180 likes | 442 Views
Marketing Channels . Where Mission Meets Market Teacher – Shahed Rahman. What is Channel Marketing ?? . Arrangements to make possible delivery of goods to industrial users or customers and to final consumers Bridging Producers and Users
E N D
Marketing Channels Where Mission Meets Market Teacher – ShahedRahman
What is Channel Marketing ?? • Arrangements to make possible delivery of goods to industrial users or customers and to final consumers • Bridging Producers and Users • Marketing Channels can be viewed as sets of interdependent organizations involved in the process of making a product or service available for consumption or use
Examles • Beneton Group, Italy • Ships 80 million items each year • 7000 stores • 100 countries • Order cycle time 7 days • Shipped from warehouse • Bar code Technology • Kodak – 1) Direct sales representatives 2)Brokers and Distributors 3) Components Marketing Organization- Reseller
Marketing channel performs the work of moving goods from producers to consumers. • Provides value • Performs a function • Expects an economic return
Expert channel marketing will encompass • strategic solutions, • programmed and project management, • customer communications • database marketing • customer value modeling • partnership marketing • digital marketing • CRM systems • customer service operations • marketing technologies • mailing production and distribution.
Need to look at • The most crucial aspect of channel marketing is in identifying new channels through which to sell and support your services and products. • Partners must have the right positioning and market exposure in order to drive up sales in a real and meaningful way and thereby to increase profits. • Third party training and support to manage resources to ensure that a channel marketing drive is a smooth running and efficient operation often accompany this.
Strategy • Supplying goods and services at the • Right place • Right time • Right Quantity • Right Quality • And with a Right price Marketing channels can stimulate the demand through promotional activities
Roles of marketing channel in marketing strategies • Links producers to buyers. • Performs sales, advertising and promotion. • Influences the firm's pricing strategy. • Affecting product strategy through branding, policies, willingness to stock and customizes profits, install, maintain, offer credit, etc
Emergence of Marketing Channel Structures • Intermediaries arise in the process of exchange because they can improve the efficiency of the process • Channel intermediaries arise to adjust the discrepancy of assortment thorough the performance of the sorting process • Marketing agencies hang together in the channel arrangements to provide for the routinization of transactions • Channel Facilitate the searching process
Need to confirm with the intermediaries • Channel Distribution evolve to serve customer needs • Shipping Time • Ordering • Technical Support • Repair Service • Variety • Branded Product • Return Policy