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
How can eliminating middlemen provide cost efficiency for producers?
By offering specialized knowledge
By reducing distribution costs
By increasing brand recognition
What does eliminating middlemen allow producers to have greater control over?
Customer feedback
Pricing and branding
Brand recognition
What can direct engagement with consumers enable producers to collect?
Data and analytics
Specialized knowledge
Distribution networks
Which factor has contributed to the potential elimination of middlemen?
Technological advancements
Access to financial resources
Global market expansion
State one benefit that eliminating middlemen can provide for producers.
What advantage can direct communication with consumers offer to producers?