Types of intermediaries, Marketing Management

Assignment Help:

Types of intermediaries:

1. Sole selling agent\marketer: when a manufacture prefers to stay of the marketing and distribution task he appoints a suitable agency as his sole selling agent\marketer and entrusts the marketing job with him. A sole selling agent or a marketer is usually a large marketing intermediary with large resources and extensive territory of operation. He will be having is own network of distributors\stockists\wholesalers semi whole salers and retailers. He takes care of most of the marketing and distribution functions on behalf of the manufacture. Obviously a sole selling agent marketer will earn a large margin commission compared to other types of intermediaries.

2. c&f agents (cfas): in many cases manufactures employ carrying and forwarding agent often reffered to as c&f agents or cfas.the cfas can be described as special category whole sellers. They supply stocks on behalf of the manufacture to the whole sale sector or the retail sector. Their function is distribution. Their distinguishing characteristic is that they do not resell products but act as the agent representative of the manufacture. They act on behalf of the manufacture and as his extended arm. In essence they are manufactures branches.

3. Wholesaler\stockist\distributor: a wholesaler or stockist or distributor is also a large operator but not on a level comparable with a marketer or sole selling agentin size resources and terriotory of operation. The whole saler stockist distributor opeates under the marketer sole selling agent where such an arrangement is used by the manufacture.

4. Semi wholesalers: semi whole sellers are intermediaries who buy products either from producersor whole salers in bulk break the book or resell the goods mostly to retailersin assortments needed by them. Like the whole salers semi whole salers too perform the various whole selling functions that are part of the distribution process. In some cases they may also perform the retailing functions. Their strength is specialization by region. They assist the producer is reaching a large number of retailers efficiently.

5. Retailer or dealer: retailers sell to the house hold ultimate consumers. They are at the bottom of the distribution hierarchy working under whole saler or stockist or distributors or semi whole sellers as the case may be. In cases where the company operates a singlr tier distribution system, they operate directly under the company. The retailers are also sometimes referred to as dealer or authorized. They operate in a relatively smaller territory or at a specific location; they do not normally perform the stock - holding and sub -division functions. The stock that they keep is operational stocks necessary for the immediate at the retail outlet.

Value - added resellers (VARs): they are intermediaries assume ownership of the goods that they sell to customers or other intermediaries. Merchants usually taken physical possession of the goods that they sell.


Related Discussions:- Types of intermediaries

Product mix, What are the various strategies of product mix

What are the various strategies of product mix

Develop a quality management plan, XYZ Limited, finalist for the European Q...

XYZ Limited, finalist for the European Quality Award (EQA), has doubled its share of the quality carpet sector in recent years and now holds over 10 per cent of the world market fo

Consumer buying behaviour and industrial buying behaviour, Question 1: ...

Question 1: Discuss the differences and similarities between consumer buying behaviour and industrial buying behaviour. Question 2: For any organization of your choice,

Explain numbers of features in marketing offer customers, Explain about the...

Explain about the numbers of features in marketing offer more customers. While the number of features into a marketing offer is more the customer feels which the marketer has o

Product lifecycle, Product Lifecycle The key terms include: 1. P...

Product Lifecycle The key terms include: 1. Product Class.    At the most generic stage, this phrase refers to all products from all competing producers that serve the

Consumer buying behaviour, Consumer Buying Behaviour Markets (and thos...

Consumer Buying Behaviour Markets (and those which they serve) must be understood before marketing strategies may be developed. The consumer market purchase services and goods

Test marketing, Mm - wht is test mktg? Explain various approaches that are...

Mm - wht is test mktg? Explain various approaches that are followed by FMCG co. in test mktg

Test marketing & FMCG, explain the various approaches that are followed by ...

explain the various approaches that are followed by FMCG companies in test marketing.

Examine the umbrella and portfolio approaches to branding, Question 1: ...

Question 1: Critically examine the importance of product design, New Product Development (NPD) and explain the reasons for failures in NPD and how would you overcome them?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd