Types of wholesalers according to the ownership of the products tradedWe are used to wholesalers who also own the products they sell, but not all wholesalers are like this. Wholesalers who do not own the products they sell are known as intermediary agents. The function of these wholesalers is to facilitate contact between buyer and seller, for which they receive a commission depending on the volume of the sale. As they do not own the products being traded, they avoid the risks and management of inventories. There are 3 types of intermediary agents:

Commission agents: their work usually focuses on closing sales, for which they have a certain freedom of negotiation. They are occasional intermediaries and can dispose of the products they sell.Brokers: brokers are experts in a given market and are occasional intermediaries.Commercial representatives: although they do not have ownership of the products they sell, they may occasionally dispose of them. They act and negotiate on behalf of the supplier or manufacturer, especially in buying and selling operations.On the other hand, there are the wholesalers who own the products that they will then sell to retailers.

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