4.5 Place Flashcards
Agents
They are negotiators who help to sell a vendor´s products.
Channel of distribution
They are the way tat a product gets from the manufacturer to the consumer.
Direct mail
It refers to promotional material sent directly to people´s homes or places of work.
Distribution (place)
It refers to the process of getting the right products to the right customers at the right time and place in the most cost-effective way.
Distributors
They are the independent business that act as intermediaries by specializing in the trade of products made by certain manufacturers.
Intermediaries
They are agents or other businesses that act as a middle person in the chain of distribution.
Retailers
They are the sellers of products to the general public that operate in outlets.
Speciality channel
It is any indirect way to distribute products that does not involve retailers.
Telemarketing
It refers to the use of telephone systems to sell products directly to potential customers.
Wholesalers
They are businesses that purchase large quantities of products from a manufacturer and then separate or break the bulk-purchases into smaller units for resales, mainly to retailers.
Zero-level distribution channel
It skips any intermediaries.