The continued academic marketing debate in terms of value
channel implementation varies from the different orientation of the business.
But in a general manner the issue on channel capabilities and costs creates a
universal issue for almost all business organizations.
To understand the practical meaning of channel capabilities with respect to the value added, capabilities defines the power of the channel to add value to the commodity for profit purposes. On the contrary, acquiring the said value requires a reciprocal cost to avail the knowledge and technology applied to the commodity for added value.
For that reason marketers today play more on how to save cost in order to take the advantage. Indeed, value channels with high importance and incurring low cost is more preferable compared to other marketing channels that only incur cost and add less value to the product.
To understand the practical meaning of channel capabilities with respect to the value added, capabilities defines the power of the channel to add value to the commodity for profit purposes. On the contrary, acquiring the said value requires a reciprocal cost to avail the knowledge and technology applied to the commodity for added value.
For that reason marketers today play more on how to save cost in order to take the advantage. Indeed, value channels with high importance and incurring low cost is more preferable compared to other marketing channels that only incur cost and add less value to the product.
Likewise, marketing channel compatibility is also a vital
issue to consider knowing that the internal relationship between channels must synchronize
in order to acquire the most value out of the product. Relatively, selling price for the consumer
will result to a much affordable budget to the real consumer market.
In relation to the compatibility of channels
one important sub-concept that a marketer must consider is the business
marketing communications in the whole supply chain. Major decisions from the top management must
reflect to the whole stakeholders overall communication. In the fast moving business world of today,
multinational companies are relying more of their business communications
towards the fast communication accommodation of the internet.
Finally, the most important that a business organization
must consider is the frequent and real time performance monitoring and channel
evaluation. To attain a sound business
communication, real time business data feeds are more reliable compared to
other delayed business communication feeds. As such, channel conflict can be
avoided and a more channel power will emerge to add a distinct value to the
organization that most actual consumer are judging as to how your product are
accepted in the market.
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