Foundations of Marketing 5th Edition by Ferrell,William Pride

Exercise 5

When developing a marketing strategy for business customers, it is essential to understand the process the business goes through when making a buying decision. Knowledge of business buying behavior is important when developing several aspects of the marketing plan. To assist you in relating the information in this chapter to the creation of a marketing plan for business customers, consider the following issues:
Discuss the different types of demand that the business customer will experience when purchasing your product.