Module 9: Distribution Strategies Flashcards
[MOD9: Distribution Strategies] Or distribution channels, consist of interdependent organizations that help make products available for use or consumption by the final consumer
Marketing Intermediaries
[MOD9: Distribution Strategies] Marketing intermediaries gather and process information that is vital to understanding the market better.
Information Provider
[MOD9: Distribution Strategies] Marketing intermediaries, specifically retailers, conduct promotion and marketing efforts in order to encourage customers to patronize certain products.
Product Promotion
[MOD9: Distribution Strategies] Marketing intermediaries take care of the physical distribution and packaging of goods for transport and at-home storage.
Physical Distribution
[MOD9: Distribution Strategies] Customers find almost everything they need at certain stores, whether it is a supermarket, a department store, or a bookstore.
Matching demands and supplies
[MOD9: Distribution Strategies] Marketing intermediaries take care of physically arranging goods so it will be convenient for the customers to shop for what they need.
Merchandising
[MOD9: Distribution Strategies] Customers enjoy sales promotions and other marketing efforts from time to time, which may focus on just a few products or all of the products in the retail store.
Sales Promotion
[MOD9: Distribution Strategies] has no intermediary levels because the company sells directly to consumers.
Direct marketing channel
[MOD9: Distribution Strategies] involves one or more intermediaries. This is a common practice for fast-moving consumer goods (FMCG) that are found in supermarkets.
Indirect Marketing Channel
[MOD9: Distribution Strategies] is the management of upstream and downstream value-added flows of materials, final goods, and related information among suppliers, the company, resellers, and final consumers.
Supply Chain Management
[MOD9: Distribution Strategies] planning, implementing, and controlling the physical flow of goods and services.
Marketing Logistics
[MOD9: Distribution Strategies] all activities involved in selling products or services to final consumers for their personal or household use
Retailing
[MOD9: Distribution Strategies] Includes all the activities in selling goods and services for resale or business use, or for further processing.
Wholesaling
[MOD9: Distribution Strategies] customers pick up the items themselves and proceed to the counter to pay.
Self-service retailers
[MOD9: Distribution Strategies] provide more sales assistance as they offer more shopping goods that customers need information on.
Limited-service retailers
[MOD9: Distribution Strategies] assist customers in every phase of the shopping process.
Full-service retailers
[PRODUCT LINES] carry narrow product lines with deep assortments within those lines.
Specialty Stores
[PRODUCT LINES] carry a wide variety of product lines. They usually carry products for men, women, and children, and home and kitchen furnishings.
Department Stores
[PRODUCT LINES] are large, low-cost and high-volume stores designed to serve the customers’ need for groceries and household products.
Supermarkets
[PRODUCT LINES] are relatively small stores that are open 24/7 and carry high turnover convenience goods and ready-to-eat food.
Convenience Stores
[PRODUCT LINES] are much bigger than regular supermarkets and carry a large assortment of groceries, nonfood items, and services.
Superstores
[PRODUCT LINES] are stores whose main products are services such as salons, spas, hospitals, banks, airlines, cinemas, and the like.
Service Retailers
[RELATIVE PRICES] carry standard merchandise with lower price margins and higher volumes.
Discount Stores
[RELATIVE PRICES] carry items at regular wholesale prices and accept lower margins to keep prices down.
Off-price retailers
[RELATIVE PRICES] offer discounted grocery items, appliances, clothing, and other goods to members who pay annual membership fees.
Warehouse Clubs
[RELATIVE PRICES] some retailers nowadays adapt environmentally sustainable products.
Green Retailing
[TYPES OF WHOLESALERS] buy and take ownership of the products from manufacturers, store, resell, and deliver the products in huge quantities to retailers.
Merchant Wholesalers
[TYPES OF WHOLESALERS] facilitate buying and selling and assist in negotiations between buyers and sellers; thereby, they do not carry inventory.
Brokers
[TYPES OF WHOLESALERS] represent either buyers or sellers on a more permanent basis, such as the manufacturers’ agents or sales representatives.
Agents