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significantly fewer customers in the business market than in the consumer market. These customers also buy in significantly larger quantities

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What is the difference between a business market and a consumer market?

Consider a product that has both a consumer and business market. For example -- personal computers. Can a firm market its products to both the business and consumer markets with one strategy?


What is the difference between a consumer market and organizational market?

A consumer market targets individuals with products. For example, if you purchase shoes from Nike you are part of Nike's consumer market. An organizational market is related to businesses, organizations, or government bodies. For example, Gerber Knives sells multi-tools to the US Army. Therefore the US Army is an organizational market. In business these two terms are often referred to as b2c and b2b. (business to consumer, and business to business)


What is the difference between organizational market and consumer market?

A consumer market targets individuals with products. For example, if you purchase shoes from Nike you are part of Nike's consumer market. An organizational market is related to businesses, organizations, or government bodies. For example, Gerber Knives sells multi-tools to the US Army. Therefore the US Army is an organizational market. In business these two terms are often referred to as b2c and b2b. (business to consumer, and business to business)


Explain the difference between primary and secondary market research data give an example of each and explain how each helps define a business customer?

difference between primary and secondary market


What is B2C and B2B?

B2C (business-to-consumer) is the term used to categorize companies focused on providing prodcuts to consumers. For example: toy companies, a cookbook app for your iPhone. B2B's (business-to-business), are companies who look to sell to other companies. Big shipping companies and business solutions software firms for example.

Related Questions

What is the difference between a business market and a consumer market?

Consider a product that has both a consumer and business market. For example -- personal computers. Can a firm market its products to both the business and consumer markets with one strategy?


What is the difference between consumer market and the business market?

Consider a product that has both a consumer and business market. For example -- personal computers. Can a firm market its products to both the business and consumer markets with one strategy?


What are some examples of contracts between a consumer and a business?

a cokadilla is an example of a contract


What is the difference between a consumer market and organizational market?

A consumer market targets individuals with products. For example, if you purchase shoes from Nike you are part of Nike's consumer market. An organizational market is related to businesses, organizations, or government bodies. For example, Gerber Knives sells multi-tools to the US Army. Therefore the US Army is an organizational market. In business these two terms are often referred to as b2c and b2b. (business to consumer, and business to business)


What is the difference between organizational market and consumer market?

A consumer market targets individuals with products. For example, if you purchase shoes from Nike you are part of Nike's consumer market. An organizational market is related to businesses, organizations, or government bodies. For example, Gerber Knives sells multi-tools to the US Army. Therefore the US Army is an organizational market. In business these two terms are often referred to as b2c and b2b. (business to consumer, and business to business)


What are the key similarities between consumer buying behaviour and business buying behaviour?

There are many key similarities between consumer buying behavior and business buying behavior. For example, both businesses and consumers buy goods that are essential to quality of life.


What is the B2b b2c c2c in e commerce?

B2B is business to business- for example, coca cola selling their products to Target. B2C is business to consumers-for example, Target to us C2C is consumer to consumer-for example in amazon or ebay,where you sell your soccer jersey to another consumer.


What are 4 types of e commerce business?

here are 4 main types of e-commerce businesses: 1️⃣ B2C (Business to Consumer) When businesses sell directly to individual customers. Example: Amazon, Flipkart 2️⃣ B2B (Business to Business) When businesses sell products or services to other businesses. Example: Pepagora, Alibaba 3️⃣ C2C (Consumer to Consumer) When people sell to other people through a platform. Example: OLX, eBay 4️⃣ C2B (Consumer to Business) When individuals sell products or offer services to companies. Example: Freelancers on Upwork or photographers selling stock photos.


What is an example of a consumer when talking about business?

A shopper because they buy goods. A consumer is a person who buys goods or services.


What is the difference between a consumer and a producer substitute economics?

A consumer substitute refers to two goods that are alternative choices for a consumer for example Coke and Pepsi. A producer substitute refer to products that are alternative choices for producers and could have been produced using the same resources for example wheat and barley.


What are the types of e-commerce?

There are 6 main types of e-commerce: 1️⃣ B2C (Business to Consumer) – When businesses sell products or services directly to individual customers. Example: Amazon, Flipkart 2️⃣ B2B (Business to Business) – When businesses sell to other businesses. Example: Pepagora, Alibaba 3️⃣ C2C (Consumer to Consumer) – When individuals sell to other individuals through a platform. Example: OLX, eBay 4️⃣ C2B (Consumer to Business) – When individuals sell products or services to companies. Example: Freelancers on Fiverr, stock photo sites 5️⃣ B2G (Business to Government) – When businesses provide goods or services to governments or public administrations. Example: Government procurement portals 6️⃣ G2C (Government to Consumer) – When governments provide services or information directly to citizens online. Example: Online tax filing portals


Explain the difference between primary and secondary market research data give an example of each and explain how each helps define a business customer?

difference between primary and secondary market