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Offering credit to buyers and providing refund services for products are both examples of Facilitating functions provided by channel intermediaries.
What are channel intermediaries?
The organizations and people who provide channels for consumers to obtain items are known as channel intermediates. Depending on the firm that owns the goods and the method of delivery chosen to reach clients, the distribution procedure for a given good can differ. Anyone interested in working in marketing or distribution will benefit from being aware of the parties involved in this process and how they distribute goods. In this piece, we define intermediary marketing channels and channel intermediaries, as well as their various forms.
They are the outside organizations, people, and companies who assist a firm in supplying its goods to clients. Between the maker of the original product and the customer who makes the most recent purchase, they serve as intermediaries. Channel intermediaries are a crucial component of the distribution process since businesses require them to deliver items to their customers.
To know more about channel intermediaries visit:- https://brainly.com/question/6988918
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