Business, 27.11.2019 06:31 chrisannedegraff

Achannel intermediary in the consumer market that represent sellers but does not actually take title to products is

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Answer from: canyonrico05

The correct answer is: agents and brokers.

Explanation:

A marketing channel can be defined as a set of interdependent organizations that facilitate the transfer of ownership from producer to consumer. There is a number of members involved that work for transfer of ownership, for instance, retailers, wholesalers, agents. These are called channel members.

Agents and brokers are the channel intermediaries that do not take title to products, or in other words, do not own the product or decide terms of sale. But they help in the transfer of products by representing those who own the product like retailers, wholesalers, manufacturers.

Answer from: fespinoza019

Who do A channel intermediary in the consumer market that represent sellers but does not actually take title to products is called agents

Further explanation

an agent is an institution that carries out trade through the supply of goods or services or special functions related to the sale or distribution of goods. However, they do not have the right to own the traded goods.

In general, agents act as intermediaries between consumers and the parent company. Whereas a distributor works on behalf of his own company where he has the right to purchase, store, sell and sell certain goods.

Agent Features

In general, the goods or services sold by an agent are the product of a single company and the price of the product sold by an agent is also determined by the manufacturer. Agents are often regarded as brokers or distributors, but actually the two are different.

1. The amount of goods sold by an agent is generally smaller than a distributor.

2. The agent's marketing area is not very broad.

3. Agents buy goods in large quantities to be resold to resellers.

4. The system of purchasing goods or services from distribution can be done by means of a break-up or commission system.

5. Usually agents do not serve direct purchases by consumers.

6. Agents can open opportunities to become resellers to other parties.

7. Agents only sell products from one producer, and may not sell products from competitors.

8. Being an agent does not have to be in the form of a business entity or a business entity permit.

Learn More :

Agent; ,

Details

Class: High School.

Subject: Business.

Keywords: Consumer, Business , Agent, Distributor

Answer from: Quest

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Answer from: Quest

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