naics breakdown for broadcasting and telecommunications industries

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1 © IRWIN a Times Mirror Higher Education Group, Inc., company 1997 NAICS breakdown for broadcasting and telecommunications industries Broadcasting and telecommunications Radio and television broadcasting Wire telecommunication carriers Paging Cable networks and program distribution Telecommunications Wireless telecommunication carriers, except satellite paging Telecommunications resellers Satellite telecommunications Other telecommunications Cellular and othe wireless telecommunication 2 Digit Industry Subsector 3 Digit Industry Group 4 Digit Industry 5 Digit U.S. National Indust

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NAICS breakdown for broadcasting and telecommunications industries. 3 Digit Industry Group. 4 Digit Industry. 5 Digit U.S. National Industry. 2 Digit Industry Subsector. Broadcasting and telecommunications. Radio and television broadcasting. Wire telecommunication carriers. Paging. - PowerPoint PPT Presentation

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Page 1: NAICS breakdown for broadcasting and telecommunications industries

1© IRWIN a Times Mirror Higher Education Group, Inc., company 1997

NAICS breakdown for broadcasting and telecommunications industries

Broadcasting andtelecommunicationsBroadcasting andtelecommunications

Radio and televisionbroadcastingRadio and televisionbroadcasting

Wiretelecommunicationcarriers

Wiretelecommunicationcarriers

PagingPaging

Cable networks andprogram distributionCable networks andprogram distribution

TelecommunicationsTelecommunications

Wirelesstelecommunicationcarriers, exceptsatellite paging

Wirelesstelecommunicationcarriers, exceptsatellite paging

TelecommunicationsresellersTelecommunicationsresellers

SatellitetelecommunicationsSatellitetelecommunications

OthertelecommunicationsOthertelecommunications

Cellular and otherwirelesstelecommunications

Cellular and otherwirelesstelecommunications

2 DigitIndustry Subsector

3 DigitIndustry Group

4 DigitIndustry

5 DigitU.S. National Industry

Page 2: NAICS breakdown for broadcasting and telecommunications industries

2© IRWIN a Times Mirror Higher Education Group, Inc., company 1997

Key characteristics of organizational buying behavior (first part)

Market Characteristics– Demand for industrial products and services

is derived.

– Few customers typically exist, and their purchaseorders are large.

Product or Service Characteristics– Products or services are technical in nature and

purchased on the basis of specifications.

– There is a predominance of raw and semifinishedgoods purchased.

– Heavy emphasis is placed on delivery time, technical assistance, postal service, and financing assistance.

Page 3: NAICS breakdown for broadcasting and telecommunications industries

3© IRWIN a Times Mirror Higher Education Group, Inc., company 1997

Key characteristics of organizational buying behavior (final part)

Buying Process Characteristics– Technically qualified and professional buyers exist and follow

established purchasing policies and procedures

– Buying objectives and criteria are typically spelled out, as are procedures for evaluating sellers and products (services).

– Multiple buying influences exist, and multiple parties participatein purchase decisions.

– Reciprocal arrangements exist, and negotiation between buyersand sellers is commonplace.

Other Marketing Mix Characteristics– Direct selling to organizational buyers is the rule, and physical

distribution is very important

– Advertising and other forms of promotion are technical in nature.

– Price is often negotiated, evaluated as part of broader seller and product (service) qualities, typically inelastic owing to deriveddemand, and frequently affected by trade and quality discounts.

Page 4: NAICS breakdown for broadcasting and telecommunications industries

4© IRWIN a Times Mirror Higher Education Group, Inc., company 1997

Key organizational buying criteria

QualitySpecifications

TechnicalCapability

PastPerformance

OrganizationalOrganizationalBuying CriteriaBuying Criteria

DeliverySchedulesPrice

Warranty/Claim Policies

ProductionFacilities/Capacity

Page 5: NAICS breakdown for broadcasting and telecommunications industries

5© IRWIN a Times Mirror Higher Education Group, Inc., company 1997

Five roles in the buying center

DecisionDecisionMakerMaker

InitiatorInitiator UserUser

InfluencerInfluencer GatekeeperGatekeeper

Page 6: NAICS breakdown for broadcasting and telecommunications industries

6© IRWIN a Times Mirror Higher Education Group, Inc., company 1997

Three types of buying situationsD

ecis

ion

tim

e an

d p

rob

lem

def

init

ion

Short/well defined

Few ManyNumber of people in buying centerand number of suppliers considered

Straightrebuy

Straightrebuy

Modifiedbuy

Modifiedbuy

Newbuy

Newbuy

Long/uncertain