Place Flashcards

1
Q

What is place ?

A

A location where buyers and sellers exchange payment in return for goods and or services.

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2
Q

What is traditional Distribution ?

A

Manufacturer sells to wholesaler in bulk, Wholesaler sells to retailer, Retailer sells to consumer

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3
Q

What is modern Distribution ?

A

Producer sells to retailer , Retailer sells to consumer

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4
Q

What is direct selling/E-com distribution?

A

Producer sells to consumers

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5
Q

What is a distribution channel?

A

The path/Route taken by a product from Producer/Manufacturer finally to consumer

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