WHAT IS THE MAIN MEANING OF BUSINESS MARKETING? Kassem Mohamad Ajami
If you want to know the main meaning of business marketing, then let me tell you, business marketing is mainly the marketing of products of the company. Business marketing is a process of selling products and services to the customers. We can also say that business marketing is like selling products to other businessmen and then they businessmen sell those products to their customers. As we all know that all businesses sell something, with the help of business marketing businessmen sell their products to their targeted customers. There are five types of marketing, which I would like to tell you one by one.
First one is the Business to customer market in which businessmen directly sell their products or service to the individual customers. This one is the largest type of marketing because this businessman gets the customers in larger numbers to offer their product and service. For example, you have seen the grocery store where the owner of that store can sell their product to numerous buyers. That’s why business marketing to the consumer has been considered the largest type of marketing because their businessmen sell their product in larger quantities to their customers. The second one is Business to business market in which businessmen mainly focus on their products and services because these products are directly going to sell to other businessmen. But most of the companies will prefer to sell their products and services to both the consumer and commercial businessmen. The third one is, service marketing businessmen sell their service rather than products or anything else in which these businessmen directly deal with the consumer market. Like, let me clear you, they provide telephone service, plumbing and other services like this. In simple words, service marketing is a type of marketing in which businessmen sell business accounting or consultancy service. Or if we tell in more simple words, like you know that haircutting salon provides the service of haircutting to the customers but also, they used to sell shampoo, hair gel, spray and other beauty products. I hope now you got our point. The fourth one is industrial marketing in which one industry sells their production or service to another industrial market at a wholesale price and then they resale those products. These products are not directly sold to the customers, like glass, wood, steel, iron and other products. Industrial marketing is smaller than other marketing which we have mentioned upper they have only those buyers who purchase their products in larger quantity. The last one is professional service marketing, in which businessmen provide services only to the authorized and organized stores and businesses, who have their certificate or license to run their business like medical stores.
Business marketing for all the businessmen because this will help businessmen to make a long-lasting relationship with the customers. Business marketing is an overall process for reaching a targeted audience or to gain much audience. With the help of business marketing, you can increase your sale in your business. Most businessmen also prefer to have a website for promoting their business. The website also helps to gain more customers and to reach the targeted customer who wants to make a deal with you. because for making a business strong or for increasing sales every businessman should have their website over the internet, where they can tell their customers what type of product they have, why the customers have to choose them and how can their customers get in touch with them. We hope that you loved reading our blog and we also hope that you found the right answer to your question.
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WHAT IS THE MAIN MEANING OF BUSINESS MARKETING?
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WHAT IS MARKETING? WHAT ARE THE DIFFERENT TYPES OF MARKETING? KASSEM MOHAMAD AJAMI
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