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Distribution Strategy of 3M Company

Discuss Distribution Strategy of 3M Company within the Marketing Management ( RM , IM ) forums, part of the Resolve Your Query - Get Help and discuss Projects category; Distribution Strategy of 3M Company : 3M Company (NYSE: MMM), formerly known as the Minnesota Mining and Manufacturing Company, is ...

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Netra Shetty
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Distribution Strategy of 3M Company - March 17th, 2011

Distribution Strategy of 3M Company : 3M Company (NYSE: MMM), formerly known as the Minnesota Mining and Manufacturing Company, is an American multinational conglomerate corporation based in Maplewood, Minnesota, a suburb of St. Paul.

With over 79,000 employees, they produce over 55,000 products, including: adhesives, abrasives, laminates, passive fire protection, dental products, electronic materials, medical products, Car care products(like sun films, polish, wax, car shampoo,treatment for the exterior, interior and the under chassis rust protection)[2] electronic circuits and optical films.[3] 3M has operations in more than 60 countries – 29 international companies with manufacturing operations, and 35 with laboratories. 3M products are available for purchase through distributors and retailers in more than 200 countries, and many 3M products are available online directly from the company.
3M started out on the North Shore of Lake Superior in Illgen City before moving to Two Harbors, Minnesota in 1902. The company moved to Duluth, Minnesota, and then to Saint Paul, Minnesota, staying for 15 years before outgrowing the campus and moving to its current headquarters at 3M Centre in Maplewood. The new campus in Maplewood is 475 acres (1.92 km2) and has over 50 buildings, including an Innovation Center that displays products 3M has taken to market. The company began by mining stone from quarries for use in grinding wheels. Struggling with quality and marketing of its products, management supported its workers to innovate and develop new products which became its core business. Twelve years after being founded, 3M developed its first exclusive product: Three-M-ite cloth. Other innovations in this era included masking tape, waterproof sandpaper and Scotch brand tapes. By 1929 3M made its first moves toward international expansion by forming Durex to conduct business in Europe. The same year, the company’s stock was first traded over the counter and in 1946 listed on the New York Stock Exchange (NYSE). The company is currently a component of the Dow Jones Industrial Average and of the S&P 500.
3M products are sold through numerous distribution channels, including directly to users and through numerous wholesalers, retailers, jobbers, distributors and dealers in a wide variety of trades in many countries around the world. Management believes the confidence of wholesalers, retailers, jobbers, distributors and dealers in 3M and its products — a confidence developed through long association with skilled marketing and sales representatives — has contributed significantly to 3M’s position in the marketplace and to its growth.
3M products are sold
through numerous distribution channels, including directly to users and through
numerous wholesalers, retailers, jobbers, distributors and dealers in a wide
variety of trades in many countries around the world. Management believes the
confidence of wholesalers, retailers, jobbers, distributors and dealers in 3M
and its products — a confidence developed through long association with skilled
marketing and sales representatives — has contributed significantly to 3M’s
position in the marketplace and to its growth.
3M products are sold through numerous distribution channels, including directly to users and through numerous wholesalers, retailers, jobbers, distributors and dealers in a wide variety of trades in many countries around the world. Management believes the confidence of wholesalers, retailers, jobbers, distributors and dealers in 3M and its products — a confidence developed through long association with skilled marketing and sales representatives — has contributed significantly to 3M’s position in the marketplace and to its growth. 3M has 157 sales offices worldwide, with nine in the United States and 148 internationally.
3M products are sold through numerous distribution channels, including
directly to users and through numerous wholesalers, retailers, jobbers,
distributors and dealers in a wide variety of trades in many countries around
the world. Management believes the confidence of wholesalers, retailers,
jobbers, distributors and dealers in 3M and its products — a
confidence developed through long association with skilled marketing and sales
representatives — has contributed
significantly to 3M’s position in the marketplace and to its growth. 3M has 157
sales offices worldwide, with nine in the United States and 148
internationally.
3M products are sold through numerous distribution channels, including directly to users and through numerous wholesalers, retailers, jobbers, distributors and dealers in a wide variety of trades in many countries around the world. Management believes the confidence of wholesalers, retailers, jobbers, distributors and dealers in 3M and its products — a confidence developed through long association with skilled marketing and sales representatives — has contributed significantly to 3M’s position in the marketplace and to its growth. 3M has 169 sales offices worldwide, with 10 in the United States and 159 internationally.
3M products are sold through numerous distribution channels. Products are sold directly to users and through numerous wholesalers, retailers, jobbers, distributors and dealers in a wide variety of trades in many countries around the world. Management believes the confidence of wholesalers, retailers, jobbers, distributors and dealers in 3M and its products, developed through long association with skilled marketing and sales representatives, has contributed significantly to 3M’s position in the marketplace and to its growth. 3M has 188 sales offices worldwide, with 15 in the United States and 173 internationally.
3M products are sold through numerous distribution channels. Products are sold directly to users and through numerous wholesalers, retailers, jobbers, distributors and dealers in a wide variety of trades in many countries around the world. Management believes the confidence of wholesalers, retailers, jobbers, distributors and dealers in 3M and its products, developed through long association with skilled marketing and sales representatives, has contributed significantly to 3M’s position in the marketplace and to its growth. 3M has 189 sales offices worldwide, with 15 in the United States and 174 internationally.
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Last edited by bhautik.kawa; July 18th, 2016 at 04:59 PM..
   
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