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Creating Value in Business Markets

Author
Alexander Chernev
Published
Wed 06 Aug 2025
Episode Link
https://chernev.com/customerscience

This episode examines decision-making in business markets through the lens of behavioral science, showing that managers—like consumers—are influenced by functional, psychological, and financial considerations. It emphasizes the complexity of business purchases, which often involve multiple stakeholders with distinct roles and goals. The episode also highlights how translating functional benefits into economic value can help companies justify premium pricing and improve customer alignment.

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