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Which of the following intermediaries never actually owns the product?
Wholesalers do not take title to the goods. Wholesalers usually buy in large quantities. It enables them to control channel activities.
Which intermediary does not own the goods that they are selling and often earn by commission?
Agents. Agents, such as brokers or real estate agents, specialize in negotiations involved in transactions. They do not take ownership of what they are selling. Instead, they make money by charging a commission or a fee for facilitating a transaction.
What type of intermediary owns the product before it is sold?
Wholesalers buy a company's products in bulk and resell them. Unlike agents, wholesalers own the products they sell and make money by selling them to others.
Which of the following are intermediaries?
Four types of traditional intermediaries include agents and brokers, wholesalers, distributors and retailers.