Explain the typese of customers, Marketing Research

Assignment Help:

Q. Explain the typese of customers?

One group can include the price-sensitive ones called the transactional ones. In India this segment exists in mainly product categories ranging from consumables to projects.

The second group of customers need 'consultative selling'. This will necessitate the marketing organisation to have analytical and intimate knowledge of the customer's requirements and provide a consultative edge to the total offering.

The third group of customers are the ones who need the 'enterprise sales effort' by which they may have a strategic association with the marketer. This approach must enable the marketer to bring in marketing efforts which may require inputs from numerous functional areas of the marketing and buying organisation. This finally results in offering the customer a strategic product. This approach directs to continuous improvement between the customer and the marketer. The 'Docutech' model of digital copier which was developed by Xerox for Boeing is a good instance of this approach.

These customer groups add a latest dimension to business-to-business marketing. The 'three-value philosophy' of purchasing organisations can as well help a marketer categorise buying centres according to the value expected by the organisation. There erstwhile a radical shift of the value concept in business-to-business marketing -- from the price performance equation to the three types of expectations based on the type of customers.

The suggestions of the shift in the value-orientation of buying organisations are that a marketing manager must be able to develop parameters for classifying buying organisations and train the sales force to cater to the three kinds of customer groups .

There is necessitating breaking away from the 'products-benefits-brand' sales pitch which is generally the approach in business-to-business marketing.

While the ideal approach perhaps the 'enterprise sales effort' this mayn't suit every customer. A marketing organisation may perhaps have to deal with all the three types of customer organisations and the respective buying centres. There is a need to developing strategies for all the customer groups and defines value for each of them.


Related Discussions:- Explain the typese of customers

Institutional framework , INSTITUTIONAL FRAMEWORK : Institutional framewor...

INSTITUTIONAL FRAMEWORK : Institutional framework for providing finance comprises Reserve Bank of India, Commercial Banks, Export Import Bank of India and Export Credit and Guaran

Insurance claims, INSURANCE CLAIMS : When there is a loss, the insured i...

INSURANCE CLAIMS : When there is a loss, the insured is to proceed to claim the loss recovery from the insurer. The cardinal principle about insurance claims is that the insured

Bill rate- exchange rate, Bill Rate : Bill rate may also be either bill ...

Bill Rate : Bill rate may also be either bill buying rate or bill selling rate. Let us discuss them in detail. i) Bill Buying Rate: This rate is applied when a foreign bill is p

Procedure to obtain export licence, Procedure to obtain Export Licence : An...

Procedure to obtain Export Licence : An application for grant of export licence in respect of items mentioned in the EXIM policy may be made in the prescribed form to the Director

What are the benefits of survey methods, What are the benefits of survey me...

What are the benefits of survey methods Survey methods provide several benefits, there are numerous limitations also. These limitations stem mostly from respondent errors, inst

Concise customer education, Here's where most advertisers fall down as well...

Here's where most advertisers fall down as well as you can stand head & shoulders above the crowd Tell your full story. Don't formulate people try to figure out on their own why th

Sources of literature, The sources of documentary information which can aid...

The sources of documentary information which can aid the process of locating literatures relating to selected research topics are: 1. Subject Catalogues of Libraries: These cata

Prescribed manner , Prescribed Manner : The manners in which the export pr...

Prescribed Manner : The manners in which the export proceeds are to be realised include: i) Payment should be received through an authorised dealer except in cases where genera

Differentiate between primary and secondary research, Question: The Bel...

Question: The Belle Mare water park was set up in 1999, with the objective of providing leisure facilities to Mauritians and tourists. The park did not enjoy the expected succ

Searching Market Research Tutor, Do you have any good tutor who can deliver...

Do you have any good tutor who can deliver assignment for Market Research ?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd