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25 Cards in this Set

  • Front
  • Back

Closed Sales Territory

It restricts their distributors to certain geographic regions.

Selective Distribution

When a firm selects a few retail outlets in a specific geographical area to carry its products.

Physical Distribution

It refers to a road range of activities related to efficient movement of finished goods.

Direct Marketing Channel

It allows consumers to buy products by interacting with various advertising media.

Forward Integration

When the firm attempts to control downstream distribution l.

Marketing Intermediary

An organization that operates between producers and consumers or business users.

Brokers

These are independent firms or individuals whose principal function is to bring buyers and sellers together to make sales.

Selling Agents

They represent a single producer and are responsible for the entire marketing function of that product.

Wholesaler

A marketing intermediary that takes title to the goods it handles and then distribute these goods to retailers, other distributors and end consumers.

Product Management

It is the aspect of marketing that deals with the specifications of the actual good or service.

Gray Products

Products manufactured abroad under license from U.S. firm.

Materials Handling System

Activities for moving products within plants, warehouses, and transportation terminals.

Reverse Channel

A marketing channel that are designed to return goods to their producers.

Backward Integration

Manufacturer attempts to gain greater control over inputs to production process.

Temporal Discrepancy

A situation that occurs when a product is produced but a customer is not ready to buy it.

Supply Chain

A complete sequence of suppliers and activities that contribute to the creation and delivery of merchandise.

Supply Chain Management

The control of the activities of purchasing, processing, and delivery through which raw materials are transformed into products.

Intermodal Operations

Refers to the combination of transport modes to improve customer service.

Intensive Distribution

A firm that tries to place its products or services in as many outlets as possible.

Contract Carriers

For-hire transporters.

Tying Agreement

Requires a marketing intermediary to carry items other than those they want to sell.

Spatial Discrepancy

The difference between the location of a producer and the location of widely scattered market.

Private Carriers

Transporters that provide service solely for internally generated freight.

Distribution

The movement of goods and services from producers to consumers.

Marketing

The craft of linking the producers of a product or service with customers. Both existing and potential.