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Disintermediation

Index Disintermediation

Disintermediation is the removal of intermediaries in economics from a supply chain, or cutting out the middlemen in connection with a transaction or a series of transactions. [1]

47 relations: Amazon (company), Bank, Big-box store, Bricks and clicks, Broker, Buyer, Dell, Disintermediation, Distribution (marketing), Distributor, Dot-com bubble, E-commerce, EBay, Economics, Federal Deposit Insurance Corporation, Flat-fee MLS, Freight transport, Germany, Hedge fund, Insurance, Interest rate, Intermediary, Intermediation, Internet, Inventory, Japan, Just-in-time manufacturing, Laiki agora, Law of agency, Manufacturing, Mutual fund, North America, Outlet store, Price, Profit margin, Quid pro quo, Retail, Safeway Inc., Savings account, Security (finance), Social peer-to-peer processes, Stock, Supermarket, Supply chain, Transparency (market), Walmart, Wholesaling.

Amazon (company)

Amazon.com, Inc., doing business as Amazon, is an American electronic commerce and cloud computing company based in Seattle, Washington that was founded by Jeff Bezos on July 5, 1994.

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Bank

A bank is a financial institution that accepts deposits from the public and creates credit.

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Big-box store

A big-box store (also supercenter, superstore, or megastore) is a physically large retail establishment, usually part of a chain of stores.

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Bricks and clicks

Bricks and clicks (aka clicks and bricks; click and mortar; bricks, clicks and flips; Womble Store Method (WSM); or WAMBAM ('Web Application Meets Bricks and Mortar') is a jargon term for a business model by which a company integrates both offline (''bricks'') and online (''clicks'') presences, sometimes with the third extra flips (physical catalogs). Additionally, many will also offer telephone ordering and mobile phone apps, or at least provide telephone sales support. The advent of mobile web has made businesses operating bricks and clicks businesses especially popular, because it means customers can do tasks like shopping when they have spare time and do not have to be at a computer. Many of these users prefer to use mobile shopping sites. A popular example of the bricks and clicks model is when a chain of stores allows the customer to order products either online or physically in one of their stores, also allowing them to either pick-up their order directly at a local branch of the store or get it delivered to their home. There are many alternative combinations of this model. The success of the model in many sectors has lessened the credibility of some analysts who argued that the Internet would render traditional retailers obsolete through disintermediation.

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Broker

A broker is an individual person who arranges transactions between a buyer and a seller for a commission when the deal is executed.

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Buyer

A buyer is any person who contracts to acquire an asset in return for some form of consideration.

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Dell

Dell (stylized as DELL) is an American multinational computer technology company based in Round Rock, Texas, United States, that develops, sells, repairs, and supports computers and related products and services.

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Disintermediation

Disintermediation is the removal of intermediaries in economics from a supply chain, or cutting out the middlemen in connection with a transaction or a series of transactions.

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Distribution (marketing)

Distribution (or place) is one of the four elements of the marketing mix.

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Distributor

A distributor is an enclosed rotating shaft used in spark-ignition internal combustion engines that have mechanically-timed ignition.

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Dot-com bubble

The dot-com bubble (also known as the dot-com boom, the dot-com crash, the Y2K crash, the Y2K bubble, the tech bubble, the Internet bubble, the dot-com collapse, and the information technology bubble) was a historic economic bubble and period of excessive speculation that occurred roughly from 1997 to 2001, a period of extreme growth in the usage and adaptation of the Internet.

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E-commerce

E-commerce is the activity of buying or selling of products on online services or over the Internet.

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EBay

eBay Inc. is a multinational e-commerce corporation based in San Jose, California that facilitates consumer-to-consumer and business-to-consumer sales through its website.

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Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services.

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Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation providing deposit insurance to depositors in U.S. commercial banks and savings institutions.

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Flat-fee MLS

Flat-fee MLS refers to the practice in the real estate industry of a seller entering into an "à la carte service agreement" with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction.

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Freight transport

Freight transport is the physical process of transporting commodities and merchandise goods and cargo.

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Germany

Germany (Deutschland), officially the Federal Republic of Germany (Bundesrepublik Deutschland), is a sovereign state in central-western Europe.

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Hedge fund

A hedge fund is an investment fund that pools capital from accredited individuals or institutional investors and invests in a variety of assets, often with complex portfolio-construction and risk-management techniques.

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Insurance

Insurance is a means of protection from financial loss.

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Interest rate

An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed (called the principal sum).

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Intermediary

An intermediary (or go-between) is a third party that offers intermediation services between two parties.

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Intermediation

Intermediation involves the "matching" of lenders with savings to borrowers who need money by an agent or third party, such as a bank.

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Internet

The Internet is the global system of interconnected computer networks that use the Internet protocol suite (TCP/IP) to link devices worldwide.

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Inventory

Inventory (American English) or stock (British English) is the goods and materials that a business holds for the ultimate goal of resale (or repair).

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Japan

Japan (日本; Nippon or Nihon; formally 日本国 or Nihon-koku, lit. "State of Japan") is a sovereign island country in East Asia.

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Just-in-time manufacturing

Just-in-time (JIT) manufacturing, also known as just-in-time production or the Toyota Production System (TPS), is a methodology aimed primarily at reducing flow times within production system as well as response times from suppliers and to customers.

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Laiki agora

Laiki agora (λαϊκή αγορά, Greek for people's market), also common in the plural Laikes agores (λαϊκές αγορές, people's markets), are street markets that operate all over Greece, selling foodstuffs and gardening or household equipment, as well as children toys and various "do it yourself" tools.

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Law of agency

The law of agency is an area of commercial law dealing with a set of contractual, quasi-contractual and non-contractual fiduciary relationships that involve a person, called the agent, that is authorized to act on behalf of another (called the principal) to create legal relations with a third party.

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Manufacturing

Manufacturing is the production of merchandise for use or sale using labour and machines, tools, chemical and biological processing, or formulation.

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Mutual fund

A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.

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North America

North America is a continent entirely within the Northern Hemisphere and almost all within the Western Hemisphere; it is also considered by some to be a northern subcontinent of the Americas.

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Outlet store

An outlet store, factory outlet or factory shop is a brick and mortar or online store in which manufacturers sell their stock directly to the public, cutting out the middle-men.

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Price

In ordinary usage, a price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services.

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Profit margin

Profit margin, net margin, net profit margin or net profit ratio is a measure of profitability.

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Quid pro quo

Quid pro quo ("something for something" in Latin) is a phrase used in English to mean an exchange of goods or services, in which one transfer is contingent upon the other; "a favour for a favour".

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Retail

Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit.

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Safeway Inc.

Safeway, Inc., is an American supermarket chain founded in 1915.

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Savings account

A savings account is a deposit account held at a retail bank that pays interest but cannot be used directly as money in the narrow sense of a medium of exchange (for example, by writing a cheque).

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Security (finance)

A security is a tradable financial asset.

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Social peer-to-peer processes

Social peer-to-peer processes are interactions with a peer-to-peer dynamic.

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Stock

The stock (also capital stock) of a corporation is constituted of the equity stock of its owners.

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Supermarket

A supermarket is a self-service shop offering a wide variety of food and household products, organized into aisles.

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Supply chain

A supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

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Transparency (market)

In economics, a market is transparent if much is known by many about: What products and services or capital assets are available, market depth (quantity available), what price, and where.

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Walmart

Walmart Inc. (formerly branded as Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores.

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Wholesaling

Wholesaling, jobbing, or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional, or other professional business users; or to other wholesalers and related subordinated services.

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Redirects here:

Cutting down the middleman, Cutting out the middle man, Cutting out the middleman, Cutting out the middlemen, Direct from the factory, Disintermediate, Disintermediated, Factory direct.

References

[1] https://en.wikipedia.org/wiki/Disintermediation

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