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)
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)
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?
In a consumer market the consumer uses the product for personal use but in an industrial market the industry uses the products as supplys or/ and to do operations
significantly fewer customers in the business market than in the consumer market. These customers also buy in significantly larger quantities
Marketing is everythig you do to create demand and sales, one of which is sales promotion.
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)
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?
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?
In a consumer market the consumer uses the product for personal use but in an industrial market the industry uses the products as supplys or/ and to do operations
I think There is a little difference between consumer marketing and bussiness marketing. Which is mainly depend on their purpose of business and the business size. Business marketing is essential for growing up their product where consumer marketing is quite different which is realated their daily needs.
significantly fewer customers in the business market than in the consumer market. These customers also buy in significantly larger quantities
To determine the total consumer surplus in a market, you can calculate the difference between what consumers are willing to pay for a product and what they actually pay. This can be done by finding the area under the demand curve and above the market price. The total consumer surplus is the sum of the individual consumer surpluses across all consumers in the market.
Consumer surplus is the difference between the maximum amount a person is willing to pay for a good and its current market price. Producer surplus is the difference between the current market price and the full cost of production for the firm.
Consumer surplus in a market can be determined by calculating the difference between what consumers are willing to pay for a good or service and what they actually pay. This can be done by finding the area under the demand curve and above the market price. The larger the consumer surplus, the more value consumers receive from the transaction.
what is the difference between local market and national market
Marketing is everythig you do to create demand and sales, one of which is sales promotion.
Consumer surplus exists in the market because consumers are willing to pay more for a product than the actual price they pay. This difference between what consumers are willing to pay and what they actually pay creates a surplus value for consumers.