BUSINESS ADMINISTRATION
RETAIL MARKETING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
A business structure of interdependent organizations that reach form the point of production to the consumers
|
|
|
People in charge of acilitating the sale of a product
|
|
|
Sold directly to consumers
|
|
|
Firms in the channel that sell directly to consumers as their primary functions
|
Detailed explanation-1: -Common direct-to-consumer channels include ecommerce websites, apps, and direct sales by phone. D2C channels often complement, rather than replace, traditional retail channels. For example, a confectioner might place their candy in gift shops, and also sell it directly to consumers online.
Detailed explanation-2: -Direct-to-consumer (DTC) is when a brand or manufacturer sells its own products to its end customers. The DTC retail model involves selling products without the help of third-party retailers or wholesalers.
Detailed explanation-3: -Direct-to-consumer (DTC) refers to the practice of selling products or services directly to consumers without the use of intermediaries, such as retailers or wholesalers. This method of selling allows companies to bypass traditional distribution channels and reach a larger audience.
Detailed explanation-4: -Direct selling In this type of marketing channel, consumers order products directly from the manufacturer. Direct selling is a personal approach to selling products, as the manufacturer delivers products to consumers without a third party working as a liaison between them.
Detailed explanation-5: -With the direct channel, the company sells directly to the customer. For example, a brewery that brews its own beer and sells it to customers at its own brick-and-mortar location employs a direct channel of distribution. The seller delivers the product or service directly to customers.