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What is difference between Business Market and the Consumer Market?
The business market comprises all the organizations which obtain goods and services that are used for further production therefore these are sold or supplied to the others and comprise several activities also like bankery, insurance, finance, services and distribution.
Some of the differentiating points between two markets are as follows: Fewer Buyers, Close Supplier, Geographically Concentrated Buyers, Derived Demands, Inelastic Demand, Fluctuating Demand, Professional Purchasing and Direct Purchasing.
understand concepts with examples of need,want,demand
Q. Advertising and Creation of Utility? Advertising creates place, time and perception utility. In case seasonal products it creates time usefulness by creating demand even in
How does the mobile wallet payment value chain look like? And where in the payment value chain can we place the mobile wallet service?
One stage channel of distribution In this case, there is one middleman i.e., retailer. Manufacturers sell their goods to retailers who in turn sell it to the consumers. T
Tool Belt Store (TBS) is expanding its chain of hardware stores across the country. TBS has more than 5,000 full-time employees and more than 20,000 part-time employees. TBS recent
types of corporate branding?
The country of Changeland has, for many years, operated as a military dictatorship. Last year, though, a people's revolution brought a democratic election for the first time in liv
What is comprised in green or environmental marketing? Green or environmental marketing comprised all activities designed to generate and assist any exchanges intended to sat
"consumer mind is a block box" -discuss
Features of advertising 1. It is mass communication process every piece of advertising gurantees satisfactionof human wants and wnts them from needs and desires advertisers
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