So
Business Markets does not really come under the purview of my product because
for lipton, its consumers who are their main source of revenue and not other
businesses.
Business
Markets behave and react differently as compared to consumer markets.
Business
Markets
|
Consumer
Markets
|
More
rational in their buying behavior
|
More
irrational in their buying behavior
|
Not
the source of demand
|
The
demand is derived from consumers
|
More
systemized and organized
|
More
unorganized as compared to Businesses but still has a structure
|
Personal
Relations play in important role
|
Personal
Relations are not required, just the mirage of personal interactions are
needed.
|
Fewer
sellers & buyers
|
More
sellers and buyers
|
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