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Marketing - Place or Distribution Place, or distribution channel, is the method for making your product available to the consumer. Functions There are eight main functions for distribution channels: Information: gathering and distributing marketing research Promotion: developing and communicating offers Contact: communicating with prospective buyers Matching: fitting the offer to the buyer's needs Negotiation: reaching agreement on price and terms Physical distribution: transporting and storing the goods Financing: getting and using funds to cover the costs of channel work Risk taking: assuming the risks the channel work. Example - Selling a CD Place is simply where your fans buy your CD. You can also call it distribution. There are many ways to distribute your CD. Retail Probably the most difficult is retail (selling your CD in music stores). This is difficult for independent musicians or bands because you usually need to have a relationship with a distributor. Online Isn't the Web wonderful? You can easily and cheaply set up a web page with your information, sample audio files, show dates, and how to order your CD. In Person Whenever you perform, you should sell your CDs. You can mention that you are selling CDs and where to buy them while you are performing. It is easier if you have a friend to help you. This person can collect the money, hand out the CDs, etc. so you don't have to worry about it during a show. Meet Amarendra Bhushan, A leading Strategic Human Resource Consultent, MBA from American university of athens, greece, also editing The European journal of NRI finance magazine TRIBUNE). As one of the leading article writer, and corporate hotel professional. Advisor to various organizations and hotels. He is an elected member of south Indian hotel and restaurant federation. Now staying at city of Athens Greece. Amarendra bhushan Dhiraj
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