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

Learning model of consumer behaviour, Q. Learning model of consumer behavio...

Q. Learning model of consumer behaviour? Learning model : Classical psychologists have been concerned in the formation and satisfaction of needs as well as tastes. They disput

Indifference curves, Indifference Curves: The Consumer Tastes Suppose w...

Indifference Curves: The Consumer Tastes Suppose we ask the consumer what his preferences are for alternative bundles of two goods, say food and clothing. Certain combination o

Purchase discount of foreign bills, Purchase Discount of Foreign Bills : P...

Purchase Discount of Foreign Bills : Purchase or discount facilities in respect of export bills drawn under confirmed export contracts are generally granted to exporters who enjoy

Marine insurance contract, Marine Insurance Contract : Article 3 of the In...

Marine Insurance Contract : Article 3 of the Indian Marine Insurance Act, 1963 defines marine insurance contract as "It is an agreement whereby the insurer undertakes to indemnify

Bibliographies of libraries, The libraries of some universities and other ...

The libraries of some universities and other educational institution bring out bibliographies on selected subjects. Lists of Books and Publishers Bulletins: a. All leading

Foreign exchange-exchange control, FOREIGN EXCHANGE : Foreign exchange, as...

FOREIGN EXCHANGE : Foreign exchange, as defined under Foreign Exchange Regulation Act. 1973 is foreign currency and includes: i) All deposits credit and balance payable in fore

Exploratory research, Here the hypothetical solution or actions are explore...

Here the hypothetical solution or actions are explored and evaluated by the decision marker. These studies do not require extensive efforts as information from previous studies can

Responsibilities of the insured , Responsibilities of the Insured : It...

Responsibilities of the Insured : It is the duty of the insured or his agents, in all cases, to take such measures as may be reasonable to avert or minimise a loss. Further,

Evaluate the extent to which each element of iphone''s market, evaluate the...

evaluate the extent to which each element of i phone''s marketing mix contributes to its success

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