To discuss: The meaning of marketing intermediary and their role.
The activity for communicating, creating, exchanging, and delivering the offerings that are beneficial to the company, customers, shareholders, and society is known as marketing.
Explanation of Solution
The meaning of marketing intermediary is as follows:
A maketing intermediary is also known as middleman, is an organization that operates between the customer and manufacture or users of business within the channel.
The roles of intermediaries is as follows:
The main role of intermediaries is to act as distributors, handlers, sellers of goods, and movers. Examples of intermediary’s are retailers and wholesalers.
Want to see more full solutions like this?
Chapter 14 Solutions
Bundle: Contemporary Marketing, Loose-Leaf Version, 17th + LMS Integrated MindTapV2.0 Contemporary Marketing, 1 term (6 months) Printed Access Card
- Give a definition of marketing and explain it elaborately.arrow_forwardWhat are the differences between inbound and outbound marketing? Which one is more important? How can companies use inbound and outbound marketing?arrow_forwardWhat functions does Marketing play with process of exchange of goods and services?arrow_forward
- Contemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage Learning