• Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

Card Range To Study

through

image

Play button

image

Play button

image

Progress

1/14

Click to flip

Use LEFT and RIGHT arrow keys to navigate between flashcards;

Use UP and DOWN arrow keys to flip the card;

H to show hint;

A reads text to speech;

14 Cards in this Set

  • Front
  • Back
Raw material suppliers, components, parts, information, finances, and expertise to create a product or service
Upstream partners
Marketing channels or distribution channels that look toward to customer
Downstream partners
Network made up of the company, suppliers, distributors and ultimately customers who partner with each other to improve the performance of the entire system.
Value delivery network
Set of interdependent organizations involved in the process of making a product or service available for use or consumption by the consumer or business user.
Marketing Channel
Nature and Importance of Marketing Channels
Channel choices affect other decisions in the marketing mix, a strong distribution system can be a competitive advantage, channel decisions involve long term commitments to other firms.
How channel members add value
Intermediaries require fewer contacts to move the product to the final purchaser, help match product assortment demand with supply, help bridge major time, place and possession gaps that separate products from those who would use them.
Number of channel levels
The number of intermediary levels indicates the length of a marketing channel, producers lose more control and face greater channel complexity as additional channel levels are added.
Occurs when channel members disagree on roles, activities or rewards
Channel conflict
Occurs among firms at the same channel level
Horizontal conflict
Occurs among firms at different channel levels
Vertical conflict
Consists of members acting as a unified system, use contracts, ownership or pwoer
Vertical marketing systems
Corporation owns production and distribution. Coordination and conflict through regular organizational channels
Corporate VMS
Individual firms who join through contracts.
Contractual VMS
Leadership through the size and power of dominant channel members. Leadership could be manufacturer or retailer.
Administered VMS