In terms of the amount of business conducted, the b2b market is more condensed and concentrated than the U.S. consumer market.
B2B is an acronym for Business to Business which means that if a product or service is sold from one company to another.
<h2>Further Explanation
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The purpose of a business is to serve the needs of customers and try to make a profit. In general, everyone runs a business because he sees an opportunity to create goods or services that have not been offered by other companies. It also can be influenced by the desire to produce goods that are cheaper than other companies. Thus, the opportunity to get profit can be more open because it can provide goods and services for consumers.
Business to Business is a business transaction that is carried out electronically or physically and occurs between one business entity to another. B2B is the sale of products or services provided by one business and is intended for other businesses, not to consumers.
Contrary to Business to Business, Business to Customer is a business that provides services or sales of goods or services to individual consumers or groups directly. In other words, this type of business is directly related to consumers, not companies or other businesses.
Business to Business marketing strategy is how you can make prospective customers trust the quality of your brand. Therefore, you must strengthen the quality of your business. How the quality of the product, quality of service, to communicate with your customers must continue to be improved. When your customers are business or other companies, then you have to build strong relationships in this business sector.
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Details
Class: High School
Subject: Business
Keyword: B2B, marketing, strategy
