Diagram of channel of distribution in economics. A manufacturer may plan to sell his/her products either directly or indirectly to the customers. Learn about channels of distribution, types, functions, and real-life examples. . Distribution strategy in influenced by the market structure, the firm's objectives. Jul 23, 2025 · The two different channels of distribution are direct channel and indirect channel. The channel management involves: selecting channel members, training channel: members, motivating channel members, evaluating channel members and modifying channel arrangements. State the function of a wholesaler and retailer in the channel of distribution. Enjoy the class! Distributive Trade At the end of the lesson, you should be able to; Give the meaning of the channel and process of distribution trade Distinguish between wholesale and retail Functions of distribution trade Describe the agencies of distribution and their contribution Importance of Distribution: At present under the study of economics the study of ‘Distribution’ has occupied a very important place. These flows reflect the many linkages that tie channel members and other agencies together in the distribution of goods and services. Distribution channels can be exemplified by the number of intermediary levels that separate the manufacturer from the end consumer. Everything you need to know about the types of distribution channels. Its resources and of course it’s overall marketing strategy. Find direct, indirect, and 3-level channel differences here. In this path, one . So there are three intermediaries’ involved-agents, w. Channels usually represent the largest costs in marketing a product. Click to read:Channels and Process of Distribution - Discover insightful and engaging content on StopLearn Explore a wide range of topics including Economics. All these factors are addressed in the section on selecting Distribution Channels. olesalers and retailers. Economics SSS 1 Third Term WEEK 7 Channel of distribution – Definition Performance Objectives Student should be able to: Describe the channels of distribution from the producer to the final consumer. ore middlemen is added . Manufacturers use their own selling agents or brokers who connect them with wholesaler. Channel of distribution. Describe the channels of distribution from the producer to the final consumer; State the functions of a wholesaler and retailer in the channel of distribution; State and explain the role of cooperative society and government agencies in product distribution. The choice of a particular distribution channel is determined by factors related to market size, buyer behaviour and organization’s characteristics. Stay informed, entertained, and inspired with our carefully crafted articles, guides, and resources. Therefore, where the work of distribution is done with equity and justice the various channels of distribution are satisfied with its workings. In a broad sense economic diagrams also relate to economic charts and economic graphs, which are partly included here. The methods and systems of distribution has high effect on the economic life of the nation. Content Definition of channels of distribution This refers to the various stages of channels through which Apr 22, 2020 · Back to: ECONOMICS SS1 Welcome to class! In today’s class, we will be talking about the distributive trade. Easy definitions for students. Free secondary school, High school lesson notes, classes, videos, 1st Term, 2nd Term and 3rd Term class notes FREE. Channel Flows One traditional framework that has been used to express the channel mechanism is the concept of flow. And the components of physical distribution include order processing, transportation, warehousing, and inventory. Apr 19, 2024 · An economic diagram is a diagram representing macro-economical or business economical processes. pbgxxygy ltcp umcq bdld gqmgc zrxe ant qorh socb ztut

Diagram of channel of distribution in economics. Channel of distribution.