True of False only please answer all Considering B2B brands, the manufacturer typically use a “direct” or “indirect” sales channel strategy to build revenue.
True of False only please answer all Considering B2B brands, the manufacturer typically use a “direct” or “indirect” sales channel strategy to build revenue.
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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True of False only please answer all
- Considering B2B brands, the manufacturer typically use a “direct” or “indirect” sales channel strategy to build revenue.
- When using intensive distribution strategies it is often used for convenience offerings considering products customers purchase on the spot without much shopping around.
- A multi-channel strategy involves carefully selecting several
marketing channels in the same category and using them to connect with both potential and current customers. - There will be a complete channel strategy when it includes all the steps a vendor takes to connect with their target customers through various platforms or channels. The goal of each channel strategy can vary, depending on a marketing channel's overarching marketing and sales objectives.
- Creating an effective channel strategy can help companies determine where and how their consumers prefer to purchase their products.
- Companies often select which channels to integrate into their channel strategy based on the current markets they are serving.
- When the selected intermediary has the ability to push the product in the market in the wake of the cut-throat competition,it can be attributed to sales performance.
- When considering the prospective intermediary’s attitude, it is usually measured in terms of its aggressive approach, enthusiasm, and ability to take initiatives reflect its attitude towards success.
- It is considered to be vital for firms that have products that consumers are not well of to have a good work done in communicating the benefits of managing their products from the perspective of channel members.
- Using surveys techniques like formal and informal interviews to know the opinions of consumers might be able to create useful understandings about the opportunities and threats of a prospective channel member may pose for the company.
- When the manufacturer doe not have a selection criteria can be extremely deteriorating in the early stages of the business.
- The ability of the intermediary to have a wide geographical reach that comprises of the manufacturer’s target market and would like to reach is known as market coverage.
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