Monday, 22 September 2014

ANALYSING BUSINESS MARKETS

ANALYSING BUSINESS MARKETS

Participants in the Business Buying Process:

  1. Initiators: People from the Organisation who request or convince to buy; Salesmen, Marketers
  2. Users: The Buyers
  3. Influencers: People who influence the Buying Decision; Budget decision maker
  4. Deciders: People who decide on product requirements; can be kids or elders who dirty their clothes, can be homemakers who keep a check on supplies
  5. Approvers: People who agree or approve the buying
  6. Buyers: buyers might include high-level managers
  7. Gatekeepers: People who disrupt the buying.

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