Monday, September 29, 2008

Marketing for B2B vs. B2C -Same Customer but different Approach to reach

Difference between B2B ( Business to Business) Vs B2C Marketing ( Business to Consumer) Marketing can be understood by putting yourself at two different situation.
" U purchase for yourself is different from U purchase for your business ( own business or you work for other)"

Differences between B2B marketing and B2C marketing:

B2B
  • Relationship driven
  • Maximize the value of the relationship
  • Small, focused target market
  • Multi-step buying process,longer sales cycle
  • Brand identity thru personal relationship
  • Educational and awareness building activities
  • Rational buying decision based on Business Value
B2C
  • Product driven
  • Maximize the value of the transaction
  • Large target market
  • Single step buying process, shorter sales cycle
  • Brand identity through repetition and imagery
  • Merchandising and point of purchase activities
  • Emotional buying decision based on status, price,desire

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