Asked by Kaleigh LaPierre on Jun 03, 2024
Verified
Generally, less money is spent on advertising in B2B markets than in B2C markets because
A) B2B marketing usually involves more personal selling.
B) B2B marketing is too expensive to use advertising.
C) business customers prefer incentives.
D) B2B markets are too homogeneous to use advertising.
E) publicity is the most effective advertising in B2B markets.
B2B Markets
Encompasses the transaction of goods and services between businesses rather than between businesses and consumers.
Personal Selling
A promotional strategy where sales representatives interact directly with potential customers to explain product benefits and persuade them to make a purchase.
Advertising
The activity or profession of producing advertisements for commercial products or services to inform or attract potential customers.
- Realize the differences in advertising approaches between B2B and B2C markets.
Verified Answer
Learning Objectives
- Realize the differences in advertising approaches between B2B and B2C markets.
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