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Yonsei University
International B2B (Business to Business) Marketing
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Yonsei University

International B2B (Business to Business) Marketing

This course is part of International Marketing & Cross Industry Growth Specialization

Dae Ryun Chang

Instructor: Dae Ryun Chang

36,112 already enrolled

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3 modules
Gain insight into a topic and learn the fundamentals.
4.6

(591 reviews)

1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace
95%
Most learners liked this course

3 modules
Gain insight into a topic and learn the fundamentals.
4.6

(591 reviews)

1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace
95%
Most learners liked this course
  • About
  • Outcomes
  • Modules
  • Recommendations
  • Testimonials
  • Reviews

Skills you'll gain

  • Purchasing
  • B2B Sales
  • Innovation
  • Global Marketing
  • Value Propositions
  • Business-To-Consumer
  • Market Opportunities
  • Growth Strategies
  • Target Market
  • Product Marketing
  • Business Strategies
  • Marketing
  • Business Marketing
  • Promotional Strategies
  • Marketing Communications
  • Marketing Channel
  • Marketing Strategies

Details to know

Shareable certificate

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Assessments

5 assignments¹

AI Graded see disclaimer
Taught in English

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Build your subject-matter expertise

This course is part of the International Marketing & Cross Industry Growth Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate

There are 3 modules in this course

This course offers a unique perspective into the differentiating aspects of business to business (B2B) marketing that can be contrasted to traditional business to consumer (B2C) marketing that is the subject of most other marketing curricula. Moreover, as one of the courses in the Specialization: International Marketing & Cross Industry Growth, here too there is an emphasis on how companies can expand by cross-country and cross-industry innovation.

By taking this course learners will obtain the following outcomes: (1) understand the differences between B2C and B2B marketing. (2) approach marketing problems from an inter-organizational perspective, in particular, learn about decision making at buying centers. (3) innovate B2B marketing via a CCCI, i.e. Cross Country & Cross Industry Innovation approach. (4) gain insights about CCCI Innovation and best practices via interviews with top B2B industry experts.

During Week 1, learners will obtain a fundamental and solid understanding of the characteristics of business to business (B2B) marketing. Some key constructs such as the buying center is used to explain the complex web of interactions that occur when B2B marketing takes place. The first week will offer learners very practical methods that they can use to proactively market to B2B customers such as the 4W's Approach. This week learners will also "learn" from the experience of two practitioners, Alex Teo and Prasanna Meduri who discuss B2B marketing in international markets and how it is changing. There is a practice quiz and a graded quiz in Week 1 for learners to accustom themselves to a formal evaluation of basic B2B marketing knowledge acquisition.

What's included

7 videos5 readings2 assignments1 peer review2 discussion prompts

7 videos•Total 48 minutes
  • Introduction to Specialization•3 minutes
  • 1.1 Introduction to Course•1 minute
  • 1.2 What is B2B Marketing? Part1•8 minutes
  • 1.3 What is B2B Marketing? Part2•9 minutes
  • 1.4 B2B: Push & Pull and the 4W’s Approach•8 minutes
  • 1.5 Expert B2B Interview with Alex Teo and Prasanna Meduri Part1•9 minutes
  • 1.6 Expert B2B Interview with Alex Teo and Prasanna Meduri Part2•7 minutes
5 readings•Total 50 minutes
  • Syllabus•10 minutes
  • Let's Connect on Social Media•10 minutes
  • Slides•10 minutes
  • Recommended Reading on Noon Nopi•10 minutes
  • References•10 minutes
2 assignments•Total 60 minutes
  • Lesson 1 Practice Quiz•30 minutes
  • Lesson 1 Graded Quiz•30 minutes
1 peer review•Total 120 minutes
  • Optional Peer Review on the 4W's Approach•120 minutes
2 discussion prompts•Total 20 minutes
  • What do you think defines B2B, i.e. Business to Business Marketing?•10 minutes
  • What are the advantages of using a 4W Approach?•10 minutes

During Week 2, learners will begin to dive more in depth to the specific B2B marketing elements, i.e. product, price, place and promotion. For product marketing, the key emphasis will be on how customer needs are defined in the organization during the total buying process. For price marketing, given the B2B2C nature of including the end-user, price and value, as well as costs, can be varied depending on the application. For place marketing, based on the principle that distribution is the analysis of service or functions demanded by the customer, learners will understand when and how the total channel can be designed by the various channel members including the manufacturer. For promotion marketing, boxing is used as an analogy of the combination and sequence of communication tools that a marketer can use to gain attention, instill interest, stir desire and finally move customers to action. There is a practice quiz and a graded quiz in Week 2 for learners to accustom themselves to a formal evaluation of B2B marketing mix knowledge acquisition.

What's included

8 videos3 readings2 assignments4 discussion prompts

8 videos•Total 61 minutes
  • 2.1 B2B: Product Marketing Part1•8 minutes
  • 2.2 B2B: Product Marketing Part2•7 minutes
  • 2.3 B2B: Price Marketing Part1•7 minutes
  • 2.4 B2B: Price Marketing Part2•9 minutes
  • 2.5 B2B: Promotion Marketing Part1•8 minutes
  • 2.6 B2B: Promotion Marketing Part2•6 minutes
  • 2.7 B2B: Place Marketing Part1•6 minutes
  • 2.8 B2B: Place Marketing Part2•7 minutes
3 readings•Total 30 minutes
  • Slides•10 minutes
  • Recommended Reading on Marketing Strategy•10 minutes
  • References•10 minutes
2 assignments•Total 60 minutes
  • Lesson 2 Practice Quiz•30 minutes
  • Lesson 2 Graded Quiz•30 minutes
4 discussion prompts•Total 40 minutes
  • What are some Key B2B Product Marketing Issues?•10 minutes
  • What are some key B2B Pricing Issues?•10 minutes
  • Why is Boxing a good analogy for B2B Promotion?•10 minutes
  • When to go direct and when to go via middlemen?•10 minutes

During Week 3, the course concludes with how companies can pursue CCCI Growth, i.e. Cross Country and Cross Industry Growth in B2B Marketing. In Cross Country Growth learners will recap the initial issue of testing the validity of going abroad and if found, how to proceed. In Cross Industry Growth, learners will discover that the fundamental definition of B2B2C, i.e. the variation of applications of B2B products lend themselves to Cross Industry Growth possibilities. In Week 3, learners will also "learn" from the Cross Country and Cross Industry Innovation experience at Rolls Royce (Aero Engines), and ThyssenKrupp (Elevators) via interviews with Dr. Alex Jun and Mr. Wayne Park. There is a final quiz to assess the cumulative learning for the International B2B Marketing course.

What's included

8 videos2 readings1 assignment2 discussion prompts

8 videos•Total 67 minutes
  • 3.1 B2B: Cross Country Growth Part1•9 minutes
  • 3.2 B2B: Cross Country Growth Part2•10 minutes
  • 3.3 B2B: Cross Industry Growth Part1•10 minutes
  • 3.4 B2B: Cross Industry Growth Part2•9 minutes
  • 3.5 Expert Interview with Rolls Royce International (Dr. Alex Jun) Part1•8 minutes
  • 3.6 Expert Interview with Rolls Royce International (Dr. Alex Jun) Part2•8 minutes
  • 3.7 Expert Interview with ThyssenKrupp (Mr. Wayne Park)•10 minutes
  • Instructor's Thank You•0 minutes
2 readings•Total 20 minutes
  • Slides•10 minutes
  • References•10 minutes
1 assignment•Total 30 minutes
  • Final Graded Quiz•30 minutes
2 discussion prompts•Total 20 minutes
  • Does culture matter in B2B Marketing?•10 minutes
  • Should Service and Product be separated?•10 minutes

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Instructor

Instructor ratings

Instructor ratings

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4.7 (95 ratings)
Dae Ryun Chang
Dae Ryun Chang
Yonsei University
7 Courses•89,859 learners

Offered by

Yonsei University

Offered by

Yonsei University

Yonsei University was established in 1885 and is the oldest private university in Korea. Yonsei’s main campus is situated minutes away from the economic, political, and cultural centers of Seoul’s metropolitan downtown. Yonsei has 3,500 eminent faculty members who are conducting cutting-edge research across all academic disciplines. There are 18 graduate schools, 22 colleges and 133 subsidiary institutions hosting a selective pool of students from around the world. Yonsei is proud of its history and reputation as a leading institution of higher education and research in Asia.

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4.6

591 reviews

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P
PM
5

Reviewed on Jun 18, 2020

very insightful and the expert talks gave a more in-depth understanding of the concepts from an actual industry perspective

E
EO
4

Reviewed on Nov 19, 2023

Please consider using content and company examples from 2020 onwards. Content pre-2020 may not be applicable to this day-and-age and advent of covid-19 and era of AI.

M
MG
5

Reviewed on Sep 15, 2017

The topic was tough, the instructor has made it easy to understand and interesting as well. Thank you for teaching me. I am indebted.

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