1.0 INTRODUCTION
For centuries ago when the middlemen where not in existence
most organizations suffer a lot before products could reach to the
final consumers. Products get to consumers directly from
producers. And in that effect time is taken time is wasted goods
are destroyed and so many hazards affect the products either on
transit or time taken. Most producers experienced huge losses.
And on the other hand the consumers loose confidence in the
hands of most producers as they don’t get the required goods or
services and at the required time.
Out of necessity the producers decided to employed agents that
will keep their products after production normally in towns and
time customer wants to buy a particular products he or she will
directly locate those assign agents to get the product he or she
wants. This tend improve the sales of position of most producers.
The practice continues until when most companies decided to
handover the duty of agency to people that normally purchases
their products often.
It is in this way that organization organized and came up with
middlemen to assist them as well as assist consumers in supplying
with companies products and also extending their gestures to the
producers.
1.1 BACKGROUND OF THE ESSAY
A middlemen is an independent link between the producers and
ultimate consumers or industrial user. Middlemen renders services
that connotes with the purchasing and sales of products from
producers to the consumers middlemen either take title to the
merchandise as it moves from producers to consumers or actively
help in the transfer of ownership. The middlemen perform active
and prominent role negotiating pricing that involve the buying and
selling of goods. Their involvement in transfer of ownership is what
differentiate middlemen from other business institutions such as
banks and insurance houses. The mentioned institutions help in
marketing functions but they do not take title and are not actively
involved in purchasing and sales of goods and negotiations some
middlemen stores and transport merchandise while the other do
not physically handle it at all summarily middlemen balances
producers output with consumers want through the activities on
how to create time place possession and utility. Truly one may
eliminate middlemen but not their functions middlemen play a
significant role in our social and economic system. Producers and
wholesalers of consumer products must understand the retail
market before they can intelligently develop distribution strategies.
Hence there is good justification for undertaking the study on the
role of middlemen in the market of consumer products for this will
go along way in assessing the activities of marketing consumer
products by the middlemen.
2.2 OBJECTIVE OF THE ESSAY
The purpose of the study is to identify the role of middlemen in
marketing of consumer products. This is with a view to enhancing
business development in Nigeria. The objectives of this research
work are as follows:
1. To identify the role of middlemen in marketing of consumer
products
2. To determine the various types of middlemen that are
involved in marketing of consumer product.
3. To determine the role of middlemen under market situations.
4. To look in the physical handling of the consumer product.
5. To examine the activities of the middlemen.
1.3 SIGNIFICANCE OF THE ESSAY
Business organization are to know that the middlemen play a vital
role in the organization of reaching to the consumer at an expected
time and to also encourage some of the business organization who
do not have middlemen to adopt one so that their product can
easily reach the consumer at a given date and at a particular time
in order to enhance business development in our country Nigeria.
These essay will also serve as an opportunity for the reader
because it will draw more light and broaden the knowledge about
the practical aspect of the subject matter. Finally it will also be
beneficial to fellow students who may in future make reference to
any similar problems that this essay will provide answers to.
1.4 THE SCOPE OF THE ESSAY
The scope of this study is limited to the various roles which the
middlemen play in the marketing of consumer products such as
negotiating pricing transfer of ownership etc. The middlemen
also performs the activities of cocentralization equalization and
dispersion and by considerably creating time place and
possession utilities in Nigeria. The marketing use of consumer
goods which include the fast moving goods (FMG). The study also
establishes the proper use of middlemen in the marketing of
consumer products of Dangote Noddles December 2008.
1.5 LIMITATION OF THE ESSAY
The study suffered some major set back like the problem of time
and financial constraint that was not really explored. Find it difficult
to lay my hand on some material that relates to topics which could
have been very helpful and would have aided in explaining the role
played by many middlemen and how their participation affects
consumers directly or indirectly cost wise and time wise also.
Project Information
Price
NGN 3,000Pages
44Chapters
1 - 3Program type
national diploma (nd)