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Introduction
Industrial buying are subject to many
influences. Some marketers assume that the
major influences are economic. They think
buyers will favor the suppliers who offers the
lowest price or the best product or the most
service. There are some major influences listed
below.
Major Factors Influencing Industrial
Buying
•
•
•
•

Environmental
Organizational
Interpersonal
Individual
Environmental

Organizational Factors

Interpersonal

Individual

• Economic
Developments
• Technological
Changes
• Political and
Regulatory
developments
• Competitive
developments
• Culture and
Customs

•
•
•
•

•
•
•
•

•
•
•
•
•
•

Objectives
Policies
Procedures
Organizational
Structure
• Systems

Authority
Status
Empathy
Persuasiveness

Age
Income
Education
Job Position
Personality
Attitudes
Environmental Factors
Business buyers are heavily influenced by factors
in the current and expected economic
environment , such as level of primary demand ,
the economic outlook etc. Business buyers are
also affected by technological , political and
competitive developments in the environment .
The business buyers must watch these factors ,
determine how they will affect the buyer and
try to turn these challenges into opportunities.
Organizational Factors
Each buying organization has its own objectives ,
policies , procedures , structure and systems and
the business marketer must understand these
factors well. Questions can arise : how many
people are involved in the buying decision ?;
who are they ? What are the evaluative criteria ?
What are the company’s policies and limits on
its buyers ?
Interpersonal Factors
The buying center usually includes many
participants who influence each other , so
interpersonal factors also influence the business
buying process. Participants may influence the
buying decision process because they control
rewards and punishments , are well liked , have
a special relationship with other important
participants. Business marketers must try to
understand these factors and design strategies
that take them into account
Individual Factors
Each participants in the business buying decision
process brings in personal motives , perceptions
and preferences. These individual factors are
affected by personal characteristics such as age
income ,education , professional identification ,
personality and attitudes towards risks.

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Factors influencing industrial buying (ism)

  • 1. Introduction Industrial buying are subject to many influences. Some marketers assume that the major influences are economic. They think buyers will favor the suppliers who offers the lowest price or the best product or the most service. There are some major influences listed below.
  • 2. Major Factors Influencing Industrial Buying • • • • Environmental Organizational Interpersonal Individual
  • 3. Environmental Organizational Factors Interpersonal Individual • Economic Developments • Technological Changes • Political and Regulatory developments • Competitive developments • Culture and Customs • • • • • • • • • • • • • • Objectives Policies Procedures Organizational Structure • Systems Authority Status Empathy Persuasiveness Age Income Education Job Position Personality Attitudes
  • 4. Environmental Factors Business buyers are heavily influenced by factors in the current and expected economic environment , such as level of primary demand , the economic outlook etc. Business buyers are also affected by technological , political and competitive developments in the environment . The business buyers must watch these factors , determine how they will affect the buyer and try to turn these challenges into opportunities.
  • 5. Organizational Factors Each buying organization has its own objectives , policies , procedures , structure and systems and the business marketer must understand these factors well. Questions can arise : how many people are involved in the buying decision ?; who are they ? What are the evaluative criteria ? What are the company’s policies and limits on its buyers ?
  • 6. Interpersonal Factors The buying center usually includes many participants who influence each other , so interpersonal factors also influence the business buying process. Participants may influence the buying decision process because they control rewards and punishments , are well liked , have a special relationship with other important participants. Business marketers must try to understand these factors and design strategies that take them into account
  • 7. Individual Factors Each participants in the business buying decision process brings in personal motives , perceptions and preferences. These individual factors are affected by personal characteristics such as age income ,education , professional identification , personality and attitudes towards risks.