Business-to-Business Marketing: A Step-by-Step Guide
Ray Wright
Dec 2003, Paperback, 536 pagesISBN13: 9780273646471
ISBN10: 0273646478
Business- to- Business Marketing: A Step-by-Step Guide offers the reader a clear, cogent understanding of this newly emerging and rapidly evolving sub-discipline. Ideal for college students, undergraduates and non-specialised postgraduates, as well as marketing practitioners, this book is designed specifically to explain the nuances of B2B marketing. With a wealth of local and global case studies, comparisons between B2B and B2C marketing and material linked questions, Business-to-Business Marketing: A Step-by-Step Guide, provides a comprehensive overview of an expansive sector to inspire the reader with confidence
- Description
Contents
- Features
Preface
Chapter 1: The business marketing environment in the modern world
Aims and objectives
Part 1: What is the business market?
Introduction
What is the business-to-business market?
Why business-to-business marketing?
Marketing definitions
Growth of business-to-business markets
Part 2: Characteristics of business markets
Harmonisation of laws in business markets
Barriers to trade
Economic systems
Part 3: Market classification
Regional markets for industrial goods and services
National markets for industrial goods and services
Global markets for industrial goods and services
Marketing trading types
B2B trading forms: organisational types
B2B selling in the not-for-profit sector
The need to understand the behaviour of organisations
Summary
Discussion questions
Case study - Web based
Bibliography
Chapter 2: Understanding environment influences affecting organisational behaviour and markets
Aims and objectives
Part 1: Macro-environmental factors influencing B2B organisational
behaviour
Introduction
Wider environmental forces
Part 2: Immediate environmental factors influencing organisational
behaviour
Competitive influences
Customers and markets
Part 3: Demand and supply in the economy
Managing demand
Derived demand
Other demand categories
Trends and shifts in demand
Measuring the level of demand
Demand potential and analysis
Market potential
Industry and market life cycles
Summary
Discussion questions
Case study - Web based
Bibliography
Chapter 3: Decision making and segmenting business markets
Aims and objectives
Part 1: Decision making in B2B organisations
Introduction - the purchase function
Ethics in business
Choosing a supplier
The decision-making unit (DMU)
The B2B decision-making process (DMP)
The buying decision difficulty (BDD)
Part 2: Business-to-business segmentation
Why segment business markets?
Market segmentation
Information, marketing research and segmentation
Viability of segmentation
Part 3: Segmentation methods in business-to-business markets
Macro and micro segmentation
Macro segmentation
Micro segmentation
Changing importance of segmentation factors
Part 4: Market segmentation process
Identify the basis for market segmentation
Determine the important characteristics of each segment
Evaluate the market attractiveness of each segment
Segment selection
B2B corporate/product positioning
Develop a marketing mix strategy for each targeted segment
Summary
Discussion questions
Case study - Web based http://www.booksites.net/wright
Bibliography
Chapter 4: Managing business products/services for strategic advantage
in business-to-business markets
Aims and objectives
Part 1: Organisations, products and services
Introduction
B2B product definition
Types of business goods and services
Major product/service categories
Other B2B product categories
Importance of product/service purchase to buying company
Characteristics of B2B services
Strategic approach to marketing B2B products and services
Market research
Part 2: Adding value to products
Basic benefits demanded in B2C and B2B markets
Value added process
Unique selling proposition (USP)
New product development in B2B marketing
Part 3: Branding
What is a brand?
Corporate and product branding strategies
Advantages associated with branding
Packaging
Summary
Discussion questions
Case study - Web based http://www.booksites.net/wright
Bibliography
Chapter 5: Managing business marketing channels
Aims and objectives
Part 1: Evaluating strategic channel alternatives
Introduction
Channels of distribution in B2B markets
Methods used in direct channels of distribution
Indirect B2B channels of distribution
Disintermediation
Internet in the supply chain
Combination of direct and indirect distribution
Strategic channel selection
Strategic channel selection factors
Part 2: Managing the supply chain relationship
B2B supply chain structures
The B2B supply chain
The value chain
Outsourcing
Leasing
Other business relationship forms
Part 3: Management of logistics in B2B markets
Reverse logistics
B2B physical distribution
Transport and delivery methods
Other transport issues
Summary
Discussion questions
Case study - Web based http://www.booksites.net/wright
Bibliography
Chapter 6: Pricing strategies for business markets
Aims and objectives
Part 1: The meaning of price and marketing in business markets
Introduction
The business-to-business pricing process
Price and the B2B marketing mix
Part 2: Strategic factors determining price
Price objectives and strategies
Costs
Customers and prices
Market structures and price
Price and levels of demand
Competitor response to price
Price and role of legislation in B2B markets
Part 3: Other aspects of price in B2B marketing
Price and the concept of elasticity
Price negotiation
The internet and its effect on pricing
Price and global markets
Strategic and tactical methods for determining price
Tactical or secondary pricing methods
Summary
Discussion questions
Case study - Web based http://www.booksites.net/wright
Bibliography
Chapter 7: Business-to-business strategic communications
Aims and objectives
Part 1: Corporate and product business communications
Introduction
Corporate and business product communications
Internal marketing communications
Part 2: Managing business-to-business marketing communications
Marketing, communications and corporate brand
Marketing communication strategies
Communication and promotional methods
Advertising
Point of purchase and merchandising in B2B
Public relations and publicity
Part 3: The strategic role of personal selling in B2B markets
Differences in personal selling in B2B and B2C markets
Managing the sales force
Personal selling and other elements of the communication mix
Marketing communications and promotional campaigns
Summary
Discussion questions
Case study - Web based http://www.booksites.net/wright
Bibliography
Chapter 8: Formulating business-to-business marketing strategy
Aims and objectives
Part 1: The need for business marketing strategy
Introduction
Importance of strategic thinking
Involvement of all managers and all company functions
Levels of strategic decision making
CRM and customer retention schemes
Assessing competitive advantage
Strategic role of marketing
Part 2: The B2B marketing planning process
Scope of strategic planning
Strategic situation analysis: Where are we now?
Strategic choice: Where do we want to go?
Strategic implementation: How are we going to get there?
Summary
Discussion questions
Case study - Web based http://www.booksites.net/wright
Bibliography
Chapter 9: Strategic business approaches to different and changing market conditions
Aims and objectives
Part 1: B2B strategic approaches to different markets
Introduction
Generic strategic approaches
Strategies across the industry, market and product life cycle
Part 2: Business strategies in B2B international markets
The nature of B2B international markets
Foreign market entry
Direct international market entry
Global companies
International and global marketing structures
Part 3: Future of national and international B2B marketing
Business strengths
Market challenges and future of global and business markets
Environmental concerns
Part 4: Use of technology in the growth and maintenance of business
strength
Business-to-business and new technology
Internet uses in both B2B and B2C markets
Strategic options on internet applications
Summary
Discussion questions
Case study - Web based http://www.booksites.net/wright
Bibliography
Chapter 10: Understanding business marketing environments (Web based)
Aims and objectives
Part 1: Information for understanding strategic and tactical decision making
Introduction
Information is power
Information-gathering process
Marketing information system (MIS)
The MIS process
Part 2: The B2B marketing research process
Clear marketing objectives
Secondary research (desk research)
Primary research
B2B research in international markets
Strategic concerns with marketing research
Part 3: Forecasting in B2B marketing
Marketing and sales forecasting
Forecasting techniques
Summary
Discussion questions
Case study
Bibliography
Index
- Description
- Contents
Features
- Comparisons between B2B and B2C marketing
- Up-to-date examples reflecting national and international marketing needs
- Case studies in each chapter based on local and global B2B examples
- End-of-chapter questions linked to chapter material
