Wholesalers as global marketers

Abstract

The notion of wholesalers as global marketers is almost an oxymoron in marketing thought. Yet, in fact, wholesalers as an institutional type have for thousands of years been involved in what today we refer to as global marketing. Wholesalers of many types have performed numerous activities or functions that have always been necessary for connecting distant buyers and sellers so that transactions can be consummated across international boundaries. In fact, by performing many distribution tasks or functions, wholesaling intermediaries of all types create the channel flows that link buyers and sellers together on a global scale. These flows, of which there are eight (product, ownership, promotion, negotiation, financing, risking, ordering, and payment), do not automatically appear out of thin air. Rather, the eight flows are created and sustained by many types of organizations that perform all of the myriad distribution tasks needed to connect sellers and buyers. Wholesale distributive institutions of all kinds, from the traditional so-called full-function merchant wholesaler to the more narrowly focused wholesaling intermediaries such as freight forwarders and export desk jobbers, all make a contribution by creating and sustaining channel flows. In recent years, as these flows increasingly extend to an international or global level, wholesaling intermediaries will likely play an even larger role in global marketing.