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Strategic Marketing 7.00 Vocabulary Review

AB
DistributionActivities that products available to customers when adn where they want to purchase them
AgentMiddleman that assists in the sale and/or promotion of goods (does not take ownership)
Channels of DistributionPaths or routes that goods and services take fromthe producer to the ultimate consumer
ConsumerA person who uses a good or service
Consumer GoodsGoods used by consumers
Exclusive CoverageDistribution is confined to one dealer in an area
Indirect ChannelChannel of distribution where goods move from the producer to the middlemen to the consumer
Direct ChannelDistribution where the product goes from the producer straight to the consumer
Industrial GoodsGoods used by an industrial user
Industrial UserBusinesses or industries that use goods or services
Integrated CoverageDistribution when manufacturers act as their own retailers or wholesalers
Intensive CoverageWidespread distribution of products that consumers expect to be able to buy almost anywhere
Inventory ControlKeeping track of the amount of stock on hand, sold and on order
MiddlemenChannel members operating between the producer and the industrial user to help in the movement of goods and services.
Order ProcessingInvolves receipt and transmission of sales order information
PackagingEnclosing products in appropriate wrappings or containers
PerishableCapable of spoiling, decaying, or dying
Place UtilityUsefulness created by making sure goods are available at the place they are needed/wanted by consumers
RetailerA business the buys consumer goods to resell to the ultimate consumer
WarehousingThe design or operation of facilities for storing and moving goods.


Raleigh, NC

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