ch.15 Flashcards

1
Q

A product must be?

A

accessible to the
target market at an affordable price

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2
Q

Getting the product to the target market Can be a?

A

costly process

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3
Q

Forging an aggressive and reliable channel of distribution

A

The most critical and challenging task facing the
international marketer

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4
Q

consumer and industrial products eventually go
through a distribution process

A

1-Physical handling and distribution of goods
2-Passage of ownership
3-Buying and selling negotiations between producers and middlemen 4-Buying and selling negotiations between middlemen and
customers

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4
Q

Each country market has a distribution structure

A

1-Goods pass from producer to user
Within this structure are a variety of middlemen whose customary
functions, activities, and services Reflect Existing competition,
market characteristics, tradition, and economic development

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5
Q

In an import-oriented or traditional distribution
structure:

A

1-Importer controls a fixed supply of goods
2-Marketing system develops around the philosophy of selling a
limited supply of goods at high prices to a small number of affluent
customers

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6
Q

Import-Oriented
Distribution Structure?

A

1-Demand exceeds supply
2-The customer seeks the supply from a limited
number of middlemen
3-Distribution systems are local
4-Few countries fit the import-oriented model

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7
Q

The Japanese system has four distinguishing features:

A

1.A structure dominated by many small middlemen
dealing with many small retailers
2.Channel control by manufacturers
3.A business philosophy shaped by a unique culture
4. Laws that protect the foundation of the system

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8
Q

Retail Distribution Patterns?

A
  • Size patterns
  • Direct marketing
  • Resistance to change
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9
Q

alternative middle men choices?

A

options range from assuming the entire distribution activity to defeding on intermediaries for distribution of the product

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10
Q

Seller must exert influence over two sets of
channels?

A

1-One in the HOME COUNTRY
2-One in the foreign-market (HOST COUNTRY)

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11
Q
  • Agent middlemen?
A

represent the principal
rather than themselves and work on commission
bases

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12
Q
  • Merchant middlemen?
A

take title to the goods
and buy and sell on their own account, so they
tend to be less controller than Agents

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13
Q

home country middle men?

A

domestic middle men, provide marketing service from a domestic base and find foreign markets for products for local manufacturers

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14
Q

government affiliated middlemen

A

marketrs must deal with government in every country

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15
Q

Factors Affecting
Choice of Channels?

A

1- identify specific target markets within and across the country
2- specify marketing goals in terms of profit margin
3- specify financial and personal commitment to the development of international distribution
4- identify control, length of channels in terms of sales

16
Q

The six Cs of channel strategy:

A
  • Cost
  • Capital requirements
  • Control
  • Coverage
  • Character
  • Continuity
17
Q

Concerns for e-Vendors?

A
  • Culture
  • Adaptation
  • Local contact
  • Payment
  • Delivery
  • Promotion
18
Q

criteria for selecting middlemen?

A

1- reputaton
2- market served
3- number of stores
4- store size
5- products carried