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Chapter 7 "Channels of Distribution"

A Vocabulary Review for Marketing Essentials

AB
channel of distributionthe path of a product from producer to the final consumer
consumersomeone who buys a product for personal use
distribution planningdecisions about how a product and ownership of it move from the producer to the final user
merchant intermediarywholesaler or retailer who takes title to goods
selective distributionuse of limited intermediaries in a given geographic area
retailerdistributes small quantities of merchandise to final user
indirect distributionprocess that involves one or more intermidiaries
direct distributionsale of merchandise straight from manufacturer to final consumer

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