Sunday, December 6, 2015

Chapter14: Marketing Channels and Retailing



Chapter 14: Marketing Channels and Retailing
A channel refers to a way of making a product available to distribute to the end consumers. A marketing channel helps by getting the right products to the right consumer in time for purchase. This channel terminology falls under the P of physical distribution in the four Ps of the marketing mix.

Adidas is always looking for a new great way to get its product out to consumers. This time they incorporated a new digital experience in European stores. RFID or Radio Frequency Identification is the wireless use of electromagnetic fields to transfer data, for the purposes of automatically identifying and tracking tags attached to objects. The tags contain electronically stored information.

In the new Adidas store Customers that take product into the changing room are greeted with a mirrored display which provides more information about the products they have taken into the store as well as give the customers some ideas of outfits to combine. This is convenient for customers because they won’t have to leave the room to pick up another item and wait on line again to change a second time. Also it beats having to stand in long lines waiting behind someone with a large sum of items because with the RFID tag items get ringed up automatically.

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