1.3.4. Distribution Flashcards
1
Q
Marketing
A
The process of finding out, meeting and exceeding customers’ needs
2
Q
Distribution
A
Making products/ services available to customers where and when they need it through retailing and e-tailing
3
Q
Retailing:
E-tailing:
A
Selling goods/services in a physical shop
Online distribution- retailing through the internet
4
Q
What do wholesalers do?
A
- buy in large quantities from producers
- break into smaller quantities to sell to retailers
- reduce producers transport costs
5
Q
4 channels of distribution:
A
Manufacturer———————————consumer
Manufacturer ——————— retailer
Manufacturer—wholesaler—retailer—consumer
Manu— agent—wholesaler—retailer—consumer
6
Q
Benefits of traditional distribution:
A
- customers can try on the products
- displays to attract customers
- help and advice on the spot
- enjoy shopping experience
7
Q
Benefits of online distribution:
A
- lower costs (due to not needing physical space)
- open 24/7
- customers from around the world
8
Q
Factors that influence distribution:
A
- speed
- distance
- cost
- type of product