Factors affecting choice of channels

Answer 1

Several factors influence the choice of distribution channels, including the nature of the product, target market characteristics, and competitive landscape. The complexity and variability of the product often dictate whether direct or indirect channels are more suitable. Additionally, the preferences and behaviors of the target audience, as well as the costs and efficiency of various channels, play a crucial role in the decision-making process. Finally, market trends and technological advancements can also impact channel selection, prompting businesses to adapt their strategies accordingly.