As
a marketer we are concerned with two types of marketing process i.e. consumer
marketing and industrial marketing. In industrial marketing customers are
organizations rather than individuals. Industrial marketing is different from
the consumer marketing on the view point of the nature of the customers and how
that customer uses the product. Industrial marketing is the process of
determining the needs and requirements of the commercial enterprises,
governments & institutions and developing the appropriate products,
services, prices, distribution channels and communications to satisfy their
requirements.
Industrial marketing lies between supplier and
industry.
So,
at last we can say that the process by which industrial marketer sale goods to
industrial buyers according to their needs and demands and satisfy them with
their requirement is called industrial marketing.
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