What Do B2B & B2C mean?

What Do B2B & B2C mean? thumbnail
Understanding the customer is the key to marketing success.

Successful companies know their customers. Marketers use a variety of sales tactics, depending on who they’re trying to reach. Some companies market to other companies, while some companies market to individuals.

  1. Business-to-Business Marketing

    • “B2B” is a marketing term that means “business-to-business.” This term is used to describe the process of businesses selling to other businesses, rather than to individuals.

    Business-to-Consumer Marketing

    • In marketing, “B2C” describes methods companies use to market to individuals. This term stands for “business-to-consumer.”

    B2B Tactics

    • B2B marketing is targeted toward a company's buying team. Sales representatives appeal to companies to carry products by presenting the decision makers with solutions, incentives and benefits of using a particular item.

    B2C Tactics

    • B2C marketing is directed to end users of a particular product. Consumers generally see B2C marketing, which includes advertising on television, radio or in print.

    Benefits

    • Benefits of both types of marketing include product awareness and increased sales.

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References

  • Photo Credit The Fish Market in Le Touquet covered market. image by Cat Lover from Fotolia.com

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