Page 167 - E1 Integrated Workbook STUDENT 2018
P. 167

Further aspects of marketing




                           Business to business (B2B) and

                           business to consumer (B2C) marketing



                                   B2C                                           B2B

                    Purchased by individuals for own             Sale of goods between businesses.
                     use.
                                                                  Wide range of goods from raw
                    Includes fast moving consumer                 materials to processed goods and
                     goods and durable goods.                      capital items.



                                                        Derived

                                                    demand from
                                                      consumer
                                                        market


                             Technical                                              High
                            complexity                                           purchasing
                            is common                 Features of                 power of
                                                    B2B marketing                businesses
                                                     compared to                compared to
                                                    B2C marketing                consumers



                                          Closer
                                                                         Fewer
                                       relationship

                                     between buyers                      buyers
                                                                        than B2C
                                       and sellers
                                                                       marketing





                               Business-to-government (B2G) marketing is a form of B2B
                               marketing but deals with a government department or public service
                               rather than another business.











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