Shared Flashcard Set

Details

Marketing Final
Module 10
17
Marketing
Undergraduate 3
11/30/2010

Additional Marketing Flashcards

 


 

Cards

Term
Distribution channel OR Marketing channel
Definition
is a set of independent organizations that help make a product or service available for use or consumption by the consumer or business users
Term
Market Intermediaries
Definition
are people or organizations that help get products to the final consumer. They are sometimes called middle men.
Term
Direct marketing channel
Definition
has no intermediary levels; the company sells directly to consumers
Term
Indirect marketing channels
Definition
contain one or more intermediaries
Term
Intensive distribution
Definition
is a strategy used by producers of convenience products and common raw materials in which they stock their products in as many outlets as possible
Term
Exclusive distribution
Definition
is a strategy in which the producer gives only a limited number of
dealers the exclusive right to distribute its products in their territories
• Luxury automobiles
• High-end apparel
Term
Selective distribution
Definition
is a strategy when a producer uses more than one but fewer than all of the intermediaries willing to carry the producer’s products
• Televisions
• Appliances
Term
Physical Distribution (Marketing logistics)
Definition
involves planning, implementing, and
controlling the physical flow of goods,
services, and related information from points of origin to points of consumption to meet consumer requirements at a profit
Term
Retailing
Definition
includes all the activities in selling
products or services directly to final
consumers for their personal, non-business use
Term
Specialty stores
Definition
carry narrow product lines with deep assortments within the product lines
Term
Department stores
Definition
carry a wide variety of product lines
Term
Superstores
Definition
offer a large assortment of routinely purchased food products, non food items, and services
Term
Convenience stores
Definition
carry a limited line of high-turnover convenience goods
Term
Superstores
Definition
offer a large assortment of routinely purchased food products, non food items, and services
Term
Discount stores
Definition
sell standard merchandise at lower prices by accepting lower margins and selling
higher volume
Term
Direct Marketing
Definition
selling your product directly to consumers.
Term
Wholesaling
Definition
All the activities involved in selling goods and services to those buying for resale or business use.
Selling to other businesses who sell to
consumers.
Supporting users have an ad free experience!