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Kotler mm 13e_basic_07
1.
Analyzing Business Markets Marketing Management,
13th ed 7
2.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-2 Chapter Questions • What is the business market, and how does it differ from the consumer market? • What buying situations do organizational buyers face? • Who participates in the business-to- business buying process?
3.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-3 Chapter Questions • How do business buyers make their decisions? • How can companies build strong relationships with business customers? • How do institutional buyers and government agencies do their buying?
4.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-4 What is Organizational Buying? Organizational buying refers to the decision-making process by which formal organizations establish the need for purchased products and services, and identify, evaluate, and choose among alternative brands and suppliers.
5.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-5 Top Business Marketing Challenges • Expand understanding of customer needs • Compete globally as China and India reshape markets • Master analytical tools and improve quantitative skills • Reinstate innovation as an engine of growth • Create new organizational models and linkages
6.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-6 Characteristics of Business Markets • Fewer, larger buyers • Close supplier- customer relationships • Professional purchasing • Many buying influences • Multiple sales calls • Derived demand • Inelastic demand • Fluctuating demand • Geographically concentrated buyers • Direct purchasing
7.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-7 Buying Situation • Straight rebuy • Modified rebuy • New task
8.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-8 The Buying Center • Initiators • Users • Influencers • Deciders • Approvers • Buyers • Gatekeepers
9.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-9 Of Concern to Business Marketers • Who are the major decision participants? • What decisions do they influence? • What is their level of influence? • What evaluation criteria do they use?
10.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-10 Stages in the Buying Process: Buyphases • Problem recognition • General need description • Product specification • Supplier search • Proposal solicitation • Supplier selection • Order-routine specification • Performance review
11.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-11 Forms of Electronic Marketplaces • Catalog sites • Vertical markets • Pure play auction sites • Spot markets • Private exchanges • Barter markets • Buying alliances
12.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-12 Methods of e-Procurement • Websites organized using vertical hubs • Websites organized using functional hubs • Direct extranet links to major suppliers • Buying alliances • Company buying sites
13.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-13 Handling Price-Oriented Customers • Limit quantity purchased • Allow no refunds • Make no adjustments • Provide no services
14.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-14 Methods for Researching Customer Value • Internal engineering assessment • Field value-in-use assessment • Focus-group value assessment • Direct survey questions • Conjoint analysis • Benchmarks • Compositional approach • Importance ratings
15.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-15 Order Routine Specification • Stockless purchase plans • Vendor-managed inventory • Continuous replenishment
16.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-16 Establishing Corporate Trust and Credibility • Expertise • Trustworthiness • Likability
17.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-17 Trust Dimensions • Transparent • Product/Service Quality • Incentive • Partnering • Cooperating design • Product comparison • Supply chain • Pervasive advocacy
18.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-18 Factors Affecting Buyer-Supplier Relationships • Availability of alternatives • Importance of supply • Complexity of supply • Supply market dynamism
19.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-19 Categories of Buyer-Seller Relationships • Basic buying and selling • Bare bones • Contractual transaction • Customer supply • Cooperative systems • Collaborative • Mutually adaptive • Customer is king
20.
Copyright © 2009
Pearson Education, Inc. Publishing as Prentice Hall 7-20 What is Opportunism? Opportunism is some form of cheating or undersupply relative to an implicit or explicit contract.
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