chapter 12 Flashcards
what is a marketing channel (distribution channel)
a set of interdependent organizations that handle products and often transfer ownership of products as they move from producer to business user or consumer
direct channel
producer - consumer (aritzia)
retailer channel
producer - retailers - consumer (pixie woo)
wholesaler channel
producer - wholesaler - retailers - consumer (walmart)
agent broker channel
producer - agent - wholesaler - retailer - consumer (selling house)
factors influencing the choice of a channel
- product factors: product complexity, price, delicacy
-market factors: consumer profile ex: B2B or B2C, location - producer factors: financial resource, number of product lines
what are intermediaries
all parties in the marketing channel that negotiate with one another, buy and sell products, and facilitate the change of ownership between buyer and seller as they move the product from the manufacturer into the hands of the end customer
name 3 level of distribution intensity
-intensive
-selective
-exclusive
name the main types of retail stores
-Specialty stores
-Supermarkets
-Drugstores
-Convenience stores
-Discount stores
-Restaurants
-Department stores
-Pop up stores
types of nonstore retailing
- vending machines
-direct
-online (e-commerce)