Marketing terms, defined plainly.

No jargon without context. Every definition here comes from the work we do installing the Marketing OS for B2B founders.

Economic Buyer

The economic buyer is the person with the authority to release the budget and give final approval on a purchase. They may not be the person who uses the product or feels the problem most acutely, but no deal closes without them. Reaching them early is one of the strongest predictors of a deal closing.

If you have not spoken to the person who controls the money, you do not have a deal, you have a conversation. The economic buyer cares about business outcomes, not features, which is why pitches built on deliverables lose in that room. Getting to them early is uncomfortable and it is also the difference between a forecast and a fantasy.

Example:

A deal championed enthusiastically by a marketing manager stalls for months because the CEO who controls the budget has never been in the conversation.

How is the economic buyer different from the champion?

The champion feels the problem and advocates internally. The economic buyer controls the budget and gives final approval. You usually need both, but only one can sign.

Why reach the economic buyer early?

Deals that never reach the budget holder tend to stall indefinitely. Early access tells you whether a real deal exists and what outcomes actually matter to the decision.