Developing business relationships

Beschreibung

Relationship between buyers and sellers can vary from single time transactions to long-term relationships. These two approaches represent different points of view in the buyer-seller interactions.
Mariana Franco1567
Mindmap von Mariana Franco1567, aktualisiert more than 1 year ago
Mariana Franco1567
Erstellt von Mariana Franco1567 vor fast 9 Jahre
9
0

Zusammenfassung der Ressource

Developing business relationships
  1. Relationship between buyers and sellers
    1. Transaction based
      1. Focused on making the sale.
        1. The manufacturers don’t take the time to build a relationship.
      2. Relationship based
        1. Focused on long-lasting relationships
          1. It must infiltrate every level of contact with a current or potential customer, from the sales staff to point-of-sale displays to customer service representatives
      3. Relationship building
        1. Awareness--The company and the client must identify and qualify the potential outcomes and prospects of the relationship.
          1. Exploration—The Company and the client must analyze the costs and benefits of collaborating with each other, in order to satisfy their needs and capabilities.
            1. Expansion--The relationship between the company and the client deepens.
              1. Commitment—Both parties deepen their relationship by sharing information, goals, interests, etc.. Focus on achieving mutual benefits.
                1. Dissolution- This phase may or may not occur. If it occurs the relationship between the parties is over.
                Zusammenfassung anzeigen Zusammenfassung ausblenden

                ähnlicher Inhalt

                Forms of Business Ownership Quiz
                Noah Swanson
                Unit 3 Business Studies
                Lauren Thrower
                Contract Law
                sherhui94
                AQA Business Unit 1
                lauren_binney
                Digital Marketing Strategy - The Essentials
                Micheal Heffernan
                What is Marketing?
                Stephanie Natasha
                Chapter 18 - Marketing mix(Product & Price)
                irene floriane
                Market Segementation
                Noah Swanson
                Business Studies - AQA - GCSE - Business Studies Key Terms
                Josh Anderson
                Business Marketing
                s1500782
                3. Enterprise, business growth and size
                shlokashetty98