Distribution Channels Flashcards

1
Q

Wholesalers

A

firms that purchase large quantity of products then sell in smaller scales (e.g. Costco)

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2
Q

Retailers

A

sellers of products to the final consumer (e.g walmart)

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3
Q

Distributors and Agents (Brokers)

A

distributor: specialist business trade in products from a few manufacturers (e.g. bookstores selling from selective range of authors)

agent (broker): negotiators who act on behalf of buyers (e.g. real estate agents)

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4
Q

Convenience Stores

A

small firms that stock limited range of FMCGs

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5
Q

Supermarkets

A

sells mainly foodstuffs & groceries

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6
Q

Hypermarkets

A

large outlet stocking broad range of products

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7
Q

Chain Stores

A

has multiple outlets

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8
Q

Department Stores

A

sells large range of products

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9
Q

Independent Retailers

A

small, local vendors

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10
Q

Specialty Distribution Channels

A

indirect way to distribute products without intermediaries (e.g. e-commerce, vending machines, mail order)

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