Lecture on Managing Marketing Channels and Wholesaling www.AssignmentPoint.com
You can eliminate the middleman but you can not eliminate its functions Defining Marketing Channels of Distribution
Marketing intermediaries
NATURE AND IMPORTANCE OF MARKETING CHANNELS Value Created by Intermediaries
How intermediaries minimize transactions
Marketing channel functions performed by intermediaries
CHANNEL STRUCTURE AND ORGANIZATION Marketing Channels for Consumer Goods and Services Direct channel Indirect channels
Common marketing channels for consumer marketing
Common marketing channels for business marketing
Representative electronic marketing channels
CHANNEL STRUCTURE AND ORGANIZATION Direct Marketing Channels Multiple Channels and Strategic Alliances Dual distribution Strategic channel alliances
Nestlé and General Mills Food industry’s first strategic alliance
CHANNEL STRUCTURE AND ORGANIZATION A Closer Look at Channel Intermediaries Merchant Wholesalers Agents and Brokers Manufacturer’s agents Selling agents Brokers Manufacturer’s Branches and Offices
CHANNEL STRUCTURE AND ORGANIZATION Vertical Marketing Systems and Channel Partnerships
Types of vertical marketing systems
CHANNEL STRUCTURE AND ORGANIZATION Vertical Marketing Systems and Channel Partnerships Corporate Systems Contractual Systems Franchising Administered Systems Channel Partnerships
CHANNEL CHOICE AND MANAGEMENT Factors Affecting Channel Choice and Management Environmental Factors Consumer Factors Product Factors Company Factors
CHANNEL CHOICE AND MANAGEMENT Channel Design Considerations Target Market Coverage Intensive distribution Exclusive distribution Selective distribution Satisfying Buyer Requirements Profitability Global Dimensions of Marketing Channels
CHANNEL CHOICE AND MANAGEMENT Channel Relationships: Conflict, Cooperation, and Law Conflict in Marketing Channels Disintermediation Cooperation in Marketing Channels Channel captain Legal Considerations
Channel strategies and practices affected by legal restrictions