5 B2B Buyer Seller Relationship

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Buyer Seller Relationship Industrial buyer-seller relationship should be a mutually satisfying, profitable, long-term relationship This requires acquiring right customers, creating value, managing: uncertainty, lack of trust, power conflicts and disagreements

Transcript of 5 B2B Buyer Seller Relationship

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Buyer Seller Relationship

Industrial buyer-seller relationshipshould be a mutually satisfying,profitable, long-term relationshipThis requires acquiring right customers,creating value, managing: uncertainty,lack of trust, power conflicts anddisagreements

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Buyer Seller Relationship

Stages: Five StagesPre-relationship stageExploratory stageDevelopment stageStable stageFinal stage ± Long-term mutually benefiting

relationship

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T ypes of Relationship

T ransactional relationships

Reciprocal relationshipsCollaborative Relationships ± Building economic, technological and

social ties

Alliances ± T o develop competitive advantage in

quality, innovation and cost

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Role of Sales Representatives

Information exchange

Participating in negotiationsResolving conflictsCrisis management

Social relationship