123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Marketing >> View Article

Where To Set Up Your Retail Business

Profile Picture
By Author: sheetal S
Total Articles: 7
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

eveloping a Distribution StrategyHome / Developing a Distribution Strategy
October 6, 2019dilipfulcrumPost navigation
How Do You Choose a Distribution Channel for Your Business or Product?
First of all, one size of distribution channel does not necessarily fit all of your products. You may have different approaches within your company. So, how do you know which distribution channel is the best for your product or service?

Look at the product itself.

Does it need to reach the customer quickly? Does it need to be bundled with other products in order to be useful or attractive? If you’re selling fresh vegetables from a small farm, your best distribution channel might be direct, selling at a local farmers’ market. If you’re selling a specific piece of computer hardware, you might be better off working with a VAR or major retailer of computer products that complement your product.

Consider your sales goals.

Are you trying to target a very specific, international population of enthusiasts, such as gamers? Then maybe a direct channel of distribution via the Internet geared towards ...
... connecting with influencers in the community focused on your type of video games may work better than using a wholesaler and their retail partners. But there might already be a retailer that has created a meaningful relationship with that community and has expertise in this area – in which case, an indirect distribution channel might be a better bet. Are you trying to achieve the widest possible audience for your product? Then, perhaps the bigger wholesalers and retailers are the perfect intermediaries within an indirect distribution channel.

Considerations When Developing a Distribution Strategy
Mastering distribution channels is about more than isolated choices – you need to develop a distribution strategy and monitor its effectiveness through analytics and KPIs (Key Performance Indicators) in order to make sound decisions.
Here are some tips for an effective distribution strategy:

Think about the needs of your customers. How do they access your products and services? Are there customers you’re not reaching that you might be able to reach through a different distribution channel? Imagine the process of finding and purchasing your product from their perspective. Base your decisions on sound data and CRM!
Beware of channel conflict if you choose to use multiple distribution channels for the same product. This occurs when your efforts, say, in direct selling via eCommerce, get in the way of the same customers purchasing your product or service through an intermediary like a retailer. Otherwise known as disintermediating, or kicking distribution partners out of the distribution channel, this can be avoided if you strategise about the customer groups you are likely to reach through different distribution channels, focusing on market segmentation.
Include your distribution channel partners in your company’s marketing strategy. Channel marketing is a strategy that directs marketing efforts not just to end consumers, but also to distribution partners. After all, intermediaries aren’t just a means to an end: they’re B2B customers! Just as with end users, marketing to B2B buyers is also increasingly a social, content-based game.

Total Views: 382Word Count: 492See All articles From Author

Add Comment

Marketing Articles

1. Why Online Reviews Have Become Essential For Business Growth
Author: DK

2. Digital Marketing Consultant: A Smart Partner For Business Growth
Author: ABHISHEK SINGH BARTWAL

3. Turning Summer Moments Into Brand Exposure: The Power Of Custom Sunglasses
Author: Amara Williams

4. Video Production Company In India | Corporate & Promotional Videos | Iqmedia
Author: IQ MEDIA

5. Best Startup Press Release Distribution Services Reviewed Today
Author: Press Release Power

6. How Brand Perception Research Drives Business Success
Author: hamna khan

7. How Affordable Seo Packages Uk Are Helping Small Businesses Compete Online
Author: Tony Andrews

8. Why Digital Marketing Is Essential For Business Growth In 2026
Author: WOWIT

9. Digital Marketing And Website Development Solutions For Business Growth
Author: Smartek Media Solutions

10. What Is Digital Marketing Course?
Author: Rohit Shyam

11. Why Every Growing Company Needs A Business Advisor?
Author: Barry Elvis

12. User Experience And Its Significance For Business Website
Author: Yelkotech

13. Why Ppc Advertising Provides Measurable Roi For Businesses
Author: Yelkotech

14. Why Social Media Marketing Helps In Improving Customer Engagement?
Author: Yelkotech

15. Top Benefits Of Seo Investment For Business Growth
Author: Yelkotech

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: