Marketing Channel Strategy


Take-Aways   245 CHAPTER 8



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Marketing Channel Strategy An Omni-Channel Approach

Take-Aways
 
245
CHAPTER 8 
Franchising Structures and Strategies
 
249
Learning Objectives 249
Franchising Formats 251
Product and Trade Name Franchising 251
Business Format Franchising 252
The Franchising Arrangement 253
Benefits of Franchising 256
To Franchisees 256
Startup Package 257
Ongoing Benefits 258
Competitive Advantages of Franchising 259
To Franchisors 260
Financial and Managerial Capital for Growth 261
Harnessing the Entrepreneurial Spirit 262
Reasons Not to Franchise 266
Franchising Strategies 267
Franchise Contracting Strategies 267
Payment Systems 268
Leasing 270
Termination 271
Contract Consistency 272
Contract Enforcement 272


CONtENts
xvi
Self-Enforcing Agreements 274
Company Store Strategies 274
Market Differences 275
Temporary Franchises and Company Outlets 275
Plural Forms and Synergies 276
Exploiting Franchisees with Company Outlets 278
Adapting to Challenges in Franchising 280
Survival Trends 280
Maintaining a Cooperative Atmosphere 281
Managing Inherent Goal Conflict 282
Multi-Unit Franchising 283
Franchising and Omni-Channels 285
Take-Aways
 
288
CHAPTER 9 
Channels and International Markets
 
293
Learning Objectives 293
Introduction 293
Key Middlemen in International Markets 295
Export Management Companies 296
Export Trading Companies 296
Piggybacking 297
International Retailers 297
International Franchising 300
International Distribution Challenges 302
The Role of Wholesalers 302
Marketing to the Base of the Pyramid 305
Defining the Market 305
Ethical Considerations at the BOP 305
Distribution to the BOP 307
Omni-Channels and Global Marketing 312

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