channels of distrubiton

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16 Terms

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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

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Channels of distribution

Paths, or routes, that goods or services take from the producer to the ultimate consumer or industrial user

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Consumer goods

Tangible items produced for personal use

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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

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Goods

Tangible objects that can be manufactured or produced for resale

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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

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Industrial distributor

A channel member that buys industrial goods and sells them to industrial users

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Industrial goods

Tangible items that will be consumed by industrial users

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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

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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

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Producers

The people who make or provide goods and services

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Product

A good or service that a company sells to customers

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Retailer

A business that buys consumer goods or services and sells them to the ultimate consumer

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Services

Intangible activities that are performed by other people for money; productive acts that satisfy economic wants

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Ultimate consumers

People who personally use a good or service to satisfy their own needs or wants; also known as final consumers

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Wholesalers

Intermediaries that help move goods between producers and retailers by buying goods from producers and selling them to retailers