprecedented pace, and these changes are speeding up the pace of new product and service development. A large part of that has to do with the Internet. • the business strategy is also helpful in technology development. • For example, at present social network (facebook, linkedin, twitte) b2b are heavily growing. If your company makessoftware and you want to show it to the Microsoft then you can easily do this by internet, social network. Abid Hasan Rahat
  • 10. B2B transaction through the internet • Businesses to business or electronic commerce (e- commerce) transaction through the internet are gaining increasing in the Asia pacific region. One of the key drivers of e-commerce is the penetration of internet usage. All the Asia pacific region countries are registering a rapid growth of internet usage, Country Internet Users Percentage Bangladesh 0.45 million 0.3% Pakistan 12 million Sri Lanka 0.35 million India 42 million 3.7% Abid Hasan Rahat
  • 13. B2B impact on Asia pacific region • B2B market is to help other business. There is less relation with customer. That’s why you have to give all the facilities that other business need. So you should know that what actually a buyer or other business need. As they have to fulfill the promises that they given to their customers, so they need speed delivery, good quality and low price. Abid Hasan Rahat
  • 16. For example, Chanel fashion house cannot lunch those women dresses in Bangladesh such dresses they lunched in America. Because Bangladeshi people are more conservatives and they don’t ware open dresses. Abid Hasan Rahat
  • 17. Pricing • The business market can be convinced to pay premium prices more often than the consumer market if you know how to structure your pricing and payment terms well. This price premium is particularly achievable if you support it with a strong brand. • For example, Tata Motors, maker of the world's cheapest car, is turning to China to buy auto-parts unavailable in India. Because, china offering them auto- parts in very cheapest rate. Chairman Ratan Tata said, The maker of trucks, sedans and utility vehicles may benefit from "unbelievable" prices at Chinese component makersAbid Hasan Rahat
  • 18. Place (Sales and Distribution) • The importance of a knowledgeable, experienced and effective direct sales force is often critical in the business market. If you sell through distribution channels also, the number and type of sales forces can vary tremendously and your success as a marketer is highly dependent on their success. Abid Hasan Rahat
  • 19. Figure 1 – B2B distribution for consumer product Figure 1 – B2B distribution for industrial product AbidHasanRahat
  • 20. Promotion • Promotion planning is relatively easy when you know the media, information seeking and decision making habits of your customer base, not to mention the vocabulary unique to their segment. Specific trade shows, analysts, publications, blogs and retail/wholesale outlets tend to be fairly common to each industry/product area. Abid Hasan Rahat
  • 21. B2B marketing tools to promote business Abid Hasan Rahat
  • 22. B 2 B market segmentation for Asia pacific region: • Segmentation variables represent the criteria which influence the behavior of buying companies in some way, and are also in the frame of their behavior significantly different. According to (Lošťáková 2005) these criteria can be split into so called firmographic variables such as end use segment or customers´ company size, situational variables such as preferred benefits and production variables such as customers´ sales volume or competitive position of customer. Abid Hasan Rahat
  • 24. • A price-focused segment: Companies in this segment are often small, working to low margins and regard the product/service in question as of low strategic importance to their business. • A quality and brand-focused segment: which wants the best possible product and is prepared to pay for it • A service-focused segment: which has high requirements in terms of product quality and range, but also in terms of after sales, delivery, etc. • A partnership-focused segment: usually consisting of key accounts, which seeks trust and reliability and regards the supplier as a strategic partner Abid Hasan Rahat
  • 25. Target market Segmentation of B2B • Geographic Target Market Segmentation — for instance, a target audience that does business in a particular language, city, state/province, or country • Firmographic Target Marketing Segmentation — a company’s number of employees, industry or income bracket can define a target audience • Psychographic Target Market Segmentation — this kind of target market segmentation is especially useful for repeat clients, who may be drawn to anything from the price range, quality levels or the delivery terms • Need-Driven Target Market Segmentation - this can be the most difficult target audience to assess, but also one of the most fruitful. Ask, what is the motive behind a purchasing decision? What factors play into a company’s decision-making?Z Abid Hasan Rahat