Marketing mix: Place Flashcards
What is a distribution channel?
A chain of intermediaries that facilitate product delivery from the manufacturer to the end users and transfer payments from the buyers to the producers.
Two different forms of distribution channel.
- Direct
- Indirect
What are the factors that affect the channel of distribution?
Goals of the business, sales goals, right outlets to sell the products.
What is the direct distribution channel?
Manufacturer – consumers (direct online).
What is the Traditional Physical Channel?
Manufacturer – wholesalers - retailer - consumers.
What is the online trading channel?
Manufacturer – retailers - consumers
Fill in the blank: A distribution channel is a chain of intermediaries facilitating product delivery from the _______ to the end users.
[manufacturer]
True or False: The right outlets to sell products are not a factor affecting the channel of distribution.
False
What role do wholesalers play in the distribution channel?
They act as intermediaries between manufacturers and retailers.
What is the significance of sales goals in choosing a distribution channel?
They help determine the most effective way to reach consumers.