BUISENESS MANAGEMENT
MARKETING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
More likely to negotiate on price
|
|
|
Has more frequent contact with the seller
|
|
|
Commonly buys in larger amounts
|
|
|
All of the above
|
Detailed explanation-1: -A distribution channel, in simple terms, is the flow that a good or service follows from production or manufacturing to the final consumer/buyer. Distribution channels vary but typically include a producer, a wholesaler, a retailer, and the end buyer/consumer.
Detailed explanation-2: -The business-to-business (B2B) market includes people who buy products to: Resell them, Use them in day-to-day operations, Make other products.
Detailed explanation-3: -What is the main reason why generic products can be sold at a reduced price? Less money is spent to promote them. What is the difference between a customer and a consumer? A customer buys products, while a consumer uses products.
Detailed explanation-4: -Identifying a target market allows marketers to focus on those most likely to purchase the product. Limiting the population funnels research and budgets to the customers with the highest profit potential.