The document outlines the members of Group No. 3 and discusses the importance of physical distribution and channel decisions in marketing management. It also defines marketing channels and describes their various functions like bringing buyers and sellers together, creating customer value, and making products available. The document notes that effective channel design and management is important to achieve goals like market coverage, cost-efficiency, and minimizing customer effort.
Word Count for Writers: Examples of Word Counts for Sample Genres
Marketing channels
1. Group No. 3
• Arun Kumar V. K
• Deepa Rose Jacob
• Molamma Abraham
• Jerry Jose
• Kichu V John
• Rithvik R Nair
• Rohit Nair
2.
Physical distribution has become more
dynamic.
It
aims
to
maximize
customer
satisfaction.
Physical distribution and channel decisions
are critical in marketing management.
3. “an array of exchange relationships that create
customer
acquisition,
value
consumption,
products and services.“
in
and
disposition
the
of
7. Bring buyers and sellers together.
Make products or services available to
customers at convenient time.
Producers cannot deal directly with
customers.
Awareness creation
More profitable sales.
9.
Facilitate selling by being physically close to customers
Provide
distributional
efficiency
by
bridging
the
manufacturer with the user, efficiently & economically
Break the bulk & cater to the tiny requirements of buyers
Assemble products into assortments to meet buyers need;
match „segments of supply' with „segments of demand‟
Look
after
logistics
a
part
of
physical distribution/
marketing
11.
…create time, place, possession and
information utilities.
TIME
PLACE
POSSESSION
Information
3 21 57
1
9 24
7
Creating utilities for customers.
12. Nature of product
Nature of customers
Middlemen consideration
Company consideration
Market consideration
Competitor‟s channel
13.
Effective coverage of the target market
Efficient cost-effective distribution
Ensuring that consumers incur minimum exertion in
procuring the product
Helping
the
firm
to
carry
on
manufacturing
uninterrupted, confident that the channels will
take care of sales.
Partnering the firm in financing & sub-distribution
tasks.
14. Link producers to buyers
Convert potential buyers to profitable
customers
Achieve targeted service output levels
15.
Provide distribution efficiency
Provide salesmanship
Help in price mechanism
Look after a part of physical distribution &
financing
Assist in merchandising
Provide market intelligence
Act as change agents & generate demand
Take care of the flows involved in distribution
16.
Provide pre-sale & after sale service
Assist in sales promotion
Assist in merchandising
Assist in introducing new products
Assist in implementing the price mechanism
Assist in developing sales forecast
Provide market intelligence & feedback