Professional Documents
Culture Documents
B2C=Business-to-Consumer Market= businesses sell products and services to consumers for household or personal use B2B=Business-to-Business Market= businesses sell products and services to other businesses for use in their daily operations or for making other products and services
B2B Marketing
B2B marketing is the business which sells goods or provides services to other businesses. In B2B marketing, the strategies are based on pure knowledge and logic There are fewer customers and they require dependable relationships and a high level of service. Marketing tends to be done by personal selling ( one-on-one) calls to the customer. Specialized media such as trade journals, sales brochures, web sites, trade shows are used rather than traditional mass media.
B2C Marketing
B2C marketing is when a business provides goods and services to consumer market. When it comes to B2C marketing strategies, our base should be consumer oriented. You need to emphasize more on the benefits and features of the products or services you are dealing with. The B2C marketing strategies are based on emotional decisions based on the consumers as you deal with different human beings having different expectations are priorities when it comes to purchasing the products.
B2B
Small/Focused Target Market Features/Functional/Education Rational.mostly Less/Selective Media Consumption Long Lead Time/Multi Step Process Long Term Relationship Create and Support Demand
B2C
Large Target Market Benefits/Symbolic/Appeal Emotionalmostly Multiple Touch Points Short Lead Time/Single Step Process Instantly Interesting Drive Demand
Idea of Marketing
Ultimate objective of marketing is to generate intent to buy the product.
Reach
Frequency
Awareness
Engagement
Experience
Intent
Marketing Plan
Know your unique position your value proposition Review your mission statement and objectives Conduct a SWOT analysis State the services you offer Define your targeted audience
NPOs in India
Sasha Association for Craft Producers for Crafts PAHAL for Gift Items Aadhar for Handloom & Handicraft Syamantak for Handicraft National Rural Research & Development Association ( NARAD ) for Handicraft
Gift Items
Handicraft
Eatables
Toys
Competitive threats
NPOs are more vulnerable to economic crisis. Corporates have better brand equity as compared to NPOs. NPOs have limited product portfolio. They play in small numbers. They have limited funds.