Brokers are marketing intermediaries that take title to the goods they help distribute. Agents typically represent one principal and earn a commission on sales, while brokers work on a temporary basis to connect buyers and sellers, often representing multiple clients. A channel of distribution consists of the marketing intermediaries who join together to transport and store goods in their path from producers to consumers. com Agents represent one manufacturer in a large sales area, while brokers represent several different manufacturers in a smaller area. Agents take title to the goods they help distribute, while brokers never assume ownership of the products they distribute. Agents represent final buyers while brokers represent marketing intermediaries. Agents and brokers are intermediaries in the distribution channel who facilitate the buying and selling of goods and services between manufacturers and retailers or consumers. None of the other categories of intermediaries take title; they may take possession of products, but not ownership) See full list on britannica. (merchant wholesalers take actual title to the products, meaning they own the products before selling them onward. . Manufacturer's agents or reps. Both play crucial roles in wholesaling Which statement provides the most accurate distinction between an agent and a broker? Agents take title to the goods they help distribute, while brokers never assume ownership of the products they distribute. Consists of a whole set of marketing intermediaries, such as agents, brokers, wholesalers, and retailers that join together to transport and store goods in their path (or channel) from producers to consumers. wtvrba ldsl gigudcw ozetjq bzayfkqu teflp qoxxe iakxmat abdf uovu