distribution - theme 1.3 (book3) Flashcards

1
Q

distribution is the _____ of getting the firm’s products to the _____ ______.

A

distribution is the process of getting the firm’s products to the end user.

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2
Q

distribution _______ are the ______ to market that a product takes from ______ to the ______ customer.

A

distribution channels are the routes to the market that a product takes from producers to the final customer.

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3
Q

a short/direct distribution channel is where the _____ sells _____ to the _____ through a retailer.

A

a short/direct distribution channel is where the producers sells directly to the customer through a retailer.

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4
Q

a long distribution channel is where there is more than one _______ person between the ______ and customer.

A

a long distribution channel is where there is more than one middle person between the producer and customer.

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5
Q

what is a wholesalers job?

A

buy in bulk from producers.

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6
Q

what is a retailers job?

A

sell goods to the end buyers.

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7
Q

what does the choice of distribution channel depend on?

A

nature of product, the market, the cost, amount of control, reliability of suppliers.

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8
Q

changes in distribution to reflect social trends?

A

growth of online shopping, supermarkets extending their product ranges.

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9
Q

online _________ or ________ is the buying and selling of goods and services through the use of _______ systems.

A

online distribution or e-commerce is the buying and selling of goods and services through the use of electronic systems.

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10
Q

benefits of online distribution?

A
  • prices tend to be lower as online retailers have fixed costs
  • consumers can shop 24/7
  • wider choice of products
  • easier to compare prices
  • lower start up costs for business
  • access to the global market
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11
Q

drawbacks of online distribution?

A
  • risk of poor service
  • risk of internet fraud
  • deliveries can be stolen
  • expense of returned goods
  • delivery costs for postage
  • security problems + technical problems can occur
  • increased competition
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12
Q

what is short/direct distribution?

A

producer to consumer

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13
Q

what are the two examples of traditional/long distribution?

A

producer - wholesaler - retailer - consumer
producer - retailer - consumer

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