Adoption process

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Information about Adoption process

Published on March 15, 2014

Author: TejKiran2


 Awareness  Interest  Evaluation  Trial  Adoption

 Relative advantage  Compatibility  Complexity  Divisibility  Communicability

 Market Structure & demand  Fewer but larger buyers  Derived demand  More inelastic market (to price changes)  Fluctuates more (demand)  Nature of buying unit  Involves more buyers  More professional purchasing effort

 Types of decisions & decision process  Biz buyers usually face more complex buying decisions  Buying process is more formalized  Buyers & sellers work closely together & buid close long term relationships

 These are individuals within an organization who participate in making a given purchase decision.  These often function as buying centers  The final purchase decision is made determined in part by individual power, expertise, the degree of influence each functional area possesses  DMUs are largest in Product Introduction stage and become smaller as the stages progress.

Straight Modified NewTask Rebuy Rebuy

 Users  Influencers  Buyers  Deciders  Gatekeepers

Buying on the internet  Reverse auctions  Trading exchanges  Company buying sites ( ex GE )  B-to-B marketers Advantages  Cost effective  Time saving  Frees purchasing people to focus on more strategic issues

 Schools, nursing homes, hospitals, etc that provide services and goods to people in their care.

 Federal, state and local – Govt units that purchase or rent goods & services for carrying out the main functions of the Govt  Some like Tata Motors, Kodak and Goodyear have established separate govt marketing departments

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