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match each type of sales channel to its corresponding description. to answer, move each type from the list on the left to its

Question

Match each Type of Sales Channel to its corresponding description. To answer, move each type from the list on the left to its description on the right. Note: You will receive partial credit for each correct answer. Direct-to-Consumer & }(l) Selling products directly to end customers for a profit, either in-store, online, mail-order, or by phone. Retail & Selling products in bulk to various outlets or realers for onward sale. B2B & When a brand or manufacturer sells direct to consumers and the end users of their products, as opposed to selling to them solely through retalers. Wholesale & Businesses that sell to other businesses who are the intended end user of the product.

Answer

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Verificación de expertos
Bradford Veteran · Tutor for 12 years

Answer

1. Direct-to-Consumer: When a brand or manufacturer sells directly to consumers and the end users of their products, as opposed to selling to them solely through retailers.2. Retail: Selling products directly to end customers for a profit, either in-store, online, mail-order, or by phone.3. B2B: Businesses that sell to other businesses who are the intended end user of the product.4. Wholesale: Selling products in bulk to various outlets or retailers for onward sale.

Explanation

The question involves definitions of various types of sales channels in business which includes Direct-to-Consumer, Retail, B2B(Business-to-Business) and Wholesale. The objective is to match each sales channel to its corresponding description given:1. Direct-to-Consumer: This sales strategy involves selling products directly to end customers for profit. This selling process can take place in different avenues such as in-store sales, online sales, mail-order, or via phone.2. Retail: This is a sales channel where businesses sell to its end users. It involves the direct sale of goods and services directly to the customer.3. B2B: B2B stands for Business-to-Business. This sales channel includes all activities from products and services to businesses that eventually target the end-user.4. Wholesale: Wholesale involves the bulk selling of goods to different outlets or retailers, who would then sell to the end user.