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The Marketing Mix Part 1
The Marketing Mix Part 1

... and its features in a way that persuades them to buy it. Promotional techniques include advertising, sales promotions, public relations and merchandising. ...
presentation source
presentation source

... A company's pricing strategy should do all of the following EXCEPT: give direction for price movements over the product life cycle define the initial price ignore the targeting and positioning strategy of the company set a competitive price interact with the other elements of the marketing mix ...
POB 3.01 PPT
POB 3.01 PPT

... communities. Consumers mostly buy local. › Timing – selecting the best time or speed for doing something  There could be a gap in time when businesses produce products and services as to when consumers ...
Response Form Marketing: How can we do it better? 2014 JUNE
Response Form Marketing: How can we do it better? 2014 JUNE

... Marketing: How can we do it better? Marketing a product has always depended on the value any given consumer attaches to it, but these days, value marketing has taken a twist that makes it more like a helix. Many marketers, in an attempt to promote their product as different or superior to other simi ...
Contemporary Marketing
Contemporary Marketing

... customers. The Marketing concept is the philosophy that firms should analyze the needs of their customers and then make decisions to satisfy those needs, better than the competition. Personal Selling is where businesses use people (the "sales force") to sell the product after meeting face-to-face wi ...
M_1.01-P._KYLE-1 - rrhsctemktgandsem1
M_1.01-P._KYLE-1 - rrhsctemktgandsem1

... Almost anything can be marketed. ...
Thoughts from the Front Lines: Teaching the Large Section
Thoughts from the Front Lines: Teaching the Large Section

... income levels – Elasticity (demand) tends to be greater in countries where there are many competitors ...
Economics: Today and Tomorrow
Economics: Today and Tomorrow

... storing goods for future sales. • Transportation involves the physical movement of goods from producers and/or sellers to buyers. • Businesses must consider the type of product, size and weight of the product, speed, and cost in transporting goods within the channels of distribution. ...
Physical Distribution
Physical Distribution

...  Transportation companies are the companies that own the trucks, trains, planes, pipelines, or ships, and they provide the service of transportation  Channel members often hire transportation companies to move their products  However, the transportation companies are not part of the distribution ...
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... intense for most businesses. Businesses need to gather information about competitors' products and marketing activities in order to determine their strengths and weaknesses in order to help them to determine what they need to do to be more competitive. ...
Guerilla Marketing Worksheet
Guerilla Marketing Worksheet

... Guerilla Marketing Worksheet ...
1.02 Understand career opportunities in marketing to make career
1.02 Understand career opportunities in marketing to make career

... – Physically links products with consumers. – Distributors plan and direct the transportation of final goods. – Examples: – The latest teen magazine getting to the local stores, CD’s going from the producer to the store shelves. ...
Chapter 05
Chapter 05

... Control of the Supply Chain • Corporate vertical marketing channels • One channel institution owns multiple levels of distribution • Consists of either a manufacturer that has integrated vertically forward to reach the consumer or: • A retailer who has integrated vertically backward to create a sel ...
title impact of sales promotion on the marketing of consumer goods
title impact of sales promotion on the marketing of consumer goods

... From the analysis, it was discovered that, sales promotion influence consumers buying decisions positively, results in brand loyalty which are in conformity with the views of famous author's on the subject. To further boost the effectiveness of sales promotion, the following are some of the recommen ...
Dairy Marketing File
Dairy Marketing File

... marketing is the performance of all business activities involved in the flow of goods and services from the point of initial production until they are in the hands of the ultimate consumer (Kohls and Uhl, 1985). • Transformation of goods in space, time and form from producers to consumers. • Efficie ...
Chapter 15
Chapter 15

... Sellers must ship goods within times stated; if no time is stated then it is 30 days. ...
Slide 1
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... 2. Market Assessment and Development International market research – Differences between domestic and international market research. Market segmentation and product positioning. ...
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Introduction to Mktng_Final - (EEC)

... Examining and evaluating consumer characteristics, needs and purchase processes; and selecting the group(s) of consumers at which to aim marketing efforts. ...
Marketing Today - (EEC)
Marketing Today - (EEC)

... and services. A standard of living refers to the average quality of goods and services that are owned and consumed in a country. The Gross Domestic Product (GDP) is the total value of goods and services produced in a country in a year. GDP is the most frequently used measure of a nation’s wealth bec ...
Chapter 10 Review
Chapter 10 Review

... • Marketing strategy • Product, distribution, price, promotion ...
Chapter 10 Review - Campbell County Schools
Chapter 10 Review - Campbell County Schools

... • Marketing strategy • A company’s plan that identifies how it will use marketing to achieve its goals ...
[Product Name] Marketing Plan
[Product Name] Marketing Plan

... • Positioning of product or service – Statement that distinctly defines the product in its market and against its competition over time ...
introduction to marketing
introduction to marketing

... Moving goods or services from producer to consumer (selling or match-making) Goods, services and events Marketers must discover consumer’s needs and wants and customer satisfaction Marketing is NOT JUST advertising. Creating awareness on topics of consumer interest – ie: connecting through a BRAND – ...
Product Services Marketing
Product Services Marketing

... Distribution Channel • A middlemen is a business that renders services related directly to sale/purchase of a product as it moves from producer to consumer. • Normally middlemen are classified on the basis of whether they own /take title of products being distributed or not. • Merchant middlemen ta ...
project-1-wants-needs-goods
project-1-wants-needs-goods

... classifying their goods and services ...
< 1 ... 664 665 666 667 668 669 670 671 672 ... 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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