Preview

mkt311 tb chap15

Satisfactory Essays
Open Document
Open Document
17312 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
mkt311 tb chap15
ch15
Student: ___________________________________________________________________________
1.
It is primarily the retailer's responsibility to make sure customers' expectations are fulfilled. True False 2.
Retailers who advertise that they sell at wholesale prices are wholesalers. True False 3.
Today, large retailers often dictate to their suppliers what should be made. True False 4.
Many retailers and some manufacturers are exploring a multichannel strategy in which they sell in more than one channel, for example, the Internet and stores. True False 5.
Manufacturers might use selective distribution by granting exclusive geographic territories to a few retailers so no other retailers in the territory can sell a particular brand. True False 6.
Supercenters--stores that combine a supermarket with a full-line discount store--are among the fastest growing food retailer formats. True False 7.
Category specialists are also known as big box retailers. True False 8.
Dollar General and Family Dollar are examples of full-price discount retailers. True False 9.
Off-price retailers specialize in having a consistent line of merchandise available at discount prices. True False 10.
One of retailers' most fundamental activities is providing the right mix of merchandise and services. True False 11.
One significant potential benefit of the Internet channel is its ability to personalize information for each customer. True False 12.
Using electronic channels along with more traditional channels can result in customers making more total purchases from the seller. True False 13.
Choosing the right retailing partners and knowing where target customers expect to find products are key to a manufacturer's success. True False 14.
When retailers extend their services to the Internet and become multichannel retailers, they are able to satisfy a broader range of customers' needs and wants.

You May Also Find These Documents Helpful

  • Powerful Essays

    Budget Analyst

    • 1404 Words
    • 6 Pages

    A marketing channel is simply a path that flows from sellers to end-users (customers). Traditional brink and mortar marketing channels can include intermediaries such as manufacturers’ agents, wholesalers, and retailers. Members of a traditional distribution channel can be responsible for activities such as transportation, promoting, sorting, order processing, inventory management, insurance, and financing (Finch, 2012). All of these members of the distribution chain must be compensated for their services which not only diminish profits to producers, but it also can translate into higher cost for customers. Some of the benefits of this process are is that these middlemen or intermediaries are responsible for adding value to the goods being sold. This process can only be justified if it continues to add value that surpasses the value that the producer operating independently can.…

    • 1404 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    This is an Overview of Distribution Channels, and our target market’s needs in distribution channels.…

    • 488 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    All Saints

    • 770 Words
    • 4 Pages

    Multiple channels allows the company to further penetrate the market, reach a larger customer base and give customers a variety of ways to experience the brand an products…

    • 770 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Multiple retailers are retailers that operate a retail business in which they offer products to customers through multiple retail channels. Multi retailing is also known as Multi-channel retailing. Some multi-channel retailers do business through two channels, while others use three or more. In general, if a retailer offers products and services through more retail channels, they have a higher likelihood of making sales. The traditional brick-and-mortar store still offers social benefits, touch-and-feel, but portability is an exclusive, example for catalogues as customers can take them anywhere and order products. The Internet offers major convenience. It is available 24 hours a day, and customers can shop from home whenever they feel the need to do so. Multi retailers have more advantage even over the only-internet based retailers as they already have established brands…

    • 428 Words
    • 2 Pages
    Good Essays
  • Good Essays

    mktg 205 unit 3 project

    • 962 Words
    • 4 Pages

    This paper is intended to shine a light onto distribution channels, both direct and indirect, as well as, provide a better understanding of channel levels. It will also deal with the different channel organizations, including conventional, horizontal, vertical and multichannel marketing systems.…

    • 962 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    The multichannel system is when companies use one or more than one marketing channels to interact, promote and sell their products (Kotler & Keller, 2016, p.192). The increase in channels has three benefits to the companies; which are an” increase market coverage, lower channels cost, and the ability to do more customized selling.” (Kotler & Keller, 2016, p.193). For example, Dick’s sporting uses promotional emails, donate and sponsor team and leagues in the community and newspaper ads to communicate to customers.…

    • 326 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Mkt/421 Marketing Mix

    • 1459 Words
    • 6 Pages

    For example, a company producing power tools would not want to distribute their goods in a boutique. The intended customer base is not likely going to be found here. The correct distribution would be in a store where power tools are sold like Home Depot. While having a great product is important, you need to get it to the consumer in the most efficient manner.…

    • 1459 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Itc 101 Quiz

    • 2722 Words
    • 11 Pages

    9. Channel conflict occurs when click-and-mortar companies have problems with their regular distributors when they sell directly to customer online. ( )…

    • 2722 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    Harrison

    • 2341 Words
    • 10 Pages

    However, today’s customers are looking for both value and specialization. Thus we can see the appearance of many specialty stores. Superstores and giant discounters are also popping up. At the same time, the retail industry faces the challenge of keeping a well trained, highly motivated sales staff and management team that can handle well such a change and everything it brings with it.…

    • 2341 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    There are two channels of distribution; indirect and direct. Indirect channels of distribution involve distributing the product to different outlets before it gets to the retailer or consumer, for example the product is sold to a manufacture, then to a wholesaler, and then on to the retailer. Direct channels of distribution involve shipping the product directly from the manufacturer to the consumer.…

    • 1253 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Distribution Channels

    • 948 Words
    • 4 Pages

    Any product or service in the marketplace utilizes distribution channels to reach its customers. Although the manufacturers and services providers can and do provide their goods and services directly, utilizing distribution channels multiplies the number of goods and services that reach the marketplace (Advameg, Inc, 2011). Therefore, distribution channels can increase market share and profit margins since these distribution channels help the company’s product reach its target segments and enter into new marketplaces (Advameg, Inc., 2011). As they enter into new regions, stores, and the like, manufacturers and service providers can capitalize on these channels and markets by cultivating demand. Yet, the beauty of the distribution channels rests within the ways they free these companies and manufacturers to do what they do best, manufacture products and provide services to meet customer demands. Distribution channels just help these companies reach their goals and satisfy the manufacturers’ and service providers’ customers.…

    • 948 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The multi- channel systems empower manufacturers to demonstrate high speed that meet the customer’s needs. Due to the advantage in pinpointing the correct retailer which will give the ability to allow businesses to penetrate in the markets. The multi- channel participation involvement converting into dispute and evolve into more and more…

    • 1377 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Success within the retail industry requires understanding the customer’s needs, wants, motivations and different lifestyle. The definition of retailing is defined as, “Selling goods or services directly to the customer for personal, non-business use” (Poloain, p.8).…

    • 872 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Utilizes multiple retail channels to reach end customers – Reshape the business to reduce cost…

    • 453 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Not too long ago, if a person starts a business, he might place a few advertisements locally in the hopes of building a name for himself in the area. The Internet has changed that practice completely. An Internet presence instantly gives his company a global audience. Customers from around the world are able to learn about and purchase his products and services. His potential population of customers is endless.…

    • 4559 Words
    • 19 Pages
    Powerful Essays

Related Topics