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Agents
Intermediaries that assist in the sale and/or promotion of goods and services but do not take title to them
Channels of distribution
Paths, or routes, that goods or services take from the producer to the ultimate consumer or industrial user
Consumer goods
Tangible items produced for personal use
Direct channel of distribution
A channel of distribution in which goods and services move directly from the producer to the consumer or industrial user; also known as direct distribution
Goods
Tangible objects that can be manufactured or produced for resale
Indirect channel of distribution
A channel of distribution in which goods and services move from the producer to intermediaries and then to consumers or industrial users; also known as indirect distribution
Industrial distributor
A channel member that buys industrial goods and sells them to industrial users
Industrial goods
Tangible items that will be consumed by industrial users
Industrial user
A business that buys materials, services, or goods that will be used to make other goods or used in the operation of the company
Intermediaries
Channel members operating between the producer and the consumer or industrial user to help in the movement of goods and services; also known as middlemen
Producers
The people who make or provide goods and services
Product
A good or service that a company sells to customers
Retailer
A business that buys consumer goods or services and sells them to the ultimate consumer
Services
Intangible activities that are performed by other people for money; productive acts that satisfy economic wants
Ultimate consumers
People who personally use a good or service to satisfy their own needs or wants; also known as final consumers
Wholesalers
Intermediaries that help move goods between producers and retailers by buying goods from producers and selling them to retailers