Sunday, February 26, 2017

Short Essay: Dual-Channel Distribution Strategy

Short Essay: Dual-Channel Distribution Strategy
JIANG Chunyu  1155080917
Ø   What is “Dual-Channel Distribution Strategy”?
Dual distribution describes a wide variety of marketing arrangements by which the manufacturer or wholesalers uses more than one channel simultaneously to reach the end user. They may sell directly to the end users as well as sell to other companies for resale. It is now becoming very common for businesses to engage a dual distribution strategy.

Ø   Why is it important?
In today’s global economy, many products reach the maturity stage in their product lifecycle very quickly, which means that sales often reach the point at which growth stops and sales begin to decline. In response to this, many businesses begin to extend their product lifecycle, increase sales volume, and increase market share, simply by using a dual distribution strategy.
Ø   Potential Risks
There are risks associated with a dual channel distribution strategy. It can result in ill-feelings between channel members – usually at a vertical level. This is known as vertical channel conflict. Therefore, an analysis of risks versus benefits should be conducted. Besides, it is wise to consider the possibility that a dual distribution strategy sometimes reduces sales from one’s reseller channels. In other words, the company’s sales volume may not increase, although its effort and cost to achieve existing levels of sales volume may drastically spike.
Ø   Example: Apple.Inc
When Apple products are manufactured, they are sent off to wholesalers and, from there, to retailers for direct sale to customers. Apple products go to physical stores of certified retailers, online retailers, and to Apple’s own physical stores. The tech giant sells its extensive product range directly to ultimate consumers from its own retail stores and online store. In addition, it also supplies its products using an indirect distribution strategy. Using this channel, Apple sells its products to selected retailers, such as Telstra Shops, Optus, Myer, Officeworks and Harvey Norman. These retailers then on-sell their products to ultimate consumers.
 (Apple’s Distribution Structure)

(1) Apple’s B2C Channel
Apple Company offers two main channels for B2C selling.
The first is a psychical store / stand-alone store – a physical location for consumers to visit. Stand-alone or shopping malls, usually offers consumers the chance to touch, see or even try the products. The major disadvantages of the stand-alone or retail store is the cost of a rent, build, occupy and train the employees, and other liabilities related to that.
The other one is the Internet/online store. This channel rapidly increased Apple’s selling. Selling through the internet reduces costs of the company and increases the consumer’s access to information and allowing them to find the most competitive price for a product or service.
(2) Apple’s B2B Channel
A sales and distribution channel comes about when a company chooses to replace or supplement its direct sales force with indirect organizations. These organizations with whom Apple collaborates can be value-added resellers, distributors or partners, and together those companies with Apple Company “create a channel”.
Apple builds more and more different channels with businesses. Apple collaborates with small and medium enterprises because of added value reseller. Not to sell through direct sales forces due to small volume of sales. Another advantage of this alliance is a high level of service, and the important benefit for Apple is the channel with a high level of control from Apple. Enterprises and government build channel with Apple as well. Apple has special departments which are responsible for government and federal clients. Moreover, Apple offers special programs that provide solutions for employees of the U.S federal government as well as for a military personal and their families who want to purchase Apple products for personal use.

Distribution strategies are a major key to success, which are maximizing sales and profits. Apple is benefited from its dual-channel distribution strategy. It is utilizing from distribution strategies by using multiple channels, especially including direct or semi-direct sales and different distribution channels for different products. By pursuing this strategy, Apple increases its market coverage, lowers channel cost and provides more customized selling.

Reference
Using a dual distribution strategy to grow your business
How the Apple Sales to You: Taking a Look Inside Apple's Marketing Strategies
Apple’s Sales and channel strategy – key to its success


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