intermediaries
(noun)
Organizations that act as a provider of a specific function or service for other organizations.
(noun)
Organizations or individuals that fulfill tasks on behalf of other organizations.
(noun)
A third-party that acts as a go-between in a given transaction
Examples of intermediaries in the following topics:
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The Cost of Intermediaries
- While organizations gain advantage by collaborating with intermediaries, there are costs involved to consider.
- Distribution of goods is often enabled through collaboration with partners and intermediaries.
- Shipping Intermediaries - Getting an item from the business to the user often requires shipping and warehousing.
- Marketing Intermediaries - Storefronts, be they online or physical locations, are convenient and comfortable contact points for products and consumers.
- Understand the various costs which accompany product distribution when working with intermediaries
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The Value of Intermediaries
- So you use a marketing intermediary, and work with companies that sell music equipment.
- The rest are value-adding intermediaries who limit your risk and allow you to focus on what you do best.
- Additionally, whomever the intermediary is shares this advantage.
- As a result, organizations with many intermediaries can benefit from the specializations of their partners.
- Outline the various benefits of utilizing intermediaries, and understand how to capture value from the process
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US commercial centers, trade intermediaries, and alliances
- Small manufacturers who are interested in building their foreign sales are turning to trade intermediaries to assist them in the sale and distribution of their products.
- These trade intermediaries account for about 10 per cent of all US exports.
- (Michael Selz, "More Small Firms Are Turning to Trade Intermediaries," The Wall Street Journal, February 2, 1995, p.
- B2. ) The trade intermediary provides a valuable service to small companies, which often do not have the resources or expertise to market their products overseas.
- The trade intermediaries have developed relationships with foreign countries; these relationships are time-consuming and expensive to develop.
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Marketing Intermediaries
- Instead, they outsource many of these aspects to intermediaries.
- Intermediaries are specialists for a specific function along the value chain.
- Some of the most common intermediaries are related to product distribution.
- Another popular intermediary is the ad agency.
- Understanding the value chain is central to the concept of intermediaries.
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Commercial Banks
- A commercial or business bank , is a type of financial institution and intermediary that lends money, accepts time deposits, and provides transactional, savings, and money market accounts.
- A commercial bank (or business bank) is a type of financial institution and intermediary.
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Exporting
- Indirect exporting also involves little risk, as international marketing intermediaries have knowledge of markets and will make fewer mistakes than sellers.
- Such semi-direct exporting can be handled in a variety of ways: (a) a combination export manager, a domestic agent intermediary that acts as an exporting department for several noncompeting firms; (b) the manufacturer's export agent (MEA) operates very much like a manufacturer's agent in domestic marketing settings; (c) a Webb-Pomerene Export Association may choose to limit cooperation to advertising, or it may handle the exporting of the products of the association's members and; (d) piggyback exporting, in which one manufacturer (carrier) that has export facilities and overseas channels of distribution handles the exporting of another firm (rider) noncompeting but complementary products.
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Selling to Businesses
- First is the reduction of search costs, as buyers need not go through multiple intermediaries to search for information about suppliers, products, and prices as in a traditional supply chain.
- Disintermediation: Through B2B e-markets, suppliers are able to interact and transact directly with buyers, thereby eliminating intermediaries and distributors.
- However, new forms of intermediaries are emerging.
- For instance, e-markets themselves can be considered intermediaries because they come between suppliers and customers in the supply chain.
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The people at the bottom of the pyramid
- Successful inclusive business strategies rely heavily on embedded processes that include working with and/or helping to create intermediary businesses that bring local and outside companies into close personal relationships with BoP communities.
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The Export-Import Bank of the United States
- The Ex-Im Bank provides two types of loans: direct loans to foreign buyers of American exports and intermediary loans to responsible parties, such as foreign government lending agencies that re-lend to foreign buyers of capital goods and related services (for example, a maintenance contract for a jet passenger plane).
- Two types of loans: direct loans to foreign buyers of American exports and intermediary loans to responsible parties, such as foreign government lending agencies that re-lend to foreign buyers of capital goods and related services (for example, a maintenance contract for a jet passenger plane).
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The Promotion Mix
- Examples of personal selling include: Sales presentations, sales meetings, sales training and incentive programs for intermediary salespeople, samples, and telemarketing.
- Examples: Sales presentations, sales meetings, sales training and incentive programs for intermediary salespeople, samples, and telemarketing.