B2b market globally. After considering the different ways in which our economy can be improved, we can understand the current state of the economies by analyzing the marketing strategies that are undertaken by business houses in a nation. Marketing strategies will help the business grow in volume and hence is an essential element for an enterprise to survive. When a certain industry is under tough competition, that is if there are multiple players competing for the same prize there shall be an
Words: 904 - Pages: 4
weddings, dinner and dance parties and big meetings, Pool Bar, Lobby Bar, The Dining Room, DOMVS and Li Bai. 3. Among them which dining division will attract other industries and organizations? Among them the Banquet department will have more B2B tractions with other industries because we offer the services of holding the organizational events. 4. Does the company’s classification affect the buying behavior of Banquet? How does it affect? What is the purchasing process of it? Of course
Words: 2845 - Pages: 12
OBJECTIVE IDENTIFYING & EXPLORING BUSINESS DEVELOPMENT AREAS, DATABASE ACQUISITION AND CUSTOMER ACQUISITION Understanding the details of various online marketing products that are being offered under a package for the real estate companies. Acquiring the potential customers’ database. Making customized proposals for these potential customers based on their needs. Analyzing the online marketing done by the competitors of these customers and including that in the proposal. Approach the
Words: 3270 - Pages: 14
The European elevator company was established in early 1900 and had its headquarters based out in Helsinki and Brussels. The European elevator company was a respected company in the elevators and escalators industry and had been operating in this industry from its inception. The European elevator company amongst the 3 largest elevator company in terms of its revenue and market-share. The European elevator company revenue was primarily from two sources – one sale of new equipment (~38%) and services
Words: 1772 - Pages: 8
position holds the company toward them. The bargaining power of customers is much related to production strategy as it influences the firms’ product specifications (e.g. Quality) and operational objectives (e.g. cost reduction and prices). Within a B2b trade process, the customers’ bargaining power is high if and when (FME, Porter's Five Forces: Strategy Skills, 2013): • The customers are highly concentrated • There is a high volume of substitute product supplied • Switching
Words: 794 - Pages: 4
Channel or B2B Promotions Almost every time when people talk about business-to-business commerce, the first thing comes to my mind is Alibaba, since this is where I learned the term--B2B. But another interesting thing I’ve noticed recently is that in digital age, B2B has become more like a platform rather than a business model. Take Alibaba as an example, as a B2B international group and sourcing destinations of many small business owners, it has officially transformed into online trade platform
Words: 427 - Pages: 2
E-Commerce and B2B Business One of the characteristics of a B2B product is that in many cases it is bought by a committee of buyers. It is important to understand what a brand means to these buyers. Buyers are usually well-versed with costing levels and specifications. Also, due to constant monitoring of the market, these buyers would have excellent knowledge of the products too. In many cases the purchases are specification driven. As a result of this, it is vital that brands are clearly defined
Words: 2018 - Pages: 9
Giant B2B Portal Supply Chain Management Habiel. Zakariah, Faculty of Computer and Mathematical Science, UiTM Shah Alam, Selangor, Malaysia habiel86@yahoo.com.my GCH Retail (M) Sdn. Bhd is Malaysia's leading retailer. The group offers customers value-for-money through low-cost, efficient distribution of high quality foods and consumer goods in its supermarkets, superstores and hypermarkets. It also provides health and beauty products via its pharmaceutical retail outlets. In Malaysia,
Words: 1102 - Pages: 5
B2B Brand Management Philip Kotler ´ Waldemar Pfoertsch B2B Brand Management With the Cooperation of Ines Michi With 76 Figures and 7 Tables 12 Philip Kotler S. C. Johnson & Son Distinguished Professor of International Marketing Kellogg School of Business Northwestern University 2001 Sheridan Rd. Evanston, IL 60208, USA p-kotler@kellogg.northwestern.edu Waldemar Pfoertsch Professor International Business Pforzheim University Tiefenbronnerstrasse 65 75175 Pforzheim, Germany waldemar
Words: 104254 - Pages: 418
Business-to-business B2C & B2B A B2C site is defined as a consumer shopping on the Web, often called business-to-consumer (or B2C). B2C ordinarily refer to on-line trading and auctions, for example, on-line stock trading markets, on-line auction for computers and other goods. B2C e-commerce refers to the emerging commerce model where businesses /companies and consumers interact electronically or digitally in some way. One of the best examples of B2C e-commerce is Amazon.com, an online
Words: 3817 - Pages: 16