Business marketing is when business markets and sells its goods and services to other businesses or organizations. These other organizations may resell these goods and services or use them in their own business to support their operations. Business marketing is Jamaica Phone Number often called as industrial marketing or business-to-business (B2B) marketing.
The perfect example of Business to business marketing is Jamaica Phone Number the automobile industry. For example, Companies specializing in housekeeping provide services exclusively to other organizations, rather than individual consumers. Business-to-customer marketing is when a business markets and sells its goods and services to retail consumers for personal use.
Consumer marketing (B2C)
B2C marketing differs from B2B marketing in a Jamaica Phone Number of key ways. A Business market has very few customers as compared to a consumer market which has large numbers of customers. A business market usually sells a customized product where as a consumer market sells a homogenous product. A Business to business transaction is a huge value transaction as purchase quantity is very high where as business to consumer transaction is a small value transaction.