Which term is an agent who buys unsold products in bulk from suppliers and then resells the product at a discount to intermediaries or to consumers?

Which term is an agent who buys unsold products in bulk from suppliers and then resells the product at a discount to intermediaries or to consumers?

• A. Consolidator
• B. Commission
• C. Compensation
• D. Consumer show

Answer: (A)

Consolidator is the term for an intermediary who buys unsold inventory in bulk from suppliers and then resells it at a discount to intermediaries or consumers. In travel and hospitality, airlines, hotels, or other providers may sell blocks of inventory to a consolidator at a reduced rate, and the consolidator then offers that inventory to travel agents or direct customers at lower prices, helping fill capacity and reach price-sensitive buyers. This role differs from a simple commission (a fee earned on sales), a compensation (general pay), or a consumer show (an event for promoting products to the public).

Consolidator is the term for an intermediary who buys unsold inventory in bulk from suppliers and then resells it at a discount to intermediaries or consumers. In travel and hospitality, airlines, hotels, or other providers may sell blocks of inventory to a consolidator at a reduced rate, and the consolidator then offers that inventory to travel agents or direct customers at lower prices, helping fill capacity and reach price-sensitive buyers. This role differs from a simple commission (a fee earned on sales), a compensation (general pay), or a consumer show (an event for promoting products to the public).