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Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

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Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1
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Page 1: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice HallCopyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1

Page 2: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Understanding buyer behaviour is the key for a successful B2B marketing process

Major questions:› Who are they?› What do they need?› What do they buy?› How do they buy?› How much do they buy?

Page 3: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Page 4: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Page 5: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Companies have many departments performing different business functions: Manufacturing/Operations, R&D, Engineering, Quality, Marketing, Sales, Purchasing, IT, Accounting, Finance, Human Resources...

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Page 6: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Internal Factors

Technology AccountingManagement MarketingLegal Production/Mfg.Finance Service

External Factors

Customer needs

and buying

behavior

Government

agencies

Independent standards-setting organizations

Various Publics

Stakeholders in each discipline within the buying organization contribute expertise such that internal and external factors are accommodated.

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Page 7: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Decision making unit of buying situation

Several people involved from several departments

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Page 8: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Organization Needso Benefits of the product or service

Individual Needso Based on professional activities and

functions of the job Individual’s Personal Needso Career, quality of life, recognition

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Page 9: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Involves more Buyers

Stakeholders in Buying Center are driven by professional responsibilities

Different decisions occur simultaneously within the Buying Center

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Page 10: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Need Recognition

Information Search

Evaluation of Alternatives

Purchase Decision

Post Purchase Behavior

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Page 11: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

1. Problem recognition1. Problem recognition

2. General need description2. General need description

3. Product Specification3. Product Specification

4. Supplier/Source search4. Supplier/Source search

8. Evaluate performance8. Evaluate performance

7. Make the transaction routine7. Make the transaction routine

6. Selection 6. Selection

5. Proposal solicitation5. Proposal solicitation

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Page 12: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Interaction is fluid and broad based Process is simultaneous, not sequential Alternative suppliers are listed Relationships build loyalty: seller and

buyer seek long-term profitable relationships

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Page 13: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

The first attempt at describing a solutionBuying center participants assess problem and need to determine what is necessary to resolve/satisfy it The complexity of the solution and the number of organizational units to be involved (size of the buying center) is determinedSuccessful suppliers are involved, often in the development of the Product Specification

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Page 14: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

A special, expensive computer software buying situation of company?

An expensive machinery buying for manufacturing process?

A human resources consultancy service Car rental service of 200 cars for sales

persons use Buying of 10 Printers to be used in the

offices of the company

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Page 15: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

look in company files and trade directories, contact suppliers for information, solicit proposals from known sellers, examine websites, catalogs, and trade publications

conduct a value analysis - an evaluation of each component of a potential purchase; examine quality, design, materials, item reduction/deletion to save costs, etc.

conduct seller analysis - a formal and systematic evaluation of current and potential suppliers; focuses on price, quality, delivery service, availability and overall reliability

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Page 16: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

An organization can decide to use several suppliers, called multiple sourcing. Multiple sourcing reduces the possibility of a shortage by strike or bankruptcy.

An organization can decide to use one supplier, called sole sourcing. This is often discouraged unless only one supplier exists for the product; however it is fairly common because of the improved communication and stability between buyer and supplier.

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Page 17: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

After selecting a supplier, the buyer will negotiate the final order by listing

the technical specifications, agreed upon price, quantities, expected time of delivery, return policies, warranties and any other terms of negotiation.

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Page 18: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Meet the customer’s technical requirements

Meet the customer’s delivery timing requirements

Meet the customer special logistics and delivery requirements

Meet the agreement overall

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Page 19: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Compare products with specs Results become feedback for other stages in

future business purchasing decisions Evalutae overall buying process and supplier

as a whole Evalutae the company’s buying process for

this spesific buying situation and make necessary modifications

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Page 20: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

A need not yet faced by Organization

New offering with new technology Requires many sources of

information and assistance Utilizes complete buying process

to investigate alternatives

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Page 21: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

A robotic assembly line purchase of a car maker company

A food company wants to buy logistics services first time from a logistics company

A special computer software program buying situation of a textile company

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Page 22: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Modified Re-Buy› Situation from New-Task Situation› Limit exposure from competitive

forces› e.g. Lap-top computers buying of

Yasar University (or a company) Straight Re-Buy

› Buying situation that is routine› Established solutions› e.g. Paper buying of Yasar University

(or a company)22

Page 23: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Is the buyersatisfied?

New TaskNew Task

Definition

Selection

SolutionDelivery

No. Then next purchase

Yes. Then next purchase

End Game

Re-BuyRe-Buy

Definition

Selection

SolutionDelivery

End Game

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Page 24: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

How different isthe next situation?

Is the buyersatisfied?

Satisfied,No differences

Dissatisfied

SmallDifference

Define changesto process

LargeDifference

yes no

Straight Re-BuyStraight Re-Buy

Definition

Selection

SolutionDelivery

End Game

Modified Re-BuyModified Re-Buy

Definition

Selection

SolutionDelivery

End Game

To New Task

To New Task

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Page 25: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Is the total of all impressions that a customer has of the firm (whether relevant to the buying situation)

Is similar to product positioning that occurs with consumer goods

Needs to be maximized in the “mind” of the buyer

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Page 26: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Purchasing through

electronic connections

between buyers and

sellers – usually online.

Page 27: Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 1.

Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall

Copyright 2009 Pearson Education, Inc. Publishing as Prentice Hall1-27

Copyright © 2009 Pearson Education, Inc.  Copyright © 2009 Pearson Education, Inc.  Publishing as Prentice HallPublishing as Prentice Hall

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic,

mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. Printed in the United States of America.


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