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Marketing Mix . PLACE. Learning Objectives. Understand the importance of where a business sells its product/service Understand the different methods of distribution. Place. Where a product is sold Method of distributing the product. Where?. Linked to location of a business
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Marketing Mix PLACE
Learning Objectives • Understand the importance of where a business sells its product/service • Understand the different methods of distribution
Place • Where a product is sold • Method of distributing the product
Where? • Linked to location of a business • Town, industrial estate, out of town shopping centre? • It depends on the nature of the business • Car manufacturing would locate ………..? • Fashion clothing store
High Street Online Train station Airports Motorway
Methods of Distribution • This is how the producer gets the product to the consumer (end user). • Wholesaler – “middle man” breaking the bulk and sell to smaller retailers (e.g. corner shops) • Regional Distribution Centre – e.g. Ikea has a depot in Peterborough storing all the products • Retailer – the business that sells to consumer
Types of Retailers • Chain stores • Department stores • Hypermarket • Supermarket • Catalogue • Online
Method 1 Producer Consumer How?
Method 2 Consumer Retailer Producer
Method 3 Producer Wholesaler/RDC Retailer Consumer
For each product think of the different ways they can be bought: • Books • Mobile phones • Shoes • Bananas
Best method for distributing: • Laptop • Fizzy drink • Quality Jeans • Farmer selling milk • Selling holidays Give your reasons!