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Marketing Cp 13

Marketing Chp 13 Word

QuestionAnswer
Channel Conflict Arises when one channel member believes another channel member is engaged in behavior that prevents it from achieving its goal
Customer Service The ability of logistics management to satisfy users in terms of time, dependability, communication, and convenience
Disintermediation Channel conflict that arises when a channel member bypasses another member and sells or buys product directly
Dual Distribution An arrangement whereby a firm reaches different buyers by using two or more different types of channels for the same basic product
Exclusive Distribution A level of distribution density whereby only one retail outlet in a specific geographical area carries the firms products
Intensive Distribution A level of distribution density wherby a firm tries to place its products and services in as many outlets as possible
Logistics those activities that focus on getting the right amount of the right products to the right place at the right time at the lowest possible cost
Marketing Channel Individuals and firms involved in the process of making a product or service available for use or consumption by consumers or industrial ususers
Multichannel Marketing Blending of different communication & delivery channels that are mutually reinforcing in attracting, retaining, & building relationships w/consumers who shop/buy in traditional intermediaries and online
Selective Distribution A level of distribution density whereby a firm selects a few retail outlets in a specific geographical area to carry its product
Supply Chain A sequence of firms that perform activities required to create and deliver a good or service to consumers or industrial users
Total Logistics Cost Expenses associated with transportation, materials handling and warehousing, inventory, stockouts, order processing, and return goods handlling
Vendor-managed Inventory An inventory management system whereby the supplier determine the product amount and assortment a customer needs and automatically delivers the appropriate items
Vertical Marketing Systems Professionally managed and centrally coordinated marketing channels designed to achieve channel economics and maximum marketing impact
Created by: kkolsch
 

 



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