Criticism/reasons that may warrant the elimination of middlemen. - SS1 Commerce Past Questions and Answers - page 1
What is one reason that may warrant the elimination of middlemen?
Direct communication with consumers
Lower production costs
Access to specialized knowledge
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How can eliminating middlemen provide cost efficiency for producers?
By offering specialized knowledge
By reducing distribution costs
By increasing brand recognition
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What does eliminating middlemen allow producers to have greater control over?
Customer feedback
Pricing and branding
Brand recognition
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What can direct engagement with consumers enable producers to collect?
Data and analytics
Specialized knowledge
Distribution networks
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Which factor has contributed to the potential elimination of middlemen?
Technological advancements
Access to financial resources
Global market expansion
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State one benefit that eliminating middlemen can provide for producers.
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What advantage can direct communication with consumers offer to producers?
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