What is Business Buyer Behavior?

Business Buyer Behavior
"The buying behavior of the organizations that buy goods and services for use in the production of other products and services or for the purpose of reselling or renting them to others at a profit."

Business Buyer Behavior refers to the buying behavior of the organizations that buy goods and services for use in the production of other products and services that are sold, rented, or supplied to others. it also includes the behavior of retailing and wholesaling firms that acquire goods to resell or rent them to others at a profit. in the business buying process, business buyers determine which products and services their organizations need to purchase and then find, evaluate, and choose among alternative suppliers and brands. Business-to-business (B-to-B) marketers must do their best to understand business markets and business buyer behavior. Then, like businesses that sell to final buyers, they must build profitable relationships with business customers by creating superior value.

Popular posts from this blog

BUSINESS USE OF THE INTERNET

Call center technology