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Marketing Agents - Coggle Diagram
Marketing Agents
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Distribution decisions
Commercial distribution can be defined as the marketing function or instrument that relates production to consumption and whose mission is to make the product available to the consumer in the quantity demanded, at the time he needs it and in the place where he wishes to acquire it.
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Marketing Agents
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Commercial channels.
Marketing channels are the ways in which products circulate from their origin, the manufacturer, to the final consumer. There are five main types of distribution channels, which are:
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Agro-food marketing
Supply, Demand, Price and Elasticities
Analysis of demand.
It is the process of understanding consumer demand for a product or service in a target market. Analysis techniques are used to successfully navigate a market and generate the expected results.
Both the elasticity of demand and the elasticity of supply can have these characteristics of being unitary, elastic, inelastic, perfectly elastic, or perfectly inelastic.
Knowing what to offer, to whom and at what price. Detecting what the product offer is in a given sector and what type of demand we are offering that product to, is essential to set its price, among other things.
Seasonality is an important concept for those looking to trade produce. The normal patterns of supply and demand that these markets exhibit at specific times of the year should be key considerations when making trading decisions.
Elasticity is a measure of the sensitivity of the quantity demanded of a good to a change in its price.
Elasticity seeks to measure the impact, or degree, of changes in demand or supply of products given various price changes.
Pricing Strategy
Pricing methodology
The most basic method for setting prices is to add a profit margin or premium to the total unit cost of the product:
Pricing is a strategic function of management, the difference between pricing and strategic setting is the same as between reacting to market conditions or acting actively against them.
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