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Unit 1 Functions
Unit 1 Functions

... The most important aspect of marketing is satisfying the customer. Customer needs should be the primary focus during the planning, production, distribution, and promotion of a product or service. 1. Identify customer needs ...
International marketing theories
International marketing theories

... few firms will be able to prosper in any one industry - countries have a trade pattern influenced by the profile of the large firms that they possess - + these firms must be „first movers“ – helps to build up market share and obtain economies of scale - differences in knowledge, skills, abilities, c ...
implementing automated retail lesson plan
implementing automated retail lesson plan

... Retailers are finding that developing a partnership or long-term relationship with their vendors (channel members) results in more successful placement of their products. It is important for retailers to understand how their vendors acquire the product that they are purchasing and the distribution c ...
Devising a Marketing Plan, pp 206-215
Devising a Marketing Plan, pp 206-215

... Place Strategy Delivery of goods or services to Target Market AKA Distribution Strategy Understand the channels of distribution Includes Location and Layout decisions Online distribution important in many businesses Mobile technology is growing rapidly ...
Managing Your Money
Managing Your Money

... 1960s JFK and then Nixon emphasized 5 consumer rights: ...
PowerPoint - Segmentation & Consumer Profiling
PowerPoint - Segmentation & Consumer Profiling

... segment” which is accomplished through the process of “segmentation”. ...
Review 2
Review 2

... exam. They are drawn from your book, slides, study guides, etc. The questions will cover detailed material within these categories. Also, note that there are pricing problems on the test. Definitions of key terms drawn from every chapter Actual, core, augmented product Classifying consumer products ...
What is Marketing
What is Marketing

... management process responsible for identifying , anticipating and satisfying customer requirements profitability’ If we look at this definition in more detail Marketing is a management responsibility and should not be solely left to junior members of staff. Marketing requires co-ordination, planning ...
Advertising_MarketingProcess_2
Advertising_MarketingProcess_2

... What product name comes to mind when you picture a mobile phone? Do you think of a product name when you think of toothpaste? When you think of soy sauce, what product name occurs to you? ...
Position: AMM (Area Marketing Manager) Salary: 10k to 25k
Position: AMM (Area Marketing Manager) Salary: 10k to 25k

... ...
Tuesday afternoon - Villanova University
Tuesday afternoon - Villanova University

... two main definitional characteristics which distinguish it from other types of marketing. The first is that it attempts to send its messages directly to consumers, without the use of intervening media. This involves commercial communication (direct mail, e-mail, telemarketing) with consumers or busi ...
Marketing Cluster Sample Exam Questions
Marketing Cluster Sample Exam Questions

... Newsletters, annual reports, and the company's web site. Public relations involves establishing good relationships between the business and the public. A business tries to maintain positive relationships with different groups that make up the public, such as employees, local businesses, government o ...
Marketing Mix - Concepts
Marketing Mix - Concepts

... – “Alternative” (Context placements) ...
Marketing Public Relations - Bina Darma e
Marketing Public Relations - Bina Darma e

... A firm using a sales orientation focuses primarily on the selling/promotion of a particular product, and not determining new consumer desires as such. Consequently, this entails simply selling an already existing product, and using promotion techniques to attain the highest sales possible. Such an o ...
Marketing Flash Cards
Marketing Flash Cards

... showroom (inside sales) or a customer's place of business (outside sales). It is up to the salesperson to make contact with the customer. Potential customers are selected at random, such as by going door-to-door or selecting names from a telephone directory. Providing solutions to customers' problem ...
Marketing Mix: Elements Explored
Marketing Mix: Elements Explored

... much is charged by the product's direct competitors? How should the price compare to similar products of different sizes and varieties? How much is the customer willing to pay? Consider a company that markets cell phones. For $300, it can sell a phone with a lot of features. But some people can’t or ...
In today`s business environment, one thing you can be
In today`s business environment, one thing you can be

... services. Some people were even able to use their skills and excess time to distribute raw materials to various homes where families processed them into finished goods that were offered for sale by a merchant entrepreneur. This was called the domestic system. In the late eighteenth century, the fact ...
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

... What are the different types of the market and the segments? Explain the significance of marketing from the point of view of the producer and the consumer. 6. Explain the term marketing mix. 7. Distinguish between penetration pricing and price skimming. PART - B Answer any FOUR questions in about 25 ...
Core concepts - WordPress.com
Core concepts - WordPress.com

... Basic Concepts of Marketing Market Segmentation & Target Selection Needs, Wants & Demand ...
Marketing and Advertising
Marketing and Advertising

... customer, to keep the customer and to satisfy the customer. ...
Chapter 24: Exam practice question
Chapter 24: Exam practice question

... approach to marketing their products. ...
APU Students comment on Marketing and Pricing
APU Students comment on Marketing and Pricing

Integrated Marketing Communications Promotional Strategies at a Glance Chapter 14
Integrated Marketing Communications Promotional Strategies at a Glance Chapter 14

... influences the consumer in making a purchase decision.  A promotional strategy is also referred to as Marketing Communications.  Combining the various promotional tools is called the promotional mix.  Firms may use one promo tool, or all of them. This is dependent on many factors. ...
The Free Enterprise System
The Free Enterprise System

... and resell them to organizational users, other wholesalers, and retailers. Wholesalers are also called distributors. Retailers buy goods from wholesalers or directly from manufacturers and resell them to the consumer. For the most part, retailers cater to the consumer market. ...
L10
L10

... – Selling through personal contacts from the company to prospective customers by mail, phone, electronic means, in-person visits, and so forth ...
< 1 ... 653 654 655 656 657 658 659 660 661 ... 693 >

Marketing channel

A marketing channel is a set of practices or activities necessary to transfer the ownership of goods from the point of production to the point of consumption. It is the way products and services get to the end-user, the consumer; and is also known as a distribution channel. A marketing channel is a useful tool for management, and is crucial to creating an effective and well-planned marketing strategy.Another less known form of the marketing channel is the Dual Distribution channel. This channel is a less traditional form that allows the manufacturer or wholesaler to reach the end-user by using more than one distribution channel. The producer can simultaneously reach the consumer through a direct market, such as a website, or sell to another company or retailer that will reach the consumer through another channel, i.e., a store. An example of this type of channel would be franchising.Roles of marketing channel in marketing strategies Links producers to buyers. Influences the firm's pricing strategy. Affecting product strategy through branding, policies, willingness to stock. Customizes profits, install, maintain, offer credit, etc.↑ ↑ ↑ ↑ 4.0 4.1
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