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Marketing 364 Channel Power – Ch. 8

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Presentation on theme: "Marketing 364 Channel Power – Ch. 8"— Presentation transcript:

1 Marketing 364 Channel Power – Ch. 8
with Duane Weaver

2 Outline Power Defined Power – good or bad? Power mirror of Dependence
Specifying Measuring Directly Measuring by Proxy Sources of Power Reward Coercive Expert Legitimate Referent Balance of Power Exercising Power (6 Influence Strategies)

3 Power Defined POWER is the ability of one channel member (A) to get another channel member (B) to do something it otherwise would not have done …power is a potential for influence. (Coughlan, Anderson, Stern, El-ansary, P. 200)

4 Power – good or bad? Negative connotations:
Abuse Oppression Exploitation Inequity Brutality A Tool - great benefits through judicious use of power! Like what??! HP assembly out

5 Power mirror of Dependence
Specifying – the utility provided multiplied by the scarcity of alternatives. Must both elements be there? Measuring Directly – add up benefits Measuring by Proxy – estimate % of sales or profits. How well you perform vs. competitors…other methods?

6 Sources of Power Reward - enticements Coercive - force
Expert - knowledge Legitimate – obligation or law Referent – public assocation with

7 Balance of Power Not always mutually exclusive…A&B may need each other (most often do) for different flows. .etc. Exploitation…is it inevitable? Countermeasures…ideas?

8 More subtle, increase satisfaction economically and interpersonally
Exercising Power 6 Influence Strategies (evaluating them) Promise - +ve or bribe? Threat – blatant pressure Legalistic – adversarial Request Information Exchange Recommendation BACKLASH As heavy handed, high pressure tactics WELCOME More subtle, increase satisfaction economically and interpersonally

9 THANK YOU!


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