4ps marketing mix - place Flashcards
physical distribution
involves selling to customers via a traditional ‘bricks and mortar’ store or outlet.
online distribution
selling online through e-commerce website.
physical distribution - pros
can promote through personal selling - staff experts.
some customers prefer being able to see what they are buying.
some customers are more likely to trust a physical location rather than online.
physical distribution - cons
high costs operating a physical store.
more customers are switching to online shopping as its more convenient.
online distribution - pros
online business can target worldwide.
products can be sold 24/7, convenient for customers with busy lives - increases sales.
online distribution - cons
customers are unable to ‘try before they buy’ which might discourage them from buying.
some customers do not have access to required technology to shop online.
some customers see online sellers as less trustworthy than physical retailers.