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Arch G. Woodside, Hugh M. Pattinson and David B. Montgomery
This chapter documents the contributions in the business-to-business (B2B) marketing–buying literature that focus on implemented strategies in specific contexts. Research on…
Abstract
This chapter documents the contributions in the business-to-business (B2B) marketing–buying literature that focus on implemented strategies in specific contexts. Research on implemented strategies often includes thick descriptions of how things actually get done over a period of weeks, months, or years including how decision makers make sense of situations, go about processing information, make choices, interact with other decision makers, participate in specific actions, and interpret events and outcomes. Research on implemented strategies favors “direct research” (Mintzberg, 1979) that includes multiple face-to-face interviews of the same and different participants in B2B processes over the course of days, week, months, or years. Direct research is inherently inductive theory-building and case-based data driven in its theory-empirical approach. Direct research includes applying a number of possible research methods and results in a number of advances in B2B implemented-strategy-in-context theory.
A central finding in the relationship marketing/buying literature is that the thought and decision processes by both marketers and buyers include a series of branching, if-then…
Abstract
Synopsis
A central finding in the relationship marketing/buying literature is that the thought and decision processes by both marketers and buyers include a series of branching, if-then, questions and answers. For example, will customer X accept a 7 percent price increase? The correct answer: acceptance depends on the changes in the other attributes on the table (i.e., in the bid proposal or product–service design). Consequently, from designing and evaluating bid-purchase proposals to evaluating the current state of the overall seller–buyer relationship, the perceived value of the level of any given attribute depends in part of the value perceived in the levels of several other attributes. Possibly, business-to-business decisions and outcomes may be understood best by constructing thick descriptions of the multiple contingency paths that marketers and buyers think about and sometimes enact when deciding. Chapter 10 reports the use of two “think aloud” methods to learn the contingency thoughts and decisions of marketers and buyers of industrial solvents. The main conclusions of the study: designing generalized “gatekeeping,” contingency, models of if-then decision paths can be achieved; these models are useful for constructing accurate behavioral theories of marketer–buyer relationships.
Jennifer D. Chandler and Wes Johnston
This chapter reviews emergent research streams as a basis for a dynamic multilevel perspective on organizational buying behavior that can link seminal studies to more contemporary…
Abstract
This chapter reviews emergent research streams as a basis for a dynamic multilevel perspective on organizational buying behavior that can link seminal studies to more contemporary issues raised by managers and scholars alike. Since Johnston and Lewin's (1996) review, the literature does not include a comprehensive analysis of recent themes or general directions. From a managerial perspective, some of these issues that need coverage include the following questions. What are the best practices for integrating the organizational buying process with product design, development, and innovation? How can technology, media, and automation be leveraged in the buying process? For supplier relationships in which trust and commitment have been established, what are the best practices for using this to build competitive advantage? What are the best practices for leveraging the brands of products or services that are not owned by a firm? What are the best practices for managing buying processes across international markets?
İ. Taylan Dörtyol, Ayşen Coşkun and Olgun Kitapci
Consumption is a way of communication whereby consumers express, position or/and differentiate themselves within their society or affiliated groups. A great part of consumers’…
Abstract
Consumption is a way of communication whereby consumers express, position or/and differentiate themselves within their society or affiliated groups. A great part of consumers’ lives are spent on various purchase activities, and many would be eager to understand the factors underlying those behaviours.
This chapter primarily deals with the cultural, social, psychological and personal factors that affect consumer behaviour. Each of these factors in relation to consumer behaviour is discussed in detail. The types of consumer buying behaviours and the consumer decision-making processes then provide the fundamentals of the topic along with their relevance to Turkish consumers.
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Catherine N. Axinn, Dawn R. Deeter-Schmelz, Brian T. Straley and Ernest J. Zavoral
Drawing from seminal research on organizational buying behavior (Johnston, 1979; Johnston & Bonoma, 1981), we use a case study format to explore the impact of the Internet and…
Abstract
Drawing from seminal research on organizational buying behavior (Johnston, 1979; Johnston & Bonoma, 1981), we use a case study format to explore the impact of the Internet and internationalization on today's industrial procurement processes. Interviews with senior managers of an industrial distributor reveal several key insights regarding the impact of the Internet on buyer–supplier interactions and the importance of global sourcing. Based on these exploratory findings, implications for future research are offered.
Constantinos-Vasilios Priporas
- Explain what a smart consumer is through Generation Z views
- Understanding the nature of decision-making process with the use of smart technologies
Abstract
Learning Outcomes
Explain what a smart consumer is through Generation Z views
Understanding the nature of decision-making process with the use of smart technologies
Explain what a smart consumer is through Generation Z views
Understanding the nature of decision-making process with the use of smart technologies
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Waldemar Pfoertsch and Hendrik Scheel
This chapter helps to establish a characterization system for industrial and consumer companies. Marketing science shows that industrial brands and consumer brands have to be…
Abstract
This chapter helps to establish a characterization system for industrial and consumer companies. Marketing science shows that industrial brands and consumer brands have to be managed in significant different ways. The reason is the variety of distinctions. Marketing literature often fall back to the same definition for companies. Usually, companies are defined business-to-business (B2B) when they deal with other companies and business-to-consumer (B2C) when they make their revenues with private consumers. However, both definitions do not represent the knowledge from marketing literature about the specifications in both market categories. The characterization system here separates companies by the demand drivers (derivate and origin) of their costumers, by their communication strategy, by the roles individuals play in the buying process, and recommend the appropriate branding strategy. The results of a survey about B2B knowledge show how important such a characterizing system for the discussion is. Often managers have no clear picture of a company in terms of B2B and B2C marketing. The system helps them to find a common basis for understanding the crucial issues, based on an empirical analysis.