10 Marketing channels and Supply chains Flashcards
Marketing Channel
Individuals and firms, making a product or service available
Intermediaries
Someone who contacts people for the producers
Electronic marketing channels
uses of internet to make goods available
Dual Distribution
Reaching new buyers by using TWO or more different channels
Multichannel marketing
Integrating a firm’s communication and delivery channels
Transactional websites
Online catalogue to buy from
Promotional websites
showcase products and services
Verticle marketing systems
Designed to achieve channel economies and maximize marketing impact
Forward integration
(separate system)
The producer owns an intermediary
-manufactures clothing
- And owns apparel shops
Backward integration
(corporate system)
Retailer owns Manufacture
-Sells jewelry
-Manufactures half the jewellery
CONTRACTUAL vertical Marketing system
Production and distribution firms combine.
Intensive distribution
Put product everywhere possible
Exclusive distribution
Specialty products
Selective distribution
Selective areas to put the product
Channel conflict
Member think that another member is halting there goals