Chapter 13 Flashcards
Marketing channel
Interdependent organizations that ease the transfer of ownerships
Channel members
intermediaries that can negotiate buy and sell
Supply chain
Chain of businesses that perform marketing channel functions
Help of intermediaries
Contract efficiency
Overcoming discrepancies
Specialization and division
Discrepancies
QUANTITY
ASSORTMENT
TEMPORAL
SPATIAL
Taking title
owning merchandise and controlling the terms of the sale
3 types of intermediaries
PRODUCT
BUYER
MARKET
LADDER OF INTERMEDIARIES
Manufacturers Agents/brokers wholesalers retailers consumers
Industrial ladder
Manufacturers
agents
industrial distribution
Multiple channels
more than one
nontraditional channel
internet
infomercial
mailorders
Strategic channel
agreements between firms to use manufacturers established channels
Product factors
PLC
Delicacy
Complexity
Direct channel
more control
customer support
more resources
Intensive vs exclusive vs selective
covers maximum market
one or a few dealers in an area
a few in one area