Types of Distribution Channels - 3 Main Types: Direct, Indirect and Hybrid Channels. Channels can be long or short, single or multiple (hybrid), and can achieve intensive, selective or exclusive distribution. The length of channel could have any number of inter­mediaries or be direct to customers. Type # 1. E(x) = 0*(1-p) + 1 * p = p The variance of the Bernoulli variable is given by p*(1-p)and is given as: Var(X) = p - p2 = p*(1-p) For Example Coins. The coin is the best way and easiest way to explain Bernoulli's distribution. Assume that the result of tails is a success and the result of heads is a failure. Example 1: Suppose a pair of fair dice are rolled. Let X be the random variable representing the sum of the dice. Construct a discrete probability distribution for the same. Solution: The sample space for rolling 2 dice is given as follows: Thus, the total number of outcomes is 36. Exclusive distribution is a marketing strategy that revolves between manufacturers and distributors. Unlike other distribution strategies, in this case, the distributors are provided exclusive rights to sell products within a particular geographical location as per company guidelines. At times, the company may also limit the number of products This is another way for a supplier to brand its product as exclusive. Businesses that carry luxury brands often utilize exclusive distribution as a method of enhancing their brand images. Other Selective distribution is a type of channel distribution where a company or a brand chooses a certain set of outlets through which they can further make their products available to the consumers. So as per our understanding of exclusive and intensive distribution, selective distributi One of the best examples, for exclusive distribution Netflix is another example of a digital distribution platform that charges a monthly fee for users to stream TV shows and movies. Note Digital distribution may also be referred to as content delivery, ESD (electronic software distribution), and online distribution. Examples of digital distribution platforms This is why it's no surprise that luxury goods manufacturers often opt for selective distribution. High-end companies that produce exceptional quality clothing and accessories are likely to use selective distribution. For example, you may find Dolce & Gabbana products in stores like Neiman Marcus but not at JC Penneys or Wal-Mart. For example, a pharmaceutical company is a distributor of products to pharmacies, while an e-commerce business, such as Amazon, is a distributor of goods to consumers. Effective distribution management reduces shipping costs and delivery times and increases customer satisfaction. Summary Let X denote a random variable for which E[(X - a)^2] exists. Give an example of a distribution of a discrete type such that this expectation is zero. Such a distribution is called a degenerate distri #1 - Sampling Distribution of Mean #2 - Sampling Distribution of Proportion #3 - T-Distribution Significance Examples Example #1 Example #2 Central Limit Theorem Frequently Asked Questions (FAQs) Recommended Articles You are free to use this image on your website, templates etc, Please provide us with an attribution link