The 4 types of finite B2B markets

"Finite" does not mean every small market behaves the same way.

I use four rough types to think about what controls access.

This is a working model. I expect it to change as I see more companies.

1. Institutional markets

Examples: GovTech, utilities, regulated infrastructure.

Certifications, tenders, approvals and formal eligibility matter heavily.

Question: can you qualify to be bought?

2. Enterprise committee markets

Examples: core banking, enterprise security, large ERP.

You are navigating a decision system, not one buyer.

Question: can the buyer safely defend choosing you?

3. Tribal markets

Examples: niche SaaS, industry technology, specialist B2B services.

A few hundred companies. People know one another. Private conversations move reputation quickly.

Question: what kind of name are you building?

4. Expert guild markets

Examples: boutique consultancies, niche agencies, specialist studios.

The expert is a large part of the product.

Question: does the market trust the person behind the company?

The point is not the labels

The useful question is:

What actually controls access to buyers in this market?

Once you know that, GTM gets much easier to reason about.

Finite Markets