Intro to Busniness

Retailer- A middleman that buys from producers or other middleman and sells to consumers 

Wholesaler- A middleman that sells products to other firms

Intensive Distribution- the use of all available outlets for a product

Selective Distribution- the use of only a portion of the available outlets for product in each geographic area 

Exclusive Distribution- the use of only a singe retail outlet for a product in a large geographic area

long-tern partnership among channel members working together to create a distribution system that reduces inefficiencies costs.

A centrally managed distribution channel resulting from vertical channel integration

The combining of two or more stages of a distribution channel under a single firm's management

Agent represent and Broker specializes

a retail store that employs 25 or more persons and sells at least furnishers, appliances and etc,  each in different part of the store

A self-service general-merchandise outlet that sells products at lower-than-usual prices

• A small food store that sells a limited variety of products but remains open well beyond normal business
• -ex 7 eleven

SuperMarket- a large self-service store that sells primarily food and household products

SuperStore- a large retail store that carries not only food and nonfood products plus  additional product lines

Direct- telephone, internet, and non personal media

Catalog-provide catalog

The use of machines to dispense products

All the activities concerned with the efficient movement of products from the producer to the ultimate user

The process of managing inventories in such a way as to minimize inventory costs, including both holding costs and potential stockout costs

a firm that offers transportation services