Intro to Marketing Assignment
Understanding Organizations As Customers
©McGraw-Hill Education. All rights reserved. Authorized only for instructor use in the classroom. No reproduction or further distribution permitted without the prior written consent of McGraw-Hill Education.
LEARNING OBJECTIVES (LO) AFTER READING CHAPTER 6, YOU SHOULD BE ABLE TO:
Distinguish among industrial, reseller, and government organizational markets.
Describe the key characteristics of organizational buying that make it different from consumer buying.
Explain how buying centers and buying situations influence organizational purchasing.
Recognize the importance and nature of online buying in industrial, reseller, and government organizational markets.
©McGraw-Hill Education.
BUSINESS-TO-BUSINESS MARKETING AND ORGANIZATIONAL BUYERS
Business-to-Business Marketing
Industrial Markets (Industrial Firms)
Reseller Markets (Resellers)
Wholesalers
Retailers
Government Markets (Government Agencies)
NASA
Courtesy of Lockheed Martin Company
©McGraw-Hill Education.
Key characteristics and dimensions of organizational buying behavior.
©McGraw-Hill Education.
ORGANIZATIONAL BUYING DEMAND CHARACTERISTICS
Size of Order or Purchase
Number of Potential Buyers
Organizational Buying Objectives
Profits
Women and Minority Suppliers and Vendors
Efficiency
Environment and Sustainability
©Karie Hamilton/Bloomberg via Getty Images
©McGraw-Hill Education.
CHARACTERISTICS OF ORGANIZATIONAL BUYING ORGANIZATIONAL BUYING CRITERIA
Organizational Buying Criteria
Price
Ability to Meet Specs
Ability to Meet Schedules
Technical Capacity
Past Performance
Warranties
Production Capacity
©McGraw-Hill Education.
ORGANIZATIONAL BUYING FUNCTION AND PROCESS AND THE BUYING CENTER
Organizational Buying Behavior
Buying Function in Organization Responsible for:
Selection and Purchase of Products
For Organization’s Use or Resale
Formal Bids
Purchasing Contract Awards
©McGraw-Hill Education.
Comparing the stages in a consumer and organizational purchase decision process.
©McGraw-Hill Education.
ORGANIZATIONAL BUYING PROCESS AND THE BUYING CENTER
Buying Committee
People in the Buying Center
Roles in the Buying Center
Users
Influencers
Buyers
Deciders
Gatekeepers
©monkeybusinessimages/iStock/Getty Images
©McGraw-Hill Education.
CHARACTERISTICS OF ORGANIZATIONAL BUYING THE BUYING CENTER
Number of People in Buying Center Depends on the Buying Situation
New Rebuy
Straight Rebuy
Modified Rebuy
©McGraw-Hill Education.
FIGURE 6-4 The buying situation affects buying center behavior in different ways.
©McGraw-Hill Education.
VIDEO CASE 6 TREK: BUILDING BETTER BIKES THROUGH ORGANIZATIONAL BUYING
Trek Video Case
©Jean Christophe Bott/Keystone/AP Images
©McGraw-Hill Education.
WHAT WE LEARNED FROM CHAPTER 6
Distinguish among industrial, reseller, and government organizational markets.
Describe the key characteristics of organizational buying that make it different from consumer buying.
Explain how buying centers and buying situations influence organizational purchasing.
Recognize the importance and nature of online buying in industrial, reseller, and government organizational markets.
Trek video
©McGraw-Hill Education.