Abstract
Industrial distribution is critical to many businesses because it is the way products are sold across national and international territories. Companies have to develop a number of routes to market, but for commodity-type products having a local presence is a prime factor in securing sales. These distribution outlets can be owned directly by the manufacturing company, or by a third party with expertise in selling a range of products into local markets. In some instances sales are obtained by waiting for customers to identify a supplier, making purchases similar to a local shop. However, for most industrial products, a more structured method for targeting potential customers has to developed if the business is to achieve its commercial goals.
Keywords
Market Segment Original Equipment Manufacturer Strategic Analysis Fluid Power Standard Industrial Classification CodePreview
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