Explain the factors determining choice of channels of distribution.
The factors determining the choice of channels of distribution are –
1) Product related
i) Unit
ii) Value
iii) Nature of product
iv) Size of product
v) Standardization
vi) Technical nature
vii) Product line and
viii) Age of Product
2) Market related
i) Type of market
ii) Buyers
iii) Order
iv) Buying habits
3) Company related
i) Market standing of the company
ii) Financial status of the company
iii) Management of company
iv) Volume of production
v) Desired control over distribution
vi) Services offered
4) Intermediary related
i) Availability of middlemen
ii) Attitude
iii) Services offered by middle men
iv) Sale potential
v) Cost
vi) Competition
vii) Legal constraint