business market

Meaning

This term refers to the network of businesses that buy and sell products or services to each other, rather than to individual consumers. It is also used generally to describe the commercial environment where companies compete.

Examples

• Our company is trying to enter the international business market this year.

  Our company is trying to enter the international business market this year.

• Understanding the business market helps us price our services correctly.

  Understanding the business market helps us price our services correctly.

• They sell software directly to the business market rather than to regular users.

  They sell software directly to the business market rather than to regular users.

• Competition in the local business market is growing very fast.

  Competition in the local business market is growing very fast.

• We need to analyze the business market before we launch the new product.

  We need to analyze the business market before we launch the new product.

Common Mistakes

• ✗ We sell our products to the busy market.

  ✓ We sell our products to the business market.

  'Busy' is an adjective meaning active or crowded. 'Business' is the correct noun modifier to describe the commercial sector.

• ✗ The business market is very crowd.

  ✓ The business market is very crowded.

  'Crowd' is a noun. Use the adjective 'crowded' or 'competitive' to describe the state of the market.

Related Expressions

Practice

• The company plans to expand its share in the global ___ next quarter.

  💡 The commercial environment where companies buy and sell.

  Show answer

  business market

• If you want to sell to the ___, you need to understand corporate needs.

  💡 The market made of other companies.

  Show answer

  business market