Business Products
Products commonly purchased by businesses include parts, materials, machines, equipment, software, vehicles, furnishings, office supplies and food.Value Added Resellers
In some cases, a consumer product is sold to a value added reseller who adds something to the product before selling it to the end customer. For example, a bicycle manufacturer may sell to a bicycle rental service that adds value to the product by offering convenient locations, short term rentals, maintenance and support.Business Services
Business services are goods that offer intangible value such as processes, outcomes, experiences, knowledge and results to an organization. For example, software may be sold as a service that includes management, operation and support.Outsourcing
Outsourcing is a business service that conducts elements of a firm's business on their behalf. For example, a manufacturer may outsource customer service to an external partner.Consulting
Consulting is a business-to-business service that provides advice and work products for a fee.Professional Services
Professional services such as the services of an accountant or lawyer are similar to consulting but imply a greater level of responsibility.Consumer Products & Services
It is increasingly common for businesses to purchase products and services that are designed for consumer use. Such products may be specially marketed to businesses or repacked as a business version. For example, business class flights are essentially an upgraded business version of a consumer service.| Overview: Business-to-Business Definition | ||
Type | ||
Definition | A business model that involves marketing products and services to organizations. | |
Also Known As | B2B | |
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