which of the following gives suggestions for new product and also help to market new products?
Answers
The Distribution channels give suggestions for new product and als help to market new products.
The distribution channels are chosen for providing ideas for new products because they are more familiar and have more understanding on the market needs.
Distribution channels:
- This is an intermediary business chain that involves services until it reaches the end customers. While the 'supply chain' is an upstream focusing on the 'suppliers', the 'distribution channel' is a downstream focusing on the 'customers'.
- They are short and long depending on the number of distributeries in between the company and the end cutomers. They are also classified as direct (directly from the manufacturer) and indirect (through a retailer or wholesale).
- There are 3 main types of distribution channels; the first one involves the producer-retailer-wholesale-end customer. The second type is the producer-retailer-end customer. The third type is producer-customer.
The distribution channel is also called as the placement. It comes under the marketing sector of the company.
Hence it may also include price, production and promotion.
Complete question:
which of the following gives suggestions for new product and also help to market new products?
a) Existing products and services
b) Distribution channels
c) Federal government
d) Consumers
Answer:
The Distribution channels give suggestions for new product and als help to market new products. The distribution channels are chosen for providing ideas for new products because they are more familiar and have more understanding on the market needs.
Explanation:
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