Place Flashcards
1
Q
What is place ?
A
A location where buyers and sellers exchange payment in return for goods and or services.
2
Q
What is traditional Distribution ?
A
Manufacturer sells to wholesaler in bulk, Wholesaler sells to retailer, Retailer sells to consumer
3
Q
What is modern Distribution ?
A
Producer sells to retailer , Retailer sells to consumer
4
Q
What is direct selling/E-com distribution?
A
Producer sells to consumers
5
Q
What is a distribution channel?
A
The path/Route taken by a product from Producer/Manufacturer finally to consumer
