Explain the typese of customers, Marketing Research

Assignment Help:

Q. Explain the typese of customers?

One group can include the price-sensitive ones called the transactional ones. In India this segment exists in mainly product categories ranging from consumables to projects.

The second group of customers need 'consultative selling'. This will necessitate the marketing organisation to have analytical and intimate knowledge of the customer's requirements and provide a consultative edge to the total offering.

The third group of customers are the ones who need the 'enterprise sales effort' by which they may have a strategic association with the marketer. This approach must enable the marketer to bring in marketing efforts which may require inputs from numerous functional areas of the marketing and buying organisation. This finally results in offering the customer a strategic product. This approach directs to continuous improvement between the customer and the marketer. The 'Docutech' model of digital copier which was developed by Xerox for Boeing is a good instance of this approach.

These customer groups add a latest dimension to business-to-business marketing. The 'three-value philosophy' of purchasing organisations can as well help a marketer categorise buying centres according to the value expected by the organisation. There erstwhile a radical shift of the value concept in business-to-business marketing -- from the price performance equation to the three types of expectations based on the type of customers.

The suggestions of the shift in the value-orientation of buying organisations are that a marketing manager must be able to develop parameters for classifying buying organisations and train the sales force to cater to the three kinds of customer groups .

There is necessitating breaking away from the 'products-benefits-brand' sales pitch which is generally the approach in business-to-business marketing.

While the ideal approach perhaps the 'enterprise sales effort' this mayn't suit every customer. A marketing organisation may perhaps have to deal with all the three types of customer organisations and the respective buying centres. There is a need to developing strategies for all the customer groups and defines value for each of them.


Related Discussions:- Explain the typese of customers

Prohibition of export, Prohibition of Export : Export of all goods either ...

Prohibition of Export : Export of all goods either directly or indirectly to any place outside India other than Nepal and Bhutan is prohibited unless the exporter furnishes to the

Explain about freudian theory, Freudian theory: _ The idea that much of...

Freudian theory: _ The idea that much of human behaviour stems from a fundamental conflict between a person's desire to gratify his/her physical needs and the necessity to func

Explain the process of consumer buying behaviour, Q: Explain the process of...

Q: Explain the process of consumer buying behaviour? Ans : The buyer decision process comprises the following steps: 1. Need recognition 2. Look for information on prod

Evaluating awareness and potential for IMC in b2b in pune, what will be the...

what will be the scope for the above study for imc in b2b market domain and SWOT analysis,future growth and prospects of the study

Write a short note on survey methods, Write a short note on survey methods....

Write a short note on survey methods. Answer Survey methods tend to be mainstay of marketing research in general. They tend to involve a structured questionnaire given to

Several factors of cultures to adopt new products, Q. Several factors of cu...

Q. Several factors of cultures to adopt new products? Cultures are likely to adopt new products more quickly than others based on several factors: Modernity : The degree to

Explain research nature and objectives in addition to types, Explain resear...

Explain research nature and objectives in addition to types (1)To identify and find solutions to the problems: Research is essential to understand the problem in depth. Fo

What is neutral alternative in dichotomous, When selecting use of a neutral...

When selecting use of a neutral alternative in dichotomous questions what considerations must be kept in mind? Answer

Negotiation of export documents under letters of credit, Negotiation of Exp...

Negotiation of Export Documents under Letters of Credit : Where the exports are under letter of credit arrangements, the banks will negotiate the export bills provided it is drawn

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd