Middlemen

Middlemen are individuals or businesses that act as intermediaries between producers and consumers. They facilitate the exchange of goods and services by connecting buyers and sellers. Examples include wholesalers, retailers, and brokers. Middlemen can add value by providing expertise, logistics, or by increasing market access, but they also introduce additional costs to the transaction. In various industries, the role of middlemen can evolve with technology, such as online marketplaces reducing the need for traditional intermediaries, directly linking producers to consumers. Their presence can influence prices and availability in the market.