B2B Buying Situations Flashcards

1
Q

What are the different buying situations?

A

New buy, straight rebuy, modified rebuy

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2
Q

New-Buy

A

When a company purchases a product for the first time

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3
Q

Straight Rebuy

A

When a purchaser buys the same product in the same quantity from the same vendor

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4
Q

Modified Rebuy

A

When a company wants to buy the same product but make some modifications to it

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5
Q

New-to-an-organization

A

A rare occurrence – a purchase is new to the people involved

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