Shared Flashcard Set

Details

Mktg 301 - ch. 15
concept check 3
16
Marketing
Undergraduate 3
11/18/2008

Additional Marketing Flashcards

 


 

Cards

Term
Marketing Channels & Utility (x3)
Definition

Time - available products

Place - locations where customers wish to purchas

Possession - access to use or store product

Term
Supply Chain Management - (Key Tasks x4)
Definition

Planning - systemwide coordination

 

Sourcing - purchasing resources to support members

 

Delivery - activities that move the product through the chain

 

Relationships - activities that foster L-T customer relationships

 

Term
Direct Marketing Users
Definition

producers that sell goods directly from their factories to end users

 

&

 

companies that sell their own products via the internet

Term
Why intensive distributors use intermediaries?
Definition

can't possibly reach all (many) customers and retailers

 

*convenience goods (ex. gum)

Term

 

Dual Distribution

Definition

 

2 + mktg channels to distribute the same product to the same target market

 

 

(ex. retail outlets & mail-order catalogs)

Term
Strategic Channel Alliance
Definition

products by Org. A distributed though channels of Org. B

 

 

(ex. H20 through soft drink channels)

Term
Choosing a Mktg Channel
Definition

Customer Characteristics

 

Product Attributes

 

Org. Type

 

Competition

 

Mktg Environmental Forces

 

Intermediaries

Term
Intensive Distribution
Definition

uses all available outlets

 

↑ sales based on availibility

 

*convenience goods (ex. gum, bread, etc.)

Term
Selective Distribution
Definition

uses only some available outlets

 

 customers compare prices, research, time, etc.

 

customer service

 

*shopping products (ex. TVs, stereos, etc.)

Term
Exclusive Distribution
Definition

1 outlet for a large geographical area

 

 

 

*infrequent, long-lived, expensive products

(ex. Porsche, Bentley, etc.)

Term
Channel Captain (Leader)
Definition

dominant member of a channel supply chain

 

 

(ex. Wal-Mart)

Term
Channel Power
Definition
ability of 1 channel member to influence another's goal achievement
Term
Vertical Channel Integration
Definition
combines 2+ stages of the mktg. channel under 1 management
Term
Horizontal Channel Integration
Definition
combining org.'s @ the same channel level under 1 management
Term
Exclusive Dealing
Definition
manufacturer forbids an intermediary to carry competitor's products
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