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Chapter 7

Delivering Customer Value: Place to Everywhere

Chapter 7

Delivering Customer Value: Place to Everywhere

'Place' in the marketing mix refers to where and how a product will be distributed to the customer. It ensures products are available at the right …
Delivery networks elevate the shopping experience by giving customers flexibility and convenience in selecting their shopping methods. It necessitates …
From manufacturing to the final user, a product's journey is governed by distribution, logistics, and Supply Chain Management or SCM. Together, they …
Manufacturers often delegate selling duties to intermediaries, like distributors, wholesalers, and retailers, surrendering some control over sales and …
Marketing channels play a crucial role in guiding how products reach consumers. They encompass Direct and Indirect Marketing channels and Franchises. …
A Vertical Marketing System or VMS is a channel structure that aims to achieve economies of scale and increase cost efficiency by uniting producers, …
A horizontal Marketing System or HMS refers to a distribution system where two or more independent firms at the same level collaborate to maximize …
Multichannel distribution involves selling products through several channels, like physical retail stores, online websites, mobile apps, and third-party …
In a multichannel approach, an omnichannel strategy provides customers with a seamless and unified experience across various platforms. Imagine a retail …
Channel design decisions involve the strategic choices that businesses make in distributing and delivering their products or services to customers. It …
Channel management decisions include selecting, managing, motivating, and evaluating channel members' performance. During the selection process, such …
Power and conflicts within channels refer to the dynamics and struggles among manufacturers, wholesalers, retailers, and distributors. Power manifests …
Retailers are businesses or individuals that sell goods or services directly to consumers. They serve as intermediaries in the distribution channel, …
Retail strategy is a comprehensive plan developed by retailers to meet business objectives, effectively serve the target market, and achieve financial …
Wholesalers are intermediaries who simplify distribution by buying large quantities from manufacturers and supplying smaller amounts to retailers. It …