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disintermediation |
Also found in: Financial, Wikipedia, Hutchinson | 0.09 sec. |
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The elimination of the distributor and/or retailer (the middleman) when making a purchase. The term is used to refer to purchasing directly from a manufacturer's Web site, the benefits of which are convenience, fast turnaround time and sometimes lower prices. Obviously, retail stores are very much against disintermediation. See reintermediation. |
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? Mentioned in | ? References in periodicals archive | |
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Esurance, which targets a younger market, has said by cutting out the middleman, it's able to offer a more competitive rate and be a low-cost operator. Cutting out the middleman by going direct is not such a smart thing to do. You're just a one-man band, cutting out the middleman. |
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