importance of middlemen

The middleman also maintains price stability by keeping his overheads low. Maintaining price stability in the market is another function a middleman performs.

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Middlemen often take title to the goods they are selling thereby relieving the producer of the risk of holding onto goods.

. 7 Reasons Why the Middlemen Should Be Put At the Backdrop. This is because of the intra middlemen competition. Manufacturers of consumer goods and services do not often offer their products and services directly to consumers without the aid of intermediaries.

They have been part of the. Many a time the middleman absorbs an increase in the price of the products and continues to charge the same old price to the customer. As middlemen are in possession of the goods they can quickly and.

In todays business world agriculture to be specific we cannot rule out the importance of middlemen. IMPORTANCE OF MIDDLEMEN IN BUSINESS _____ The vast majority of commodities and services are dispersed via a network of distribution channels. The middleman in a laymans language simply means an intermediary between the producer farmer and the end-user or the consumer of the final products.

When we need something we purchase it from a retail seller who serves as the.

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