Lecture 9: Organizational Buying Behaviour Flashcards
1
Q
organizational buying influenced by (3)
A
- company objectives
- budget
- cost and profit considerations
2
Q
decision making vs. consumer decision making (5)
A
- more people involved
- precise technical specifications are used
- impulse buying is rare
- decision more risky
- B2B marketing more personal selling
3
Q
decision making unit participants (5)
A
- users
- influencers
- deciders
- buyers
- gatekeepers
4
Q
users
A
- identify the need, have a view of what they want and may provide specification
5
Q
Influencers
A
- anyone who inputs information into the process,ex. technical knowledge
6
Q
Deciders
A
- responsible for final decision
7
Q
Buyers
A
- place the order and may negotiate price and terms
8
Q
Gatekeepers
A
- control access to other members of the team but not involved in the decision
9
Q
classes of buying (3)
A
- new task buying
- modified re-buying
- straight re-buying
10
Q
influence on organizational buying behaviour (4)
A
- environmental factors
- organizational factors
- interpersonal/social factors
- individual factors
11
Q
buyer seller relationships
A
- interdependence can develop
- strategic alliance
- buyers often strong loyalty to suppliers
- some buyers can have strong powers
12
Q
relational selling strategy
A
- strategic approach adopted
- major customers managed as key accounts (KAM)
- approach may come from the buyer
- working more closely together