This chapter discusses that at the heart of every business endeavor is an exchange between buyer and seller. How does this relate to TripAdvisor’s business?

Q: Give an example of Reseller?

A: An individual or a company that is involved in purchasing goods in order to resell them in the…

Q: Business product distributors are wholesalers that buy business products and resell them to business…

A: A supply chain denotes an arrangement of organizations, individuals, resources, activities, and…

Q: retail considered a service business

A: Retailers admit a framework to present them access to goods to sell to customers. Interactions ought…

Q: Explain what advantages you will have for your trading business once you have opted to purchase…

A: In the distributor, versus producer discussion,  the distributor will be the most handsome…

Q: What are the three levels of market coverage? What types of products are each used for?

A: A particular area where buyers and sellers come together to trade products and services is known as…

Q: Discuss the advantages and disadvantages of developing a long term sales plan, given the relative…

A: Advantages of developing a long term sales plan: Better Production Management: Working with your…

Q: Why it is important that a salesperson develop a good long-term relationship with its buyer rather…

A: A transactional orientation of marketing refers to a marketing approach in which the marketers are…

Q: Who are resellers?

A: An organization or an individual that is involved in purchasing the goods in order to resell them…

Q: Imagine that you suddenly would not be able to sell any product or service to your customer directly…

A: This hypothetical situation became true in 2019 because of Covid - 19 lockdowns. No business was…

Q: Faced with a selling situation, do you have a sales orientation or a customer orientation?

A: There are many approaches of selling but it need context to be known before utilising any approach

Q: Is Corning a producer, a consumer, or an intermediary? Explain.

A: Corning is both a producer and a consumer. They consume raw materials such as silicon and chemicals…

Q: What factors influence the choice of method for selling?

A: There are many organizations of the same products these days. Such organizations together make…

Q: You work as a sales representative in a company that manufactures surgical equipment. Before calling…

A: For an individual employed in sales, this is known that even for the most usual salesperson, it can…

Q: the pros and cons of selling each type of item. Between the perishable items or non-perishable items…

A: A retail plan of action follows a direct-to-buyer approach, likewise called B2C, where the…

Q: Enumerate and discuss the typical types of retail trade business.

A: Retail refers to a form of doing business in which the business owner undertakes the responsibility…

Q: What are three steps the owner-manager should follow when setting the stage for selling? Describe…

A: Selling is pursuing others to perform desired activity like purchasing something. Selling is the…

Q: Why can traditional commerce, rather than electronic commerce, be a better way to sell items that…

A: E-commerce is the process of exchanging products and ventures as advanced mode where the payment to…

Q: How can someone best target their distribution so sales will increase?

A: The company needs to put efficient efforts in order to increase the sales. Distribution channel and…

Q: at least 3 advantages and 3 disadvantages of sole trader

A: Business is an activity of making money by producing, promoting, and selling products. Business…

Q: What are the functions of selling?

A: Selling is one of the activities of marketing which has the objective of generating sales. It is the…

Q: How do wholesaling intermediaries help sellers lower costs?

A: Wholesale intermediaries are companies that sell products or services to retail intermediaries, who…

Q: What are the advantages and disadvantages of private warehousing?

A: Private warehousing is about having the firm’s own storing facilities and it is usually owned by the…

Q: How can company use packaging, labeling, warranties, and guarantees as marketing tools?

A: Packing goods is not just a way to prepare for transportation, shelving, and display. It's also a…

Q: Discuss the situations when personal selling in a company becomes more relevant.

A: Personal selling is a kind of selling in which the salesmen try to sell the company's product and…

Q: describe why responsinle sourcing is included in many orhanisationzal codes of conduct

A: An organizational code of conduct clarifies and highlights an organization's core values, mission,…

Q: What are the advantages and disadvantages of Internet Marketing or E-Commerce

A: Internet marketing is also known as online marketing which is a process of promoting a business or…

Q: What issues should manufacturers consider when choosing retail partners?

A: While choosing the retail partners, the manufacturers should be considered issues like basic channel…

Q: How does supply-chain management encourage cooperation between buyers and sellers?

A: Buyers are those who are willing and interested in buying the product that is supplied to them in…

Q: What types of retailers, if any, should we work with to sell our product?

A: Retailer is a person or a business who is a link between the manufacturer/ other intermediaries and…

Q: What is the difference between merchant wholesalers and agents?

A: Marketing - It is the process of business that involves activities of selling and promoting products…

Q: Describe it one of the most recent warehousing trends?

A: Warehouse management: It is receiving, arranging, managing and monitoring the activities of a…

Q: • Is commercial Registration necessary for a small business or online business? What are the pros…

A: Most businesses of any small size should be registered with at least one government organization.…

Q: Why owners of store brands can offer lower prices?

A: A private brand is a brand created for and sold under the name of a specific merchant, competing…

Q: To make themselves more marketable, many people obtain multiple credentials or specializations.…

A: Cross training can be defined as the program which is provided for the professional development. It…

Q: What is the importance of having unique selling proposition and competitive advantage

A: Every company will be acted by multiple forces in its environment. Competition is one of the most…

Q: What is the difference between unethical selling and illegal selling practices? Give one example of…

A: Selling is a process of persuading a person or an entity to buy something. It is a transaction where…

Q: What is Commercialization?

A: Commercialization is the process of bringing new products or services to market. A wide range of…

Distribution

Distribution is the process of making a product or service available to consumers. It is a component of the marketing mix which facilitates the movement of goods and services from the seller and buyer to the end consumer. This includes direct selling, where a company sells its products directly or by the means of intermediaries such as wholesalers, retailers, distributors, and other third parties to facilitate distribution.