Marketing Channel and Channel Members of Hewlett-Packard
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Added on 2023/04/22
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The paper discusses the marketing channel and channel members of the Consumer marketing channel in the context of Hewlett-Packard. It elaborates the role of each of the channel members of Hewlett-Packard.
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MARKETING & MANAGEMENT1 Table of Contents Introduction................................................................................................................................2 Consumer Marketing Channel...............................................................................................2 Role of all the members of the marketing channel................................................................2 Conclusion..................................................................................................................................4 References..................................................................................................................................5
MARKETING & MANAGEMENT2 Introduction The intent of this paper is to discuss the marketing channel and also the channel members of the Consumer marketing channel in the context of Hewlett-Packard. In addition, the paper is elaborating the role of the each of the channel member of Hewlett-Packard. Consumer Marketing Channel A marketing channel is consists of the activities, organizations, and people that are important for transferring the ownership of the good from the manufacturer to the end consumer(Kotler&Keller,2016).Hewlett-Packardisthemultinationalcompanyof information technology with headquarter in California. The company operates in business across the world by offering its information technology services. In order to maintain the supply of the products and meet the demand of the customers across the world, the company is able to maintain a strong consumer marketing channel through which the product is transferred from the manufacturing unit to the end user. The consumer marketing channel of the company is comprised of four key members that are Manufacturer, Wholesaler, Retailer, and End-user i.e. Customer. Role of all the members of the marketing channel Manufacturer– Manufacturing is the procedure of the production of the products through labor or machines that is after completion, sold to the end user. The manufacturing unit of Hewlett-Packard in the United States is in California, which is also the head office of the company. The role of Hewlett-Packard is not just to manufacture the stock of laptops and different hardware and software services, but it is also accountable for recognizing the potential patrons through networking with the help of different conferences and business
MARKETING & MANAGEMENT3 associations, taking follow up of the leads, evaluating the internet databases and consulting business directories (Zhang, 2010). Wholesaler- Westham Trade Co Ltd. is the company that is involved in the distribution of diversified products in the market. It is known in the industry for distributing printers, tablets, workstations, IT management software, PCs, network products, and desktops (Bloomberg, 2019). Westham Trade Co Ltd. is one of the key wholesalers of Hewlett- Packard, who is responsible for the save delivery of products to the retailers. The major role of Westham Trade Co Ltd for HP is to promote the service and products in its local area as well as taking the change of product sales. A wholesaler is also assigned with a sales target and after achieving these targets they revenue benefits and rewards from the main company. Besides this, another role of the wholesaler of HP is to manage the inventory at all-time such that the particular area does not fall short. Retailer– Best Buy is one of the online as well as offline electronics retailers with head office in Minnesota. Best Buy is involved in the retailing of the HP products in the market at different locations including Mexico, Canada, United States, etc. (Best Buy, 2019). Best Buy offers a number of products and is in direct interaction with the huge base of the customers, which gives it a chance to encourage the development and manufacturing of more sustainable products. Through its interaction with the customers, it performs the major role for the company that is to influence the customers to purchase a particular product by highlighting the benefits and features of the products. Customer– The major target customer of Hewlett-Packard across the world is small & medium business, private organizations, government institutions, and the general public. The major role of the Hewlett-Packard customers is to provide true feedback regarding the products of the company they have used or are using, in order to support the company in
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MARKETING & MANAGEMENT4 making updates into the systems. Another role performed by the customer is to be as an initiator to use the products of the company such that the company can try to meet their needs. Conclusion From the above analysis, it could be concluded that all four members of the marketing channel perform a major role in the development and growth of Hewlett-Packard across the world.
MARKETING & MANAGEMENT5 References Best Buy. (2019).HP Instant Ink. Retrieved fromhttps://www.bestbuy.com/site/hp/hp- instant-ink/pcmcat1474927211435.c?id=pcmcat1474927211435 Bloomberg.(2019).WesthamTradeCoLtd.Retrievedfrom https://www.bloomberg.com/profiles/companies/0146594D:US-westham-trade-co-ltd Kotler, P., & Keller, K.L. (2016). A Framework for Marketing Management6thed. UK: Pearson. Zhang, H. (2010). Research Hewlett Packard through its Value Chain.International Journal of Business and Management, 5(8), 179-190.