Rationalize Channel Margins to Optimize Distribution Costs By Makarand Joshi Asst. Professor - Orange City Institute of Higher Education‚ Nagpur Email: makarand1234@gmail.com; Mobile 9422805719 ABSTRACT: Distribution Channel Margins form an important component of the distribution cost which directly affects the bottom line of any company. While the companies are trying to reduce the distribution costs‚ to improve their own margin pressures‚ there seem to be little innovations in
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Distribution decisions Lesson 3 Objectives • Explain why companies use marketing channels and discuss the functions these channels perform. • Discuss how channel members interact and how they organize to perform the work of the channel. • • Identify the major channel alternatives open to a company. • Discuss the nature and importance of marketing logistics and integrated supply chain management. • Discuss the future of retailing Explain how companies select‚ motivate‚ and evaluate channel
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terms of location and distribution of your products or services‚ do you think that your organization is strategically located? What would you recommend management do if any‚ in terms of their location and distribution? DISTRIBUTION 4.1. Yes‚ I think that Nike Inc. Is strategically located. 4.1.1. Distribution Channels 4. I would recommend Nike Inc. to use intensive distribution i.e. Nike inc. would sell to Wholesaler; who then sell to retailer in bulks‚ and the retailers would sell to consumers
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15: Designing and Managing Integrated Marketing Channels GENERAL CONCEPT QUESTIONS Multiple Choice 1. Intermediaries who buy‚ take title to‚ and resell the merchandise are called ________. 2. Companies that search for customers and may negotiate on the producer’s behalf but do not take title to the goods are called ________. 3. Transportation companies‚ independent warehouses‚ banks‚ and advertising agencies that assist in the distribution process but neither take title to goods
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5. Connections – Distribution Channels; Supply Chains Can you reach your customers in a cost-effective way? For both Marketing & Sales. Yes‚ they can reach their customers using online advertising websites‚ phone calls‚ company app‚ discounts‚ mail and coupons. Also‚ customer reviews to explore the interest of students to use the Rent for their company’s app application. What relationships do you currently have with your potential suppliers? Company need to have good relationship with their providers
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Contents : Contents Product Classification Market Segmentation Market Strategy Marketing of Rolex Background of Rolex watch Channel Distribution & Promotion Background of watch : Background of watch It is difficult to imagine a world without clocks. People in the modern economy depends on the ability to measure time. Switzerland & Watch : Switzerland & Watch Watch making in Switzerland was introduced in the middle of the sixteenth century by the Huguenots. Around 1785 some 2000 persons
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Network Marketing: Exploitation of relationships – Myth or Reality? Geevarghese K. Mathews* Dr. James Manalel** Siby Zacharias*** Abstract The Network Marketing‚ first popularized by Amway‚ in 1950s in USA is gaining momentum in India. The total turnover of network marketing companies in India was estimated at Rs 301‚044 crores in 2005 with an annual growth rate of 25% .The India Direct Selling Association (IDSA) has projected that the network marketing industry will be around Rs 8000 crores by
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You as the Marketing manager of the Chick Soap Company‚ answer the following questions: Q1) Who are your target audience? The main consumer is the working female from 25-45 is the target segment. Also‚ the working women from 35-45 according to market research socio-economic group A. In order to determine the target audience then we need to calculate the selling price‚ and since the price elasticity of the premium product sector was fairly low‚
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RCI Master Distributor Evolution of Supplier Relationships 9/16/2012 Group 3 PHILIP CORRADINI (IE/15/009) KAMALIKA GANGOLY (PGP/15/019) S. SIDDHARTH (PGP/15/048) DEVINA BHASKAR (PGP/15/082) APOORVA GOYAL (PGP/15/130) MADHURI MUKHERJEE (PGP/15/155) AMARENDRA (PGP/15/202) DHANANJAY JANARTHANAN (PGP/15/216) GAUTAM S (PGP/15/277) S. HARIPRASAD (PGP/15/314) HISTORY OF RCI 1946 – Mark Schwartz founded a motor repair business and secured a GE franchise for component parts. He was instrumental
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Innovative Channels are being experimented with by F.M.C.G. Majors? Please discuss their role in future? In recent years the various innovative channels that are being experimented by FMCG majors in India are: Partnering with Self Help Groups in Rural India. Internet based Rural Kiosks/Hubs Direct Selling We will discuss in detail each of these channels in terms of their current reach and its future growth potential and the role they play in the future of the FMCG distribution. Partnering
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