chapter 10 Flashcards
marketing channel
all things necessary to transfer the product to the consumer
middleman
intermediary
agent or broker
intermediary with legal authority (manufacturer)
Wholesaler
intermediary who sells to other intermediary
retailer
selling the product
distributer
selling the products to multiple retails- selling and managing inventories
transactional function
wholesaler - buying, selling, risk taking
logistical función
selection, storing, transporting
facilitating
financing
possession utility
able to BUY product
info utility
providing consumers with the info they need on a product (easily accessable)
time utility
being able to buy product WHENEVER
place utility
having product available ig customer wants
form utility
enhancing product to make more appealing for customers
strategic alliance
-channel
-duel distribution