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Explanation: Business-to-Business market where companies sell products and services to other companies, but not individual consumers.

Context: Technology firms often operate based on B2B markets, with the main customers are other businesses rather than end-users.

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Explanation: Demand of B2B markets depends on the demand from the end-consumer market.

Context: The demand from industrial robots is derived from the increasing demand for electric vehicles.

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Explanation: A buying center is a group of individuals within an organization who participate in or make purchase decisions.

Context: In complex B2B sales, the DMU may include purchasing managers, financial officers and engineering.

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Explanation: The unique benefit or advantage that a company promises to deliver to its customers.

Context: A strong value proposition help a supplier win competitive bids.

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Explanation: collaborative B2B relationship built on mutual trust, where both the buyer and seller work together over time for shared success, rather than focusing on single transactions.

Context: Great long-term relationships are key in tech, switching suppliers is a costly process.

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Explanation: B2B purchases often involve big money and strategic importance.

Context: Selling a turbine to a power plant is a high-value transaction requiring careful negotiation.

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Explanation: B2B products and solutions are often designed to customer`s specific needs.

Context: Software vendors often provide customized solutions for industrial clients.

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Explanation: Make a good relationship with customers and focus on developing than one-time transactions.

Context: Relationship in marketing ensure continued loyalty in highly competitive B2B sectors

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Explanation: Delivery products to the customers related to the network of suppliers, manufacturers, and distributors.

Context: Sales professionals need to clearly understand the customers and provide suitable solutions.

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Explanation: Indentifying potential new customers for a company`s products or services.

Context: Using prospecting techniques in sales to expand customers.

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Explanation: Evaluating a potential customer has a need/ demand, a budget and authority to buy.

Context: Before making a sale, the sales team must qualify the customer to ensure this is worth purchasing.

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Explanation: The sales team needs to focus on solving the customer`s problem rather than only selling a product.

Context: Solution selling is effective in B2B market where clients need integrated systems.

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Explanation: A formal request asking supplier to send detailed proposals on how they would deliver a project, product, or service.

Context: The sales team prepared a detail technical proposal in response to the customers RFP

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Explanation: The suppliers submit offers to win a contract.

Context: The company win the bidding process by offering high-quality service and cost effeciency.

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Explanation: The discussion between the buyer and seller to agree on the terms and conditions.

Context: Good skills negotiation for closing B2B deals.

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Explanation: The final step is important in the sales process that makes customers feel happy and agree to purchase.

Context: After the time discussions, the sales team closed the contract in successfully.

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Explanation: Providing services after sales as trainning , maintenance, careing 24/7.

Context: Strong post-sales support customers and secure repeat business.

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Explanation: The most important thing is keeping a good relationship with customers.

Context: KAM ensures that the largest clients receive the best delicated resources and personalized solutions.

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Explanation: The formal way companies use to purchase goods and services.

Context: Most companies sell to other businesses B2B firms follow strict procurement processes with formal evaluation criteria to choose products and services.

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Explanation: This is a way of attracting and capturing potential customers' interest in a product or service.

Context: In the tech market, companies commonly use digital marketing to find these potential customers.

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Explanation: The total worth or profit of a business can be earned from a customer over the entire period of their relationship with the company.

Example :A company selling industrial machines not only earns money from these machines but also gets a long-term of business through maintenance contracts and software updates.

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Explanation: This is a group as an organization that takes part in the purchasing decision.

Example: A large manufacturing factory buys an automation system for engineers ( user), procurement ( buyer), and administration (decision-makers)

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Explanation: All the costs of operating, maintaining a product or system until its entire lifecycle.

Example: A machine has an energy-efficient option to win the bids due to lower TCO than another cheaper but high electricity fee.