Summary
Summary Bus2010F Week 11
- Course
- Marketing (BUS2010F)
- Institution
- University Of Cape Town (UCT)
Summary of 10 pages for the course Marketing at UCT (Bus2010F weeks 1-12)
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WEEK 11Lecture 28
Understand the marketplace
B2B Marketing
The set of strategies and processes by which firms create value for customers and build
strong customer relationships in order to capture value from customers in return, for any
business transaction between a professional seller (representing a selling company) and a
professional buyer (representing a buying company).
Is Kellogg’s a B2B transaction?
, Types of B2B Customers
• Private sector firms
Ø OEMs (original equipment manufacturers)
Ø Industrial Distributers (channel members and facilitators)
Ø Industrial End-User
• Government Agencies
• Institutions
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