4 ms·
Middlemen provide a service, adding value. That service is generally helping buyers connect with sellers. The internet has allowed a new generation of middleme
by kbutler 9y ago
Middlemen provide a service, adding value. That service is generally helping buyers connect with sellers.
The internet has allowed a new generation of middlemen to rise, providing the service at a lower cost.
eBay and Amazon are middlemen.
- hueving 9y agoUber is also a middleman.
- TeMPOraL 9y agoWhen they add value, they thrive. When they stop adding value, that's when they get into problems. Note that whether or not middlemen add value is not under their control. Local resellers add much less value than they used to now that global e-commerce works. Recording labels added value until the Internet came, and now they don't.