7-4: B2B Marketing Students must understand the distinction between
B2B and B2C.
If the people in the picture purchase lemons to
make lemonade for themselves, they are engaging
in a B2C transaction.
If the boy buys them to make lemonade to sell to
others, it is a B2B transaction.
7-5: B2B Markets A wide range of businesses participates in B2B
transactions.
This web link is to the census page, which
contains all the details on the North American
Industry Classification System—the
government’s method of classifying business
activity.
7-6: Manufacturers and Service
Providers
When a company like Burt’s Bees buys raw
materials to make their products, it is a B2B
purchase.
When they sell the products to the retailer, it is
B2B, when the retailer sells to the end consumer,
it is B2C.
This YouTube link (always check before class) is
to a video clip previewing a gear tradeshow.
Tradeshows are common for B2B selling and
allow manufacturers to see new raw materials and
for resellers to see new products.
Ask students: Have you attended any B2B
tradeshows?
If so, what typically happens, what is the
environment, what did they learn at the show?