For undergraduate and MBA
courses in business-to-business marketing or industrial marketing.
Business Market Management
explores the process of understanding, creating and delivering value to targeted business
markets and customers. It provides an analytical framework for determining value. This
framework rests on extensive management practice and academic research. The Second Edition
makes it easier to use this approach by spending more time on "how to do it:" how to
bring out value propositions.
Features
NEW - Increased coverage of
the process for actually putting together value propositions. Helps students put the
value model to work.
NEW - Extensive coverage of
how the Internet has changed business-to-business marketing. Provides
fully-developed coverage of such things as e:-procurement, Internet auctions, and the
extensive use of extranets.
NEW - Analysis of brands and
business markets. Shows students how brands differ from value, in that brands are
more of a promise of performance.
Principles and best
practices of business market management viewed from an international-rather than purely
American-perspective.
Table
of Contents
I. INTRODUCTION AND
OVERVIEW.
1. Business Market
Management: Guiding Principles.
II. UNDERSTANDING VALUE.
2. Market Sensing:
Generating and Using Knowledge about the Marketplace.
3. Understanding Firms as Customers.
4. Crafting Market Strategy.
III. CREATING VALUE.
5. Managing Market
Offerings.
6. New Offering Realization.
7. Business Channel Management.
IV. DELIVERING VALUE.
8. Gaining Customers.
9. Sustaining Reseller Partnerships.
10. Sustaining Customer Relationships.
Index.
About
Author
James C. Anderson is the William L. Ford Distinguished Professor of Marketing and
Wholesale Distribution, and Professor of Behavioral Science in Management at the Kellogg
School of Management, Northwestern University. Professor Anderson joined the faculty of
the Kellogg School in 1984 as an assistant professor of marketing. In 1987 he was named
the first to hold the Kellogg School's newly-endowed William L. Ford Distinguished Chair
in Marketing and Wholesale Distribution.
Professor Anderson teaches
graduate-level courses in business marketing. He is a faculty member of the Executive
Master's Program and teaches in a number of executive development programs at the James L.
Allen Center. He is the program director of the Business Marketing Strategy executive
program. He has consulted and provided seminars for a number of companies in North America
and Europe, such as ARCADIS, AT&T, bioMerieux, Dow Chemical, FEMSA Empaque, G.E.
Capital Services, International Paper, Johnson & Johnson, 3M, PPG Industries,
Pharmacia, and Solutia.
Professor Anderson's
research interests are in constructing persuasive value propositions in business markets,
measurement approaches for demonstrating and documenting the value of market offerings,
and working relationships between firms in business markets. He has written more than 30
journal articles, including several published in Harvard Business Review. He is a member
of the editorial boards of the International Journal of Research in Marketing, Journal of
Business-to-Business Marketing, and Journal of Strategic Marketing, and has served on the
editorial boards of the Journal of Applied Psychology and Journal of Marketing Research.
He is a Fellow of the American Psychological Association.
Professor Anderson is the
Irwin Gross Distinguished ISBM Research Fellow at the Institute for the Study of Business
Markets and a member of its advisory board. He also is a visiting research professor at
the School of Technology and Management, University of Twente, The Netherlands. He has
been a visiting research professor at Eindhoven University of Technology, the Netherlands,
and at Uppsala University and Stockholm School of Economics, Sweden. He also has been vice
president of the business marketing division of the American Marketing Association (AMA)
and a member of the board of directors of the AMA.
Professor Anderson came to
Kellogg after three years as a member of the marketing faculty of the University of Texas
at Austin. Prior to that, from 1978 to 1981, he worked as a senior research psychologist
in the corporate marketing research division of E.I. duPont de Nemours and Company, Inc.
He earned his doctorate in psychology from Michigan State University in 1978.
James A. Narus is Professor
of Business Marketing at the Babcock Graduate School of Management, Wake Forest University
in Charlotte, North Carolina. He joined the faculty in 1988. Professor Narus's teaching,
research, and consulting interests include value-based marketing, the management of market
offerings, distribution channel design and management, and partnerships and networks
within business markets.
Professor Narus routinely
teaches courses on business-to-business marketing and marketing management in the Babcock
School's full-time, evening, executive, and Charlotte MBA programs. His teaching portfolio
includes such courses as marketing channel management, strategic account management, sales
management, marketing strategy and policy, brand management, and advertising management.
Over the years, Professor Narus has taught in executive development programs at
Northwestern University, Pennsylvania State University, the University of Texas at Austin,
and Texas A&M University, as well as in international management seminars at the
Universidad Torcuato Di Tella (Argentina), Copenhagen Business School (Denmark), Bordeaux
School of Management (France), University College Dublin (Ireland), and Twente University
(The Netherlands).
Professor Narus has written
numerous articles and research papers on business market management topics. These articles
have appeared in the Harvard Business Review, Sloan Management Review, California
Management Review, and the Journal of Marketing, among other journals.
Professor Narus is a member
of the editorial review boards of the Journal of Business-to-Business Marketing and the
Journal of Marketing Channels, as well as an ad hoc reviewer for several other
publications. He is a longstanding member of the American Marketing Association. For seven
years, he served as the coordinator of its Business-to-Business Marketing Special Interest
Group. Professor Narus belongs to the NAPM-Carolinas and Virginia, an affiliate of the
Institute for Supply Management, and is a member of the Charlotte North Rotary Club.
Professor Narus has provided
management consulting expertise or executive training seminars for numerous corporations
including the Allen-Bradley Company, DuPont, Eastman Chemicals, Gardner-Denver
Corporation, General Motors, S. C. Johnson, McKinsey & Company, Merck, Pacific
Technologies, Parker-Hannifin Corporation, Rockwell Automation, and the Toronto Dominion
Bank. Prior to his academic career, Professor Narus worked as a market research analyst
and fellow in the corporate marketing research division of E.I. duPont de Nemours and
Company, Inc. There, he conducted studies on a variety of issues related to distribution
channel management. He earned his doctorate in marketing management from Syracuse
University in 1981.
Reviews
"If you want to understand and manage business markets, there is no better source
than Anderson and Narus. Their first-hand experience and insight have created the gold
standard' book. The new edition adds fascinating material on customer value management and
the role of branding in business markets." - Philip Kotler
"The students liked the
book very much because it has a good managerial base. Even students who had taken me at
the undergraduate Business Marketing class found the material very interesting and very
managerially oriented." - Professor Mary F. Hazeldine, Georgia Southern University
460 pages