organizations, governments and business. Organizational buyers make buying decisions for their organizations and purchase products and services professionally. This type of buyer tends to be more knowledgeable than normal consumers. -Purchase involves; large sums of money, complex technical, economic consideration, interactions among many people at different levels
-Buyers and seller are very dependent
on each other organizational buyers are heavily influenced by the current and expected economic environment each organization has specific objectives, policies, procedures, organizational structures, and systems related to buying - the buying center usually includes several participants with differing levels of interest, authority, and persuasiveness -each person has personal motivations, perceptions, and preferences, age, income, education, professional identification, personality, and attitudes toward risk is when someone in a company recognizes a problem or need that can be met by acquiring a good or a service is when a company describes the general characteristics and quantity of a needed item is when the buying organization decides on and specifies the best technical product characteristics for a needed item is when a buyer tries to find the best vendor is when qualified suppliers are invited to submit proposals is when a buyer receives proposals and selects a supplier or suppliers when a buyer writes the final order with the chosen supplier(s), listing the technical specifications, quantity needed, expected time of delivery, return policies, warranties, and so on is when a buyer rates its satisfaction with suppliers, deciding whether to continue, modify, or drop the relationship. specific group or industry a company focuses on when trying to sell products and services. These audiences are often dictated by the kind of materials an organization deals in and the kinds of competition these business experience. Also called as "Target Market". All business or target markets requires significant research to determine best practices for marketing and sales. This helps companies increase the likelihood that target audiences buy from one firm to another. usually an annual meeting of an association . associations sponsor many types of meetings a command performance for employees of a company meetings less than 50 rooms a unique subset of corporate group business that rewards participants for achieving a goal Social, Military, Educational, Religious, and Fraternal organizations. Develop a win-win relationship 1. As a buyer, how could this Advertisement influence your choice or preference?? 2. Why do you think Business Market/Group Business Market important in Marketing?
3.What were the environmental influences that affected travel and meetings after September 11, 2001? REFERENCE