decisions made by intermediaries
TRANSCRIPT
What marketing decisions do these intermediaries make?
Presented by: Haneesh Vengala IIT MADRAS
Marketing decisions of retailers
• Target Markets
• Retailers must decide which channels to
employ to reach their customers.
• The retailer’s product assortment must match the target market’s shopping experiences in breadth and depth.
• After deciding on product-assortment strategy , the retailer must establish sources, policies and practices.
• Stores are using direct product profitability
to measure product’s handling costs
• Prices must be set in relationship to target market, product-and-service assortmet mix
Order Procesing
• Companies today should try to shorten
order-to-payment cycle
Warehousing
• Companies should locate the places to store their stock.• Companies might centralize its inventory
and use fast transportation to fill orders
Inventory
• Inventory cost increases at an accelerating rate as customer-service level approaches 100 percent.
. Company needs to balance order-processing and
inventory-carrying costs
. Transportation choices affect product pricing,on time
delivery and condition of goods which affects customer
satisfaction.
. Companies should consider Containerization.
The End
Credits: Google Images