Examlex
A demerit of using social networking sites like Facebook to promote a product is that accurate targeting and segmentation of interested customers is difficult to achieve.
Consumer Products
Goods produced for personal use by the general public.
Channel Functions
The roles and activities performed by intermediaries within a distribution channel, such as product information dissemination, negotiation, and order fulfillment.
Grading
The process of evaluating the quality or size of products like agricultural commodities, based on a set of standards.
Facilitating Function
Functions that ease the process of market transactions by dealing with logistic aspects like distribution and financing.
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