disintermediation

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disintermediation

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 website, the benefits of which are convenience, fast turnaround time and sometimes lower prices. Obviously, retail stores are very much against disintermediation. See re-intermediation.
References in periodicals archive ?
It should not be inferred that the Internet is disintermediating financial advisors.
An environmental champion, they have been fundamentally transforming the agriculture business by disintermediating the supply chain by enabling local farming at commercial scale all year round.
Nevertheless, Amazon continues its Godzilla-like disintermediating march through the publishing world.
Bergman thus sees opportunity for tech-savvy younger advisors -- he notes that there are more advisors today in their 60s than in their 30s, incredibly -- for whom technology is not "disintermediating" (think robo-advisory firms) but "re-intermediating" the advisor.
He said, 'These retailers have integrated the shopping process into their own transaction systems, potentially disintermediating us as banks.
For the most part, apps have been developed to bring convenient and timely information access to the consumer's fingertips, disintermediating vast swaths of human interactions --not the least of which was the dreaded stop at the gas station to ask for directions.
"End-users will play a bigger role in selecting among models, and more open devices and equipment hold the potential for disintermediating traditional CSP business models, or at least tempering their control," Dr.
Just as retailers have innovated and invested in store brands to generate new revenue streams and increase shopper loyalty, manufacturers are seeking out new strategies to reach and impact consumers directly, disintermediating the retailer in some situations.
The typical enterprise web team is probably less interested in empowering the Adobe-fueled Flash designers and more interested in disintermediating them, similar to how website managers (mostly) disintermediated IT when they implemented a web CMS to update text content.
Most of that health-information-seeking traffic is going to dedicated eHealth sites such as WebMD, effectively disintermediating retailers from their health-conscious consumers.
"Manufactures and dealers are plowing more money into their own Web sites, disintermediating traditional media by letting consumers get price-and-item information directly."
Asgeirsson also confirmed that CPA2Biz now has one third of CPA firms enrolled in the business solutions program, in which CPA2Biz ensures they are not disintermediating the CPA from their client.