Principles of Marketing
Consumer Behavior and B2B Markets

Overview

Understanding how and why buyers make decisions is the heart of marketing. This topic compares the individual decision process of consumers with the multi‑person buying centers that typify business‑to‑business (B2B) markets.

Key Concepts

Step‑by‑Step Example

Scenario: PeopleFirst, a SaaS vendor, pitches its HR platform to MidTown Bank.

Step 1 — Map Buying Center: Initiator = HR VP, User = HR staff, Influencer = IT security officer, Gatekeeper = executive assistant controlling demos, Buyer = procurement, Decider = COO.

Step 2 — Identify Needs: Compliance reporting, self‑service portal, SOC‑2 security.

Step 3 — Tailor Value Prop: Emphasize audit automation (HR), single sign‑on (IT), 20 % cost saving (COO).

Step 4 — Reduce Risk: Offer pilot program and reference calls to satisfy influencer concerns.

Final Answer: By aligning messages to each role, PeopleFirst increases win probability in the complex B2B buying process.

Quick Tip

Create a customer journey map—visualizing touchpoints from awareness to loyalty reveals friction and informs content strategy.