B2B Marketing Process: Presented By

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B2B Marketing Process

Presented by:Kumar Abhishek Jyoti Prashant IFIM B School, Banglore

Introduction :-

John Fowler is a pioneer in the field of filters and filtration systems in India and is in operation since 1953. It caters to a wide product range for Internal Combustion Engines and Industrial applications , John Fowler caters to the requirements of several reputed OEMs. Certified for ISO 9001:2000 - Quality Management System and ISO 14001:2004- Environmental Management System.

The company has a huge market in India ,SAARC countries , U.S.A


,Australia and Sweden.

Concepts covered :
Vendor-buyer relationships, products specifications, segmentation techniques, pricing strategies, commercial terms , distribution channel, people , DMU, promotional strategies, new product development , CRM strategies, buying situation , bulk buying.

Motivation:-

Leading B2B player in filters , Existing contact.

Expectations:-

Was to understand the entire buying process of this company, the CRM techniques and something new which we are not aware of .
Sandeep kumar singh Assistant technical marketing manager

Respondent :-

Product Mix :-

Engine Housing

Off highways products

Filters

Agricultural machineries Industrial division

Tractor manufacturing

Automotive division
Fuel filters Oil filters Hydraulic filters Air filters

Tata

Ashok Leyland

Escorts

Components Paper

Vendors:Vendors
Senapati whiteline

Inner cotton
Cover plate Springs Outer cotton Bowl

Ramson industries
Jagan industries Sunderam fasteners Sumco industries Jagat Industries

Customers:-

Bharat earth movers

Tata

Bosch

TVS

Maruti suzuki

Segmentation:Macro level segmentation :- On the basis of end use application

Sports utility vehicles Off-highway applications - earth moving equipment, drill rigs, compressors, tractors, etc.

Railways locomotives. Two wheelers vehicle.


Other sectors such as power, aviation, electronics, petroleum, space, pharmaceuticals, biotechnology etc.

Pricing strategies:Negotiable pricing based on RFQ

Clients
Contract manufacturing MHIL Bosch Gulf TVS GATES TATA Maruti ESCORT

Quantity supplied/month
5000 2,00,000 30,000 50,000 20,000 50,000 90,000 1,00,000

Price/unit
52/44/58/46/53/-

Buying situation:- Modified re-buy, New buy. Depends on changes in OEMs & market trends.

Commercial terms:Online bidding. Credit terms:- 30 days. Payment criteria:- Accepts RTGS & NTFS transfers only. Distribution channel :Sales force for JF brand only. Dealers Ex-works for OEMS

People:-

Around 95 % workforce is Core mechanical engineers.

Promotional strategies:Print media Direct marketing Promotional schemes for mechanics.

Internal process:ERP implemented


SAP tool implemented for both vendors and JF. Online order and quality check for customers.

Vendors meet to make aware of product ranges and to bring changes in it.
Dealers meet to strengthen the distribution network.

CRM Strategies:In case of any quality issue , has to be resolved within 24 hrs. Excellent quality control. Customers are our brand ambassadors Product to deliver safe and trouble free experience for the customers Meeting better than customer expectations every time Placing customers needs first

New product development review:strives continuously to develop new products in the field of filtration to keep pace with latest market requirements. The design department is equipped with the latest CADD systems and technical data base. to develop new products as per customer's requirements quickly with optimal design and assured performance.

DMUs:-

DMU
Marketing department

Purchase & quality dept.

R&D department

Cost benefit analysis & comparative study with existing suppliers

Purchase department

Marketing department

Learning outcomes

In depth concept learning of B2B marketing process of JF.


Research findings did match with the concepts taught in the classroom which supports our understanding of basics of B2B marketing. How to make the purchase order.

The format of Invoice.


Contract manufacturing.

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