The product and its packaging is important when selling to both consumer markets and business markets. The way that the product is presented to a customer must appeal to their needs and desires. Some argue that this is far more important for a consumer market as the product needs to grab their attention without too much explanation and needs to appeal to the masses. Selling to businesses on a more personal level allows time and room for explaining the product first hand in a way that is specific to the client.
Branding is also similarly important in consumer markets and business markets. A company with a well established brand and marketing scheme with consumers is likely to be successful with the launch of new products. A great example of this is Apple. They have an established brand that most consumers can recognize instantly and the hype for new products is always big. Branding in the business market helps show a company’s position in the value chain. Being able to show evidence of a well-established brand will help back up the sale of a product with a personal buyer.