Powered by Leeds Metropolitan University

The new tutor2u website is now in Beta with all-new revision materials for you.

Visit the new tutor2u website here


Buying - Introduction

Author: Jim Riley  Last updated: Sunday 23 September, 2012

An important part of the marketing process is to understand why a customer or buyer makes a purchase.

Without such an understanding, businesses find it hard to respond to the customer’s needs and wants.

Marketing theory traditionally splits analysis of buyer or customer behaviour into two broad groups for analysis – Consumer Buyers and Industrial Buyers

Consumer buyers are those who purchase items for their personal consumption

Industrial buyers are those who purchase items on behalf of their business or organisation

Businesses now spend considerable sums trying to learn about what makes “customers tick”. The questions they try to understand are:

• Who buys?
• How do they buy?
• When do they buy?
• Where do they buy?
• Why do they buy?

For a marketing manager, the challenge is to understand how customers might respond to the different elements of the marketing mix that are presented to them.

If management can understand these customer responses better than the competition, then it is a potentially significant source of competitive advantage.

Add your comments and share this study note:

blog comments powered by Disqus


Tutor2u support for students
Teaching support and resources
Search for resources on tutor2u

Refine Search by Subject
A Level Economics
Business Studies
Geography Give It A Go!
History Law
IB Diploma Politics
Religious Studies Sociology

Order Search Results By

Follow tutor2u on Twitter

tutor2u Home Page | Online Store | About tutor2u | Copyright Info | Your Privacy | Terms of Use


Boston House | 214 High Street | Boston Spa | West Yorkshire | LS23 6AD | Tel +44 0844 800 0085 | Fax +44 01937 529236

Company Registration Number: 04489574 | VAT Reg No 816865400