Business to Business is a popular name among traders. B2B or B to B in some countries. An infrastructure where one commercial entity makes financial transactions in exchange for goods or services from another commercial entity. Try to understand with a few examples? For example, suppose you run a company that sells vegetables. Your friend has a catering company. Now if the transaction is between two companies it will come under B2B activity.Similarly, if there is a service, B2B activities will also fall under it. Remember B2B is business to business and B2C is business to consumer. Business-to-business infrastructure plays an important role in the US economy. B2B organizations are formed with 500 or more employees. 75% of the United States has such institutions. The amount may increase or decrease in future.In B2B commerce, when a company offers a product or service, a contract is signed against it, leaving room for further negotiation. But B2C doesn't have the opportunity to do that.Business to Consumer This is the concept of an online shop or offline shop. In the 1990s, online popularity grew. B2B was a popular business concept back then. For example, amazon, ebay, alibaba and some small companies have their business profits. It has some disadvantages. Let's say, you've created a product and now it's time to sell it. When you go to sell, of course 2 to 3 will change hands and your cost will go up. Online business costs less.
b2b and b2c marketing ?
Marketing methods differ slightly from business to business and from business to consumer. B2B marketing people have to work on big projects. Sometimes wrong marketing policies lead to business losses. B2C on the other hand has both retail and wholesale customers as it is the only method. Marketing methods are almost same in both directions.
B2B B2C Marketing Planning !
You must be enterprising, brave and honest to do both businesses. Since you will be doing business, you need to provide proper time and money.Request to take advice of big corporate companies to plan properly
10 difference between b2b and b2c marketing ?
* Both businesses are great if done right, but business-to-business is a profitable business.
* If manpower is reduced in one business, manpower is required in other businesses.
* There is no similarity between them. But every business is independent.
* The amount of profit is unequal in the two businesses .
* Works with a customer improvement organization.
* It takes a lot of work to get started, not to improve
* One has a legal process the other does not .
* One takes less time and the other takes more.
* One requires more work than the other.
* One requires more capital than the other.
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