Distribution Flashcards
what is a distribution channel?
the way a product moves through the stages of production to the final consuption
what are the four main types of intermediary in distribution channels?
- retailer
- wholesaler
- distributor
- agent
what is a retailer?
the final step of the distribution channel that deals directly with the customer
what is a wholesaler?
they buy in bulk from producers and sell in small quantities to retailers
what is a distributor?
sell products on from the producer to the customer
what are agents?
they area special type of distributor that so not hold any stock
what is a direct distribution channel?
a channel where the producer and the consumer deal directly with each other
what is an indirect distribution channel?
a distribution channel that involves the use of intermediaries between the producer and consumer
what is multi-channel distribution?
when a business uses more than one type of distribution channel