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4 Cards in this Set

  • Front
  • Back
how is the Business buyer behavior?
The environment (Marketing stimuli: Product, place, price, promotion. Other stimuli: Economic, technological, political, cultural, and competitive)

---> the buying organization (Participants: users, influencer, deciders, buyer, gatekeepers

---> buyer response (Buyer response: Product or service choice, supplier choice, order quantities, delivery terms and
times, service terms, payment
Some of the differences between B2C and B2B)
what are he 9 Stages of buying process:
problem recognition ->
general need description ->
product specification ->
supplier search ->
proposal solicitation ->
supplier selection ->
order-routine specifications ->
performance review
What 4 factors are included in the Buying decision process:
Environmental - economic development, competitive development, supply conditions

Organizational - objectives, policies, procedures, organizational structures, systems

Interpersonal - authority, status, empathy, persuasiveness

Individual - age, income, education, job position, personality, risk attitudes
What are the 6 Buyer responses???????
1. Targeted markets
2. Drive of purchase
3. Size of purchase
4. Relationship between buyer and seller
5. Brand Identity creation
6. Derived demand