Is business possible without middlemen?The manufactured or produced product goes to the market through many agencies like distributors, authorized agents, and retail sellers. In some cases, it may be possible to sell the product directly to the consumer. In general, there will be middlemen through which the product will be available to the consumer. The manufacturer at times may get direct orders and sell the product but such a possibility is not there for all types of products. The main job of the manufacturer is to gather men, machinery and the materials to produce a finished product. The selling of the product goes through middlemen. All these middlemen take a profit and the product cost for the consumer will be more than the manufactured cost. In these circumstances, is it possible to avoid middlemen completely? I personally feel middlemen are required for any business to flourish. The countries are also engaging the services of agencies to promote their country's interests in the international arena.
In my opinion, middlemen are essential for business house whether big or small to flourish. Members, what is your opinion on this?