Channels and Intermediaries
Distribution of products takes place by means of channels. Channels are sets of interdependent organisations (called intermediaries) involved in making the product available for consumption. Merchants are intermediaries that buy and resell products. Agents and brokers are intermediaries that act on behalf of the producer but do not take title to the products.
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Famous quotes containing the words channels and and/or channels:
“Not too many years ago, a child’s experience was limited by how far he or she could ride a bicycle or by the physical boundaries that parents set. Today ... the real boundaries of a child’s life are set more by the number of available cable channels and videotapes, by the simulated reality of videogames, by the number of megabytes of memory in the home computer. Now kids can go anywhere, as long as they stay inside the electronic bubble.”
—Richard Louv (20th century)
“As every pool reflects the image of the sun, so every thought and thing restores us an image and creature of the supreme Good. The universe is perforated by a million channels for his activity. All things mount and mount.”
—Ralph Waldo Emerson (1803–1882)