BUSINESS ADMINISTRATION
INTERNATIONAL MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Domestic, regional and international organizations.
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Small, medium and large enterprises.
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Commercial, government and institutional organizations.
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Small companies, large enterprises and not-for-profit organizations.
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Detailed explanation-1: -To help you get a better idea of the different types of business customers in B2B markets, we’ve put them into four basic categories: producers, resellers, governments, and institutions.
Detailed explanation-2: -They include wholesalers, brokers, and retailers. Walmart and Target are two big retailers you are familiar with. Large wholesalers, brokers, and retailers have a great deal of market power. If you can get them to buy your products, your sales can exponentially increase.
Detailed explanation-3: -There are mainly three types of B2B sales: supply sales, distribution sales, and service sales.
Detailed explanation-4: -They include wholesalers, brokers, and retailers. Local, state, and national governments purchase large quantities of goods and services. Institutional markets include nonprofit organizations such as the American Red Cross, churches, hospitals, charitable organizations, private colleges, civic clubs, and so on.