Cutting out the middleman Guide, Meaning , Facts, Information and Description
Cutting out the middleman is a business model that involves reducing costs by removing layers from a distribution network. Cutting out the middleman may become possible as a result of better technology or economies of scale. This is sometimes referred to as 'disintermediation'. It reduces transaction costs, processing time and brings the producer or manufacturer of the product / service that much 'closer' to the customer, arguably making them more responsive to the customers' needs both by delivering the products / services faster and more accurately to meet the customers' tastes and preferences.This is an Article on Cutting out the middleman. Page Contains Information, Facts Details or Explanation Guide About Cutting out the middleman