Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Management Expert

Product, place/market where available, price, manufacturer, quality and quantity. Producer's reputation goes long way in assisting customer make up his mind to buy the item. Customer will be ready to pay higher price for reputed producer's product than to one produced by unknown producer, although quality may be better than former's. Intermediary advertises about product and offers that he is making on purchase of it to buyers.

Advertising is means of communication persuading audience to continue purchasing same product or try new one. Messages are normally sponsored and viewed on TV, Radio, Magazines, or these days through direct mails, blogs, websites or text messages. Intermediary arranges for all these amenities leaving manufacturer concentrate on production.

A) Give three exs when advertising to intermediaries might be essential? prepare down the objective(s) of such advertising? In first resources of intermediaries are channelized in setting up marketing linkages and contacts with customers. Intermediaries either themselves carry out this role or employ service of specialized agencies particularly in case of highly sophisticated technical items.

B) Logistical: It is very important role in keeping price level by helping producer keep low inventory and distributing finished products fast. It is physical distribution of product after sorting and storing and making available to final consumer when required. It allows the producer use empty space for any more useful alternative use, and avoids blocking of enormous funds in inventory and storing finished goods.

C) Facilitating: Intermediary arranges for storage and renders financial support to marketing chain. He further aids purchasers buy in instalments.
Together, these functions carried out by intermediary make sure market coverage, decrease cost of market coverage, increase availability of cash flow in distribution channel, and increase end-user convenience. Producer can bypass the intermediary by elimination or substitution, but tasks carried out by intermediary can't be eliminated.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M934242

Have any Question? 


Related Questions in Business Management

1 calculating costs of issuing stock turbo technology corp

1. Calculating Costs of Issuing Stock Turbo Technology Corp. recently went public with an initial public offering of 3.15 million shares of stock. The underwriter used a firm commitment offering in which the net proceeds ...

Legitimate power belongs to someone who occupies a

Legitimate power belongs to someone who occupies a particular job, office, or position in an organizational hierarchy. Discuss the difference between power and authority; then, present a scenario/situation where it is pr ...

The scottish milk industry is perfectly competitive and is

The Scottish milk industry is perfectly competitive, and is initially in long-run equilibrium, with 1000 dairy farmers each producing 1000 liters of milk per day, so 1 million liters per day in total. Draw a diagram show ...

In 400 words with referencesexplain the importance of

In 400 words with references: Explain the importance of financial information in a healthcare organization. Who are the stakeholders in the organization that need financial information and how is it used? Provide example ...

What are the main reasons for globalizing operations name

What are the main reasons for globalizing operations? Name at least four (4) reasons.

Preparing to conduct business researchpart 1industry will

Preparing to Conduct Business Research Part 1 Industry will be given once handshake made. Will be part 1 of 3 so would like to continue with same tutor. Purpose of Assignment Learning Team assignment is part of a 3-part ...

Power pointi will need 12-15 slides with 200-250 speaker

Power Point I will need 12-15 slides with 200-250 speaker notes per slide. Michelle has told you that the board is now ready to see the final presentation of your plan for MM's new product. "They are very eager to see wh ...

1 explain the measures of univariate variable description

1: Explain the measures of univariate variable description that we have (i.e., frequency, central tendency, and dispersion). What do these measures tell us? Why are they useful? 2: Discuss the major strengths and weaknes ...

You have been given the responsibility of working with your

You have been given the responsibility of working with your organization's CEO to do a competitive market analysis of the potential success of one of their existing products. Select  your organization and a product produ ...

Utilization of standardization versus adaptation in

Utilization of Standardization versus Adaptation in implementation of the marketing mix (the four Ps) Product - Specifications, types, customer service, packaging, branding. Place - Distribution methods, channel structur ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen