Bài giảng Marketing - Chapter 15: Managing marketing channels and supply chains

LEARNING OBJECTIVES (LO) AFTER READING CHAPTER 15, YOU SHOULD BE ABLE TO: Explain what is meant by a marketing channel of distribution and why intermediaries are needed. Distinguish among traditional marketing channels, electronic marketing channels, and different types of vertical marketing systems.

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McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.LO1Explain what is meant by a marketing channel of distribution and why intermediaries are needed.Distinguish among traditional marketing channels, electronic marketing channels, and different types of vertical marketing systems.LO2LEARNING OBJECTIVES (LO) AFTER READING CHAPTER 15, YOU SHOULD BE ABLE TO:LEARNING OBJECTIVES (LO) AFTER READING CHAPTER 15, YOU SHOULD BE ABLE TO:LO3Describe factors that marketing executives consider when selecting and managing a marketing channel.Explain what supply chain and logistics management are and how they relate to marketing strategy.LO4CALLAWAY GOLF: DESIGNING AND DELIVERING THE GOODS FOR GREAT GOLFFIGURE 15-1 The variety of terms used for marketing intermediaries that vary in specificity and use in consumer and business marketsNATURE AND IMPORTANCE OF MARKETING CHANNELS THE VALUE CREATED BY INTERMEDIARIESLO1Marketing ChannelFunctions Performed by IntermediariesTransactional FunctionLogistical FunctionFacilitating FunctionUtilities Received by ConsumersFIGURE 15-2 Marketing channel intermediaries perform three functions, each consisting of different activitiesCHANNEL STRUCTURE & ORGANIZATION MARKETING CHANNELS FOR CONSUMER PRODUCTS AND SERVICESLO2Direct ChannelIndirect ChannelRetailersWholesalersRetailersAgentsWholesalersRetailersFIGURE 15-3 Common marketing channels for consumer products and services by the kind and number of intermediariesCHANNEL STRUCTURE & ORGANIZATION MARKETING CHANNELS FOR BUSINESS PRODUCTS AND SERVICESLO2Direct ChannelIndirect ChannelIndustrial DistributorAgentsAgentsIndustrial DistributorsFIGURE 15-4 Common marketing channels for business products and services by the kind and number of intermediariesCHANNEL STRUCTURE & ORGANIZATION ELECTRONIC & DIRECT MARKETING CHANNELS; MULTICHANNEL MARKETINGLO2Electronic Marketing ChannelsDirect Marketing ChannelsMultichannel MarketingFIGURE 15-5 Consumer electronic marketing channels are similar to those for consumer products and servicesCHANNEL STRUCTURE & ORGANIZATION DUAL DISTRIBUTION & STRATEGIC CHANNEL ALLIANCESLO2Dual DistributionStrategic Channel AlliancesHoney Nut Cherrios AdMARKETING MATTERS Nestlé and General Mills— Cereal Partners WorldwideLO2FIGURE 15-6 Three types of vertical marketing systems: corporate, contractual (most popular), and administeredCHANNEL STRUCTURE & ORGANIZATION VERICAL MARKETING SYSTEMSLO2Vertical Marketing SystemsCorporate SystemsWholesaler-Sponsored Voluntary ChainsContractual SystemsRetailer-Sponsored CooperativesForward IntegrationBackward IntegrationCHANNEL STRUCTURE & ORGANIZATION VERICAL MARKETING SYSTEMSLO2Contractual SystemsFranchisingManufacturer-Sponsored Retail FranchisesManufacturer-Sponsored Wholesale FranchisesService-Sponsored Retail FranchisesService-Sponsored FranchisesAdministered SystemsCHANNEL CHOICE AND MANAGEMENT CHANNEL CHOICE CONSIDERATIONSLO3Target Market Coverage (Density)Intensive DistributionExclusive DistributionSelective DistributionGucciCHANNEL CHOICE AND MANAGEMENT CHANNEL CHOICE CONSIDERATIONSLO3InformationConvenienceVarietyPre- or Post-Sale ServiceBuyer RequirementsProfitabilityJiffy Lube and Petco What buyer requirements have been satisfied?LO3GOING ONLINE Visit an Apple Store to See What All the Excitement is AboutLO3USING MARKETING DASHBOARDS Channel Sales and Profit at Charlesburg FurnitureLO3CHANNEL CHOICE AND MANAGEMENT CHANNEL RELATIONSHIPSLO3Sources of Channel ConflictVertical ConflictDisintermediationHorizontal ConflictCHANNEL CHOICE AND MANAGEMENT CHANNEL RELATIONSHIPSLO3Channel InfluenceEconomicExpertiseIdentificationLegitimate RightChannel CaptainCHANNEL CHOICE AND MANAGEMENT CHANNEL RELATIONSHIPSLO4Legal ConsiderationsDual DistributionVertical IntegrationExclusive DealingTying ArrangementsRefusal to DealResale RestrictionsFull-Line ForcingFIGURE 15-7 The Clayton Act and Sherman Act place legal restrictions on specific marketing channel strategies and practicesLOGISTICS & SUPPLY CHAIN MANAGEMENT KEY CONCEPTSLO4LogisticsLogistics ManagementCustomer RequirementsCustomer Service Supply ChainSupply Chain ManagementCost-Effective FlowThe Automotive Supply ChainFIGURE 15-8 Relating logistics management and supply chain management to supplier networks and marketing channelsFIGURE 15-9 The automotive supply chain includes thousands of firms that provide the 5,000 or so parts in a typical carAligning a Supply Chain with Marketing StrategyUnderstand the CustomerUnderstand the Supply ChainHarmonize the Supply Chain with the Marketing StrategyLOGISTICS & SUPPLY CHAIN MANAGEMENT SUPPLY CHAIN MGMT & MKT STRATEGYLO4MARKETING MATTERS IBM’s Integrated Supply Chain— Delivering a Total Solution for Its CustomersLO4LOGISTICS & SUPPLY CHAIN MANAGEMENT SUPPLY CHAIN MGMT & MKT STRATEGYLO4Dell: A Responsive Supply ChainWal-Mart: An Efficient Supply ChainCross-dockingTWO CONCEPTS OF LOGISTICS MANAGEMENT IN A SUPPLY CHAINLO4Total Logistics Cost ConceptCustomer Service ConceptFIGURE 15-10 Supply chain managers balance five total logistics cost factors against four customer service factorsTWO CONCEPTS OF LOGISTICS MANAGEMENT IN A SUPPLY CHAINLO4TimeLead TimeOrder Cycle TimeReplenishment TimeQuick ResponseEfficient Consumer ResponseTWO CONCEPTS OF LOGISTICS MANAGEMENT IN A SUPPLY CHAINLO4DependabilityCommunicationConvenienceVendor-Managed Inventory (VMI)CLOSING THE LOOP: REVERSE LOGISTICSLO4Reverse LogisticsUPS VideoMAKING RESPONSIBLE DECISIONS Reverse Logistics and Green Marketing Go Together at Hewlett-Packard: Recycling e-WasteLO4AMAZON: DELIVERING THE GOODSMILLIONS OF TIMES A DAYVIDEO CASE 15VIDEO CASE 15AMAZON1. How do Amazon.com’s logistics and supply chain management activities help the company create value for its customers?VIDEO CASE 15AMAZON2. What systems did Amazon develop to improve the flow of products from suppliers to Amazon distribution centers? What systems improved the flow of orders from the distribution centers to customers? VIDEO CASE 15AMAZON3. Why will logistics and supply chain management play an important role in the future success of Amazon.com?Marketing ChannelA marketing channel consists of Individuals and firms involved in the process of making a product or service available for use or consumption by consumers or industrial users.Multichannel MarketingMultichannel marketing involves the blending of different communication and delivery channels that are mutually reinforcing in attracting, retaining, and building relationships with consumers who shop and buy in traditional intermediaries and online.Dual DistributionDual distribution involves an arrangement whereby a firm reaches different buyers by employing two or more different types of channels for the same basic product.Vertical Marketing SystemsVertical marketing systems are professionally managed and centrally coordinated marketing channels designed to achieve channel economies and maximum marketing impact.Intensive DistributionIntensive distribution is a level of distribution density whereby a firm tries to place its products and services in as many outlets as possible.Exclusive DistributionExclusive distribution is a level of distribution density whereby only one retailer in a specific geographical area carries the firm’s products.Selective DistributionSelective distribution is a level of distribution density whereby a firm selects a few retailers in a specific geographical area to carry its products.Channel ConflictChannel conflict arises when one channel member believes another channel member is engaged in behavior that prevents it from achieving its goals.DisintermediationDisintermediation involves channel conflict that arises when a channel member bypasses another member and sells or buys products direct.LogisticsLogistics consists of those activities that focus on getting the right amount of the right products to the right place at the right time at the lowest possible cost.Supply ChainA supply chain consists of a sequence of firms that perform activities required to create and deliver a product or service to ultimate consumers or industrial users.Total Logistics CostTotal logistics cost consists of the expenses associated with transportation, materials handling and warehousing, inventory, stockouts (being out of inventory), order processing, and return goods handling.Customer ServiceCustomer service is the ability of logistics management to satisfy users in terms of time, dependability, communication, and convenience.Vendor-Managed Inventory (VMI)Vendor-managed inventory (VMI) is an inventory-management system whereby the supplier determines the product amount and assortment a customer (such as a retailer) needs and automatically delivers the appropriate items.Reverse LogisticsReverse logistics is a process of reclaiming recyclable and reusable materials, returns, and reworks from the point of consumption or use for repair, remanufacturing, redistribution, or disposal.