1 What You Need to Know
Completion requirements
What you need to know...
- Distribution (place) is one of the Four Ps of the marketing mix.
- The channel of distribution is a group that directs products to the consumer.
- Distribution channels can be direct, or they can have intermediaries.
- The producer chooses a channel based on the product and the producer's needs.
- Wholesalers purchase products to resell to retailers, either store or non-store.
- Consumers purchase the products.
- The producer chooses an extensive, selective, or exclusive distribution model dependent on product intensity.
- Success depends on cooperation and coordination.
- Channel leadership often is assumed by one member who has channel power and who wants to improve the functioning of the entire channel.