ENTREPRENEURSHIP

Detailed explanation-1: -Distribution channels include wholesalers, retailers, distributors, and the Internet. In a direct distribution channel, the manufacturer sells directly to the consumer. Indirect channels involve multiple intermediaries before the product ends up in the hands of the consumer.

Detailed explanation-2: -There are four types of distribution channels that exist: direct selling, selling through intermediaries, dual distribution, and reverse logistics channels. Each of these channels consist of institutions whose goal is to manage the transaction and physical exchange of products.

Detailed explanation-3: -Place marketing examples of distribution channels include retailers, wholesalers, distributors, and online platforms. Broadly, these examples are categorized into two main types; direct sales and intermediaries.

Detailed explanation-4: -Develop the Product. Developing your product idea is the first step in creating something worth selling. Test the Market. Find Buyers. Choose Distribution Methods. Write a Marketing Plan.