Module 1 - DM

Cards (16)

  • 4 Ps/ Marketing Mix
    Product
    Price
    Place
    Promotion
  • PLACE
    • Where do buyers look for your product or service? • If they look in a store, what kind? A boutique or in a supermarket, or both? Or online? Or direct, via a catalogue?
  • DISTRIBUTION MANAGEMENT
    Refers to the process of overseeing the movement of goods from supplier or manufacturer to point of sale.
  • DISTRIBUTION MANAGEMENT
    Refers to numerous activities and processes such as packaging, inventory, warehousing, supply chain, and logistics.
  • EXCLUSIVE DISTRIBUTION
    Have exclusive stores/partners to sell products leads to more control. This can be good for niche, luxury or specialty goods where in a single partner or niche partners can help you reach core audience.
  • INTENSIVE DISTRIBUTION
    This involves a large number of intermediaries. This method is used with products that have a high consumption frequency and a low cost of production.
  • SELECTIVE DISTRIBUTION
    This involves a smaller number of intermediaries, using criteria set by the vendor such as geographic region, service and support capabilities.
  • LOCATION OF BUSINESS
    If location of a business is at a place where distribution can be readily done like near a port or railway lines, then we can rely on that mode for distribution and save costs as well
  • LOCATION OF TARGET MARKET
    If end customer is located or interacting. with similar products at a particular location then the distribution strategy needs to include it.
  • REACHING THE TARGET MARKET
    The end goal of a product is to reach the target audience when required. Distribution strategy has to ensure that the product reaches the potential customers when they look for the same.
  • WAREHOUSING
    Properly storing the inventory at apartment locations is an important aspect while deciding the distribution strategy.
  • PUBLIC WAREHOUSES
    Is a warehouse owned by governmental entities that are available to private sector companies.
  • PRIVATE WAREHOUSES
    Are usually reserved for the exclusive use of the company that owns it. This is ideal for already established companies who have enough funds to build and maintain a warehouse.
  • CO-OPERATIVE WAREHOUSES
    Are owned and managed by multiple co-operative societies. It aims to provide ample storage areas for its members rather than to make a profit.
  • DISTRIBUTION CENTER
    Are facilities meant to quickly move large quantities of items out of the warehouse and into the hands of the customers.
  • TRANSPORTATION AND LOGISTICS
    Without proper transportation either the product will not reach the target market in time or may be it would not be in right quality.