ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Merchants then choose the products they want to sell in their online stores and add them accordingly. Once a customer purchases a product from the online store the merchant is notified and an order is placed with the distributor who arranges for shipment from their facilities.

Detailed explanation-2: -A distribution channel refers to the flow of business that occurs between a manufacturer and a consumer. It is the path that a transaction follows. Distributors are the intermediaries that deliver and house products for producers to sell to retailers. These channels can be relatively simple or increasingly complex.

Detailed explanation-3: -The Sales Channels There are three basic ways to sell your product: Sell directly to customers via your website. Sell to retail stores, which then sell to customers. Sell to a distributor, which sells to retail stores that then sell to customers.

Detailed explanation-4: -Four types of distribution are direct selling, selling through intermediaries, dual distribution, and reverse distribution.