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19 Cards in this Set

  • Front
  • Back

Organizations that eases the transfer of ownership

Marketing channel

Parties who negotiate with one another and facilitate the change of ownership

Channel members

Difference between the amount of product produced and the amount a user wants to buy

Discrepancy of quantity

Lack of items a customer needs to receive full satisfaction

Discrepancy of assortment

Situation when a product is produced but the customer is not ready to buy it

Temporal discrepancy

Difference between the location of a producer and the location of markets

Spatial discrepancy

Channel intermediary that sells to consumers

Retailer

Institution that buys goods from manufactures and resells them to wholesalers and later ships them

Merchant wholesaler

Wholesaling intermediaries who do not take title to a product

Agents and brokers

Efficient and cost-effective forward and reverse flow

Logistics

A distribution channel in which producers sell directly to cunsomers

Direct channel

The use of two or more channels to distribute the same product to target markets

Dual distribution

Agreement to use the others already established distribution channel

Strategic channel alliance

Form of distribution aimed at having a product available in every outlet where customers want to buy it

Intensive distribution

Form of distribution achieved by screening dealers to eliminate all but a few in any single area

Selective distribution

Form of distribution that establishes one or a few dealers

Exclusive distribution

A relationship between companies that is loose, low relational investment and trust

Arms-lenght relationship

A relationship between companies that takes the form of informal partnership with moderate levels of trust

Cooperative relationship

A relationship between companies with high levels of trust

Integrated relationship