This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category 'Necessary'. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category 'Functional'. The cookie is used to store the user consent for the cookies in the category 'Analytics'. These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Thus we say that middlemen today play a vital role in the transfer of goods from the producers to the consumers and moreover an important link between producers and ultimate consumers.

In this situation, it is not possible for producers to have direct contact with the consumers. With the rapid development in the field of business activities, the business of today is not confined to a village or a city or a state.

Some people say “Middlemen and Agents are nothing but social parasites and the sooner they are eliminated the better for the society.” In our own opinion to say like that is not just, because in the age of ‘division of labour’ and ‘specialisation’, the existence of middlemen is a must. Merchant does buying and reselling but agent may specialize in negotiations of either selling or buying transactions. If he does, then he is a merchant otherwise he is an agent. Hence the difference between the two lies in the ‘title of goods’ he handles.

Middleman business ideas