Question

many companies are using trchnology to cut out the middleman and sell more directly to the consumer think about musci video downloads, e books, software. how do you think technology will continue to revolutionuze the distributuin channel in the future? what other industrues might benefut from a more direct to consumer model using technology?

Answer 1

Technology has indeed resulted into making the distribution system and the allied channels much more efficient, updated, accurate and faster as well.

Resource monitoring and stock checking is much more simpler because of technolgy.

The ready to use software have contributed to the saving of time, user/ customer friendliness and has been providing customised offerings.

Technology usage is fructifying into elevation of the customer satisfaction levels.

Problems of unavailability of the products/ brands have been either minimised or almost nullified due to technologically assistsed distribution channels.

Numerous industries like FMCG (Fast Moving Consumer Goods), durables, service sector, and even the complicated service offerings like Insurance Policies are being distributed through specific mechanisms with the help of customised softwares.