Quoting from [Oneuni]:

In Marketing, there are  "Buyer-market" and "Seller-Market" !

what the meaning are ?  explain it ?

     Mary S,  your Opinion is right, indeed it is a part of  the " Elasticity - market"

     thanks  for jointing in  and  answering.

To Trollslayer:

 Thanks for your answer,

 with approaches of :  Demand - Supply and  Product's availability.

 and with the 2 analogy for it...    rgrds,

Again it revolvs around supply and demand.

If the supply is abundant, suppliers will rush to the buyers for disposing their products and buyers will have lot of options and concessions to demand in respect of quality, quantity, time and price - then we say  it is BUYER'S MARKET.

If it is viceversa where the goods  availability is meager or buyers are more or the requirement of that particular product is more, we find sellers dictating. Buyers obviously will have to accept the terms and conditions of the sellers inorder to meet their consistent requirement. In this case we call it a  SELLER'S MARKET.

Thanks for the answer NebrasItl


 

Quoting from [Oneuni]:


Doing sales and marketing is not so easy ? need  a method/system & concept !



well planing  too. 




In Marketing, there are  "Buyer-market" and "Seller-Market" !



what the meaning are ?  explain it ?

hi,

see any specific market that gives a monopoly power to decide whether to sell (in the case of seller) or to buy (in the case of buyer) a product, because of the very much need for the product, at that point of time, at that point of place.

simple way of understanding:

"One buyer, so many sellers of same product ---- buyer market

One seller, so many buyers of the same product----- seller's market

because they have an monopaly option to select their seller or buyer"

 

Quoting from [Oneuni]:


Doing sales and marketing is not so easy ? need  a method/system & concept !



well planing  too. 




In Marketing, there are  "Buyer-market" and "Seller-Market" !



what the meaning are ?  explain it ?

In the market we have a relationship between offer and need.

If the offer on the market is bigger then the need, then we have a buyers market. Because the buyer can select between all the offers and buy from the cheapest one

But if the needs is higher then the offer, it is a seller market. Because the seller can control the prices as he can be assured of the high needs, he must not lower down the price to get the orders.

He can be sure to get the orders as the need is so high and the offer so low.

A simple example, imagine there are 100 people thirsty and need to drink but there is only one shop to offer cool drinks the next one 300 km away. But imagine the shop only has 50 bottles left, well the thirsty people will try to get a bottle and pay "every price" and the seller can dictate if he sells for this price or not . The more the balance between offer and need goes into the direction of higher need then offer, we have seller market and hihgher offer then need, we have  abuyer market. A very clear example for sellers market is the monopol. Imagine you would have a full stock of very bad selling products, big qty. and you only have one buyer who wants to take over the stock, then the buyer can dictate the price and is in powerful position a buyers market example.

OK  Nordin,  thanks for the explanation :


I catch from You the projection

- the Offer and  Need

- Less Supply

- Monopoly (pricing)


well  ..those approaches are indeed as Market's factor that influencing it.

Thanks  Pryanka,

So your approach is  by "Monopoly"  means

So  Audiences


Thanks for the participating and the answers.

We come close to an understanding among the answer had been given that :


Buyer & Seller Market are effected by a vary of factors that influences.


-  what else that as far you know  could be an impact  to these market scale ?


Therefore,  the market is not a so simple to define,  it is so intangible...

Quoting from [Oneuni]:


Doing sales and marketing is not so easy ? need  a method/system & concept !



well planing  too. 




In Marketing, there are  "Buyer-market" and "Seller-Market" !



what the meaning are ?  explain it ?

Dear Oneuni,

Buyer-market is a situation where buyers have multiple choice  to decide for meeting his requirements, whereas in sellers markets, choices available are too few.

To cite an example, if there are twency automobile manufacturers offering cars, buyer can decide which model and make suits him most.That is buyer market.

But in other case scenario, if only two car models are available, buyer has little choice.

Number of cars produced has no role to play in deciding buyer/seller market.

Sixer