Recent Changes in the Marketplace Affecting Distribution Channel Use
Overview
In the Module Two milestone, you selected a product and developed a persona that reflects your target market. Your work on this milestone must be based on the same product selection. Review the feedback from your instructor on your persona, and make any needed improvements before completing this assignment. Your work on this milestone must be based on that corrected persona.
In this milestone, you will consider how to make decisions about place, meaning the distribution channels to use for your chosen product. Specifically, you will consider trends in the marketplace that are affecting distribution channel use and which distribution channel may be appropriate for the target market (i.e., persona).
You will receive instructor feedback on this milestone, revise your work, and add it to your project submission.
Prompt
Complete the Module Five Milestone Worksheet in your Soomo webtext and submit it for instructor feedback. To navigate to the worksheet, click the Contents button on the upper right, then select the Milestone: Module Five Milestone tab from the Chapter Five drop-down menu.
Specifically, you must address the following rubric criteria:
Recent Change in the Marketplace: Describe how one recent change in the marketplace (purchasing habits or social, economic, and political events, for example) has affected distribution of products.
Distribution Channel: Recommend one potential distribution channel (direct-to-consumer, retail, wholesale, distributor, or agent/broker) for your chosen product, and explain why it is appropriate given your product and persona. (Use the persona you developed in the Module Two milestone with revisions based on instructor feedback.)
Place
Student’s Name
Institution
Course Number and Name
Instructor’s Name
Date
Place
Recent Changes in the Marketplace
In recent years, the shopping preferences of many consumers, including Amy, have shifted. As indicated in the persona description, Amy prefers online shopping, and Stylos et al. (2021) reveal that most Generation Z consumers’ purchase habits include online shopping and ordering. Many shoppers are now interested in the convenience of shopping online and having their products delivered to them. This recent change has affected the distribution of products in that many businesses now have to consider incorporating online distribution channels.
Distribution Channel
Chocolate Bliss can utilize online retail as its main distribution channel for its healthy carob bars. According to Pride and Ferrell (2022), online retail involves using the internet and digital platforms to make products available to consumers. It allows consumers to obtain products conveni...
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