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Channel It!
CM001
17
Marketing
11th Grade
04/03/2014

Additional Marketing Flashcards

 


 

Cards

Term
1. Agents: Intermediaries who assist in the sale and/or promotion of goods and services but do not take title to them
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2. Channels of distribution: Paths, or routes, that goods or services take from the producer to the ultimate consumer or industrial user
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3. Consumer goods: Tangible items produced for personal use
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4. Direct distribution: A channel of distribution in which goods and services move directly from the producer to the consumer or industrial user
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5. Goods: Tangible objects that can be manufactured or produced for resale
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6. Indirect distribution: A channel of distribution in which goods and services move from the producer to the channel members and then to consumers or industrial users
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7. Industrial distributor: A channel member that buys industrial goods and sells them to industrial users
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8. Industrial goods: Tangible items that will be consumed by industrial users
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9. Industrial user: A business that buys materials, services, or goods that will be used to make other goods or used in the operation of the company
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10. Intermediaries: Channel members operating between the producer and the consumer or industrial user to help in the movement of goods and services
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11. Middlemen: See intermediaries
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12. Producers: The people who make or provide goods and services
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13. Product: Marketing element referring to what goods, services, or ideas a business will offer its customers
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14. Retailers: Businesses that buy consumer goods or services and sell them to ultimate consumers
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15. Service(s): Intangible activities that are performed by other people for money; productive acts that satisfy economic wants
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16. Ultimate consumers: People who personally use a good or service to satisfy their own wants
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17. Wholesalers: Intermediaries who help to move goods between producers and retailers by buying goods from producers and selling them to retailers
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