Different companies use different marketing methods and techniques to boost their sales. The marketing basically creates awareness among the people about the product that product is available in the market for the end users. After the production, when the product reached to its finished good. Then the companies adopt different strategies to dispatch the product. Companies never directly approach to the market to sell their product or services. There are some intermediaries performing different functions.
“Marketing channel are sets of interdependent organizations involved in the process of marketing a product or services available for use or consumption. They are the set of path ways a product or service follows after production, culminating in purchase and use by the final end user." (kotler et al 2006)
Marketing Channel involve different intermediaries which takes product from the warehouse to the market to resell them in the market i.e. retailers, wholesalers, and distributors. Apart from them, there are agents. Agents personally approach to people, other words they act as a producer. He negotiates with them and makes them to buy the product. Other marketing channels help to “assist in the distribution process but neither take title to goods nor negotiate purchase or sales; they are called facilitators" (kotler et al 2006). Proper marketing channel ensures that the product is reaching to its proper place and in right hands. Marketing can be direct from producer to the consumers or it can be intermediaries involve in the process. “The physical distribution structure that moves a product from the manufacturer to the consumer or user and the marketing structure that is established as a part of the channel of distribution to ensure the manufacturer that all marketing objectives are accomplished". (Russell W. Mccalley 1992.
According to Russell during marketing channels, different actions are evolving. Those actions are commonly present in every marketing process. They are:
1.Communication: The interaction with the people during marking refers as a communication. It can be mailing, phoning, interacting with the individuals during selling the product. Through better communication producer can come to the evaluation that his product can do better in the market and will provide profit in the future. “Channel communications are a two-way system, with information also flowing from the user all the way back to the manufacturer". (Russell W. Mccalley 1992)
2.Selling: Selling is the most important part of marketing channel. Firms are just producing the products in order to sell them and gain their profits. Selling the product is the basic motive of every producer. From the producer till the seller all are involve in this process.
3.Storing: the finished goods have to be transfer to the safe or public place from where wholesalers or distributors dispatch the product. The companies mostly hire warehouses or stores where they store the product through transportation or shipping. “Shipping and storing of products take place at every level of the channel, with the general exception of the user. In some specific situations, product handling, transporting, and storage may also
be performed by users of industrial products". (Russell W. Mccalley 1992)
4.Customer Services: from the last few years companies totally changes their hierarchy. The main top level of hierarchy consists of valued-customers. Mostly the companies’ first priority is to satisfy their customers at any level.
Marketing Channels Of Distribution
There are many different ways to market a product. In order to determine which one is best for your product, service, or event, it is important to have a good understanding of each channel?how it works, whom it reaches, and how cost effective it is. Keep in mind that marketing is a media that is rapidly changing. A medium that worked well several years ago may now be in decline, while a medium that did not exist several years ago may be on the rise. While all of these mediums will be addressed in greater depth later, some basic principles of each are below.
Television
Advertising on TV enables one to reach many niche markets through premium channels on satellite or cable. It also enables one to reach perhaps the largest slice of the public at one time?with primetime television shows such as American Idol reaching over 20 million viewers at a given time.
Radio
Radio advertising can be a very helpful way to reach a localized market at a cost-effective price. Specialized programming can also help to target niche audiences.
Print
Print advertising can take on many forms. It can include anything from ads in The New York Times to ads in Sports Illustrated to ads in the local newspaper. Cost depends on how large the ad is and how large the readership is. However, in certain industries, especially the health care industry, print is seen as a great way to communicate a lot of information to a carefully targeted viewer (since one can determine who is reading a magazine, and there are magazines on nearly any given topic).
Collateral
Collateral is the term used for all marketing materials that are printed/produced but do not fall in the other categories. Brochures are great examples of collateral. Postcards are another good example.
Outdoor
Outdoor advertisements refers to advertisements on billboards and other outdoor signage seen by a perspective buyer. While billboards are the most common form, a sign or window card might also serve the same purpose (though many would consider the window card to be collateral).
Internet
The Internet is the fastest growing area for advertising, providing many different opportunities and payment structures. It enables advertising on carefully targeted sites, search engines, and sites that reach a larger audience, such as cnn.com.
Promotional Items
Promotional items provide a more individualized approach to marketing a given product. Promotional items enable the individual to have something to take away with them that reminds them of a given product. If the promotional product is a product that they use in their everyday life, they may be reminded of the sponsor every time they look at it, such as hotel shampoo bottles. Other promotional products, such as t-shirts and pens, can have an exponential effect, by exposing those who see it to the product, event, or service as well.
Other opportunities
There are many other opportunities for marketing. Brand placement is becoming increasingly popular, as are advertisements in video games. New opportunities are emerging daily.
An important thing to consider when evaluating the different marketing opportunities available is the cost overhead for each. For example, it can be very expensive to produce a television ad?especially if there is a large star involved. Internet and print ads are generally easier and cheaper to make. However, in all cases, there are exceptions.
Both Robert Smith & Robert D. Thomson are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Robert Smith has sinced written about articles on various topics from Shopping, Careers and Job Hunting and Medicine. Robert Smith has spent more than 15 years working as a professor at New York University. He is fond of assisting students with writing essays and papers. Now he spends most of his time with his family and shares his Univesity experience in writing a. Robert Smith's top article generates over 49500 views. to your Favourites.
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