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Chapter 1
Chapter 1

... Be upscale Be convenient Offer a dominant assortment Offer superior customer service Be innovative or exclusive ...
Chapter 11 slides
Chapter 11 slides

... distribution channel and describe the major types of retailers • Describe the major retailer marketing decisions • Discuss the major trends and developments in retailing • Explain the major types of wholesalers and their marketing decisions ...
Economic Systems
Economic Systems

... A central authority (government) makes most of the decisions.  People have little if any influence over production. Ex. North Korea, Cuba and former Soviet Union.  Advantage: can change direction drastically in a short time. Ex. farming to industrial  Disadvantage: Not designed to meet the wants ...
Genghis Khan ruled the world through tyranny, and all who wished
Genghis Khan ruled the world through tyranny, and all who wished

... first determine people’s needs and wants, then produce goods and services to satisfy them. A company, whether it is Ford Motor Company or a small retailer, is in business to create wantsatisfying goods and services for its customers. In today’s competitive business environment, the success of goods ...
Chapter Fifteen - Cengage Learning
Chapter Fifteen - Cengage Learning

... • Premium – A gift a producer offers to a customer in return for buying its product ...
Chap 10 - Distributing Multimedia Titles
Chap 10 - Distributing Multimedia Titles

... CD-ROM publisher has three options in distributing consumer titles:  Wholesalers – buy from publishers ...
Products Developing New Products Classifying Products
Products Developing New Products Classifying Products

... • Long-term partnerships among channel members to reduce costs, waste, and unnecessary movement through the channel to satisfy customers ...
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

... 11. Do marketers use the Internet as a channel of distribution or as a brand building tool? 12. What changing lifestyles do you see among the youth, in India today? How will they influence marketers? 13. What are the contents of a market plan? 14. How do you segment a tourist location like Kerala, u ...
Chapter 5
Chapter 5

...  Product mix will have some products that do not sell as well as others.  It is often said that %80 of the profits are derived from %20 of the products.  The challenge is to determine how large of a selection will be sufficient to satisfy the needs of your market. 2) Place  The exchange point of ...
Blue Compact Disk Template
Blue Compact Disk Template

...  Sizes  Services  Warranties  returns ...
Part One - McGraw Hill Higher Education
Part One - McGraw Hill Higher Education

... (derived) the demand for their customer’s products. Most demand originates with consumers. ...
Setting the Target Market
Setting the Target Market

...  Competitor based – charging the same price as competitors (the market price)  Skimming – high price initially. For new and unique products. • Penetration – charging a low price to get a foothold into the market. New products only. • Discrimination – different prices to different customers ...
Marketing – Memorize Version
Marketing – Memorize Version

... Process refers to the systems used to create, communicate, deliver and exchange an offering. Everything from the way a product is conceived and designed to the way it is delivered including post-sales services. Physical evidence refers to tangible cues that can be used as a means to evaluate service ...
Go-to-Market Options
Go-to-Market Options

... >Sponsor one of their events >Get them to offer our product to their customers >Get access to their mailing list so we can market directly to their customers >Put a link to our website on theirs ...
Chapter 28 Our free enterprise system Free Enterprise System
Chapter 28 Our free enterprise system Free Enterprise System

... pick and choose. In order to entice consumers to buy their product instead of their competitors’, producers reduce their prices Reducing prices in turn, lowers profits, and producers begin to produce less Eventually the product reaches its EQUILIBRIUM PRICE. This is the price at which the quantity s ...
Going to Market
Going to Market

... carry the product. Yamaha pianos are an example of this policy. Exclusivity is granted by the manufacturer in the hope that it will induce strong selling support by the reseller. The cost is that, with an exclusive policy, the consumer must be willing to seek out the one outlet in his or her area ca ...
Chapter 7 – Segmentation, targeting and positioning
Chapter 7 – Segmentation, targeting and positioning

... Undifferentiated marketing targets the whole market with one offer. mass marketing focuses on common needs rather than what’s different Differentiated marketing targets several different market MISSING NOTES Niche marketing targets a larger share of a smaller marketing  Limited company resources  ...
Sports and Entertainment Marketing
Sports and Entertainment Marketing

... • http://www.youtube.com/watch?v=Fx6i7 fArWpY ...
Chapter 14 – Designing and Managing Services
Chapter 14 – Designing and Managing Services

Luxury Goods
Luxury Goods

... Informality, community spirit, openness – similar to flea market position between mass advertising and personalization is a real challenge ...
Road Map: Previewing the Concepts
Road Map: Previewing the Concepts

... Rest Stop: Reviewing the Concept Explain why companies use distribution channels and discuss the functions these channels perform. Discuss how channel members interact and how they organize to perform the work of the channel. Identify the major channel alternatives open to a company. Explain how co ...
File - Mrs. Socha`s Classroom
File - Mrs. Socha`s Classroom

...  Regulated economy: resources and decisions are shared between the government and other groups or individuals  Free economy: resources are owned by individuals rather than the government, and decisions are made independently  Mixed economy: some goods and services are provided by the government a ...
Sales Promotion - Cal State LA
Sales Promotion - Cal State LA

... Sales Promotions Directed to the members of the distribution channel. They are intended to . . . • Motivate: Incentives – Contests, bonuses, push money, slotting fees, promotion allowances, cooperative advertising ...
Aquaculture Marketing
Aquaculture Marketing

... farmer ---> broker ---> processor ---> wholesaler ---> retailers ---> consumer retailers: hotels, restaurants, institutions ...
FINAL EXAM STUDY GUIDE
FINAL EXAM STUDY GUIDE

... Advertising—non personal promotion of ideas, goods, or services in a variety of media outlets like radio, television, billboards, newspapers, and the Internet ...
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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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