Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. 2. Describe Business Marketing. What are some things that distinguish the business marketing process from the consumer marketing process? Also, be specific in your

image text in transcribed
image text in transcribed
1. 2. Describe Business Marketing. What are some things that distinguish the business marketing process from the consumer marketing process? Also, be specific in your discussion of business products and services. Illustrate with a marketing example. How do B2B companies use the Internet (3 major ways)? We have heard a lot about the impact of social media, internet marketing and networking of consumer products and services. Since this chapter deals with business marketing, discuss how B2B companies utilize the internet in their marketing efforts. Provide a marketing example. You can cite social media, content marketing, etc. 3. 4. 5. Define Relationship Marketing. What does it involve? 6. Define Strategic Alliance. 7. How are Relationship Marketing and Strategic Alliances related? Illustrate with a marketing example. Briefly explain the North American Industry Classification System. 8. NAICS) 9. How can NAICS be of value to the B2B marketer? 10. What are the major differences between business and consumer markets? Illustrate with a marketing example the difference between customers shopping at Dillard's versus the relationship between Dillard's and its other channel members? You can discuss any or all members of a palticular "value chain" or "vertical marketing channel." 11. Describe the following characteristies of B2B markets (relative to consumer markets): a. Demand b. Purchase volume c. Distribution channels d. Buying process 12. Define and illustrate each of the below with a marketing example a. Straight rebuy b. Modified rebuy c. New buy

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Grain Prices Cycle Analysis And Forecast Through 2026

Authors: Nathaniel Gleason

1st Edition

979-8865622666

More Books

Students also viewed these Finance questions