Sunday, April 28, 2019
Business & Marketing Management Marketing Channel Essay
Business & Marketing Management Marketing line of products - Essay ExampleAt the same time customers and other stakeholders willing only have federal agency in a company with sound financial and credit management. (Louis, et al, 2006)Louis et al (2006), states that, a route segment will only be effective if customers locoweed easily obtain goods or service from him/her. Consequently, in front selecting a note portion I will have to ensure that the channel member can easily be accessed by the prospective customers. The level of distribution and coverage of the channel member will have to be considered to know how effective it is. I will have to note the intensity at which the Wal-mart products can reach its customers this is a very important aspect to ensure that gross revenue ar made. (Louis, et al, 2006)The flake of the product will definitely dictate the kind of channel member to recruit. As pertaining the channel member for Wal-Mart supermarket chain, the member will ha ve to be able to stock a handsome number of respective(a) products that the supermarket deals in. at the same time the channel member has to be able handle a large volume of products both perishable and durable.Like any other marketing decision, choosing a channel constituent require a lot of thoughts and vast research in order to determine who can train the distribute the companys products more effectively and efficiently in a way that it will meet the companys sales objectives and over all in all revenue collection. (Louis, et al, 2006) A company has to consider some major factors before choosing its channel agents which be financial stability, product line and sales strength among others. (Louis, et al, 2006)Question 1b discuss the pattern of leaders The concept of leadership and its relevance to prompt the channel members.IntroductionLeadership is all about motivating pile or a group towards achievement of the organizational goals. In this case, it is not just about moti vating employees in the organization, but is about motivating channel members. It involves mutual influence between the company and its channel members. Channel members can be influenced through incentives, teamwork, individual dynamics and discipline. The main reason is to channel all the channel members efforts towards the attainment of the organizations goals. Leadership behavior in an organization include directive, supportive, participate and achievement oriented. They ar concerned with people feelings and making things pleasant for the followers and defining tasks requirements and other aspects of the work agenda. Kotler (1991) observers that type of leadership adopted will highly influence the relationship between the leader and the followers who are channel members. (Kotler, 1991)In case of channel members leadership, every channel member is expected to have high dot of interdependence geared towards achievement of complexion of its business objective that it has set. Wal- Mart has stood apart from the channel member by virtue of its position held and helps channel members in clarification of issues, finding solutions, the company is clearly understands the issues and offers possible solutions. These are then formulated and address to relevant authorities for action to taken. This is characteristics of
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