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Decision Criteria: In the B2B Swedish Insurance Industry
Linnaeus University, School of Business and Economics, Department of Marketing.
Linnaeus University, School of Business and Economics, Department of Marketing.
2014 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

This study examines decision criteria in the business insurance sector. Decision criteria can be used to evaluate and compare and evaluate offers before taking a purchasing decision. The research identifies key decision criteria that small and medium-sized enterprises (SMEs) in Sweden use to compare and evaluate B2B insurances before taking a purchasing decision. This leads to the understanding of criteria affecting customer preference. The criteria quality, performance, reliability, flexibility and deductible are included.

 

The result showed that there is a relationship between performance, flexibility, reliability and customer preference. These criteria affect customer preference and thereby also the choice of business insurance provider. No relationship between deductible, quality and customer preference was detected. The study concludes that flexibility, performance and reliability are key decision criteria business customers use to compare and evaluate B2B insurances. It is suggested that insurance companies emphasize these criteria in their sales and marketing efforts in order to gain competitive advantage.

Place, publisher, year, edition, pages
2014. , 75 p.
Keyword [en]
Decision Criteria, purchasing, organizational buying behaviour
National Category
Business Administration
Identifiers
URN: urn:nbn:se:lnu:diva-35435OAI: oai:DiVA.org:lnu-35435DiVA: diva2:727419
Subject / course
Business Administration - Marketing
Educational program
International Sales and Marketing, 180 credits
Presentation
2014-06-04, CIL, Ljungby, 13:27 (English)
Supervisors
Examiners
Available from: 2014-06-23 Created: 2014-06-20 Last updated: 2014-06-23Bibliographically approved

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf