To think critically about: The way to find out about the shoes and groceries stores, distance to be travel to get to the stores and money saved for the time and effort.
Introduction:
The link between the producers and other intermediaries that connect producers to the end consumers is known as the intermediaries.
Explanation of Solution
In case, if the marketing intermediaries are eliminated, people will find the shoes and groceries stores with the help of the links and connections people have with others.
People would have to travel a little further more than used to go before because people are unaware of the exact location of the store and have to find it out. People would save pretty much sufficient time and money, as people will not be thinking about where to go and what to buy and are not buying the random stuff; rather people will just go to the desired destination and shop what is actually needed.
Therefore, it can be concluded that in case of elimination of the marketing intermediaries people will use their connections to find the shoes of shoes and groceries.
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Chapter 15 Solutions
Understanding Business
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- Spend some time browsing Alibaba.com and taking a look at some examples of the products that are offered for sale. What are some of the logistical factors that are different between buying anything from Amazon.com vs Alibaba.com?arrow_forwardRead and analyze the following statements. Write the type of intermediaries best described (agents, wholesalers, distributors, retailers)arrow_forwardAssume your company makes Laptop and Computer products. Make a list of all the companies that could be potential customers of your firm. Then identify all the markets from which their demand is derived. What factors might influence the success or failure of your business in these markets?arrow_forward
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