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    Distribution Channel in The NBFC Industry NBFC

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    devrajkinjal
    NBFCs use two main distribution channels: direct sales and sales through agents. With direct sales, NBFCs can contact customers directly through visits, mail, or online without intermediaries and have full control over pricing and marketing. This allows NBFCs to receive direct feedback from customers. Alternatively, NBFCs can use agents who act as individual contractors or work for an agency. Agents provide customers to the NBFC and receive a commission in return. Agents may offer services exclusively or represent multiple NBFCs to customers.

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    Distribution Channel in The NBFC Industry NBFC

    Uploaded by

    devrajkinjal
    307 views2 pages
    NBFCs use two main distribution channels: direct sales and sales through agents. With direct sales, NBFCs can contact customers directly through visits, mail, or online without intermediaries and have full control over pricing and marketing. This allows NBFCs to receive direct feedback from customers. Alternatively, NBFCs can use agents who act as individual contractors or work for an agency. Agents provide customers to the NBFC and receive a commission in return. Agents may offer services exclusively or represent multiple NBFCs to customers.

    Original Description:

    nbfc

    Original Title

    chap 7 NBFC [CP]

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    NBFCs use two main distribution channels: direct sales and sales through agents. With direct sales, NBFCs can contact customers directly through visits, mail, or online without intermediaries and have full control over pricing and marketing. This allows NBFCs to receive direct feedback from customers. Alternatively, NBFCs can use agents who act as individual contractors or work for an agency. Agents provide customers to the NBFC and receive a commission in return. Agents may offer services exclusively or represent multiple NBFCs to customers.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    307 views2 pages

    Distribution Channel in The NBFC Industry NBFC

    Uploaded by

    devrajkinjal
    NBFCs use two main distribution channels: direct sales and sales through agents. With direct sales, NBFCs can contact customers directly through visits, mail, or online without intermediaries and have full control over pricing and marketing. This allows NBFCs to receive direct feedback from customers. Alternatively, NBFCs can use agents who act as individual contractors or work for an agency. Agents provide customers to the NBFC and receive a commission in return. Agents may offer services exclusively or represent multiple NBFCs to customers.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    of 2

    7.

    Distribution channel in the NBFC Industry


    NBFC

    Services are intangible, there is no need to worry about storage, transportation, and the other
    functions of physical distribution. In most cases, the service travels directly from the
    producer to the customer. Some services, however, do need an intermediary, often called an
    agent, who helps the parties complete the transaction. Examples include insurance agents,
    stockbrokers, and travel agents.
    There are two types of distribution channel used by NBFC companies

    Direct Sales

    The direct sales channel allows company to contact customers without any intermediaries
    through visits, mail order or online and have complete control over presentation of
    company offers and pricing. As company interact with customers, Company receive
    direct feedback on what company are proposing and company can adjust company
    marketing accordingly.

    Consumer or
    Industrial
    Customer

    Service
    Provider

    By Agent

    If company doesnt want to worry about marketing services, company can use agents.
    These sales professionals either act as individual contractors or work for an agency. The
    agents provide customers to company for services and take a commission. Depending on
    agreement with the agents, they may offer services exclusively or have a number of
    service providers that they offer to customers.

    Service
    Provider

    Agent

    A Study on Non Banking Financial Companies in India

    Consumer or
    Industrial
    Customer

    A Study on Non Banking Financial Companies in India

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