Difference between B2B and B2C
The
volume of B2B sales is much greater than that of B2C sales.
“Buying one can of soft drink involves little money, and thus little
risk”.
The purchase of B2B products is much risker than B2C products,
because purchasing the wrong product or quantity, or at the wrong terms, can
put the entire purchasing business at risk.
B2B
companies behave differently when buying. Purchases are usually made by
committee, and decisions are specification-driven.
(“The decision-making process for B2B products is usually much longer
than in B2C”. )
B2B
companies avoid mass media when promoting their brand, instead
targeting their customers directly through trade shows, specialized
magazines, etc.
(“Brand loyalty in B2B is therefore much higher than in consumer
goods markets”).
Labels: E Business
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