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The marketing of a consumer product like soap and industrial equipment like soap manufacturing
machinery involves distinct approaches due to the nature of the products and their target markets.
*Product:* For soap, the focus is on the features, fragrance, and benefits for the end consumer. In
contrast, soap manufacturing machinery marketing emphasizes technical specifications, efficiency,
and production capabilities to appeal to businesses.
*Price:* Consumer soap pricing considers affordability and perceived value, while soap machinery
pricing reflects the machinery's complexity, technology, and long-term cost-effectiveness.
*Place:* Consumer soap is distributed through retail channels, emphasizing visibility and
accessibility. Soap manufacturing machinery is distributed through specialized channels targeting
businesses, involving direct sales and partnerships with industrial suppliers.
*Promotion:* Consumer soap relies on advertising through mass media and social platforms to reach
the general public. In contrast, soap machinery marketing involves targeted campaigns, trade shows,
and industry publications to reach key decision-makers in manufacturing businesses.
A relevant B2B buying model for a transport firm purchasing vehicles is the "Supplier Evaluation and
Selection" model. In this model, the firm assesses potential suppliers based on various criteria such
as product quality, pricing, delivery capabilities, and after-sales service. For a transport firm
purchasing 15 vehicles for operation in hilly terrains (H.P. and J&K), factors like durability, fuel
efficiency, and adaptability to challenging terrains become crucial. The firm might also consider the
supplier's reputation, warranty, and support services, given the specific demands of operating in
such geographical conditions.
Assuming a nested approach to segmentation, the market for Usha Fans in Delhi-NCR can be
segmented based on multiple factors:
- **Geographic Segmentation:** Divide the market based on locations within Delhi-NCR, considering
factors like urban and suburban areas.
- **Behavioral Segmentation:** Consider factors like buying behavior, product usage patterns, and
brand loyalty.
By combining these factors, you can identify specific segments such as urban professionals aged 25-
40 with higher incomes who prioritize energy-efficient and stylish fans.
a) Various online B2B marketing strategies include content marketing, social media advertising,
email campaigns, search engine optimization (SEO), and participation in online industry forums.
These strategies aim to enhance brand visibility, engage the target audience, and establish thought
leadership.
- **Content Marketing:** Share insightful articles and whitepapers on financial consulting topics.
- **Social Media:** Utilize platforms like LinkedIn to connect with businesses, share industry
insights, and promote services.
- **SEO:** Optimize the website for relevant keywords to ensure visibility in search engine results.
- **Online Advertising:** Use targeted online ads on platforms where the target audience is likely to
be present.
OR
- **Buying Orientation:** Focuses on obtaining products at the lowest cost, often associated with a
short-term perspective, and may compromise on quality or long-term relationships.
- **Procurement Orientation:** Involves strategic sourcing, considering factors beyond cost, such as
supplier relationships, quality, and long-term value. It emphasizes collaboration and efficiency in the
procurement process.
- **Value-Based Supply Chain Orientation:** Extends the perspective beyond procurement to the
entire supply chain, emphasizing collaboration, innovation, and creating value for all stakeholders. It
involves long-term partnerships and considers social and environmental factors.