A jobber, also known as a middleman or a wholesale dealer, is an intermediary who brokers a deal between a supplier and a retailer. Jobbers typically purchase large quantities of products from a supplier and then sell them to retailers at a discounted rate. They earn a commission from the mark up they contract with the supplier as well as the difference between the supplier’s cost and the price they sell to retailers.
Jobbers can provide a variety of benefits to businesses, particularly those that offer products to customers. By contracting with a jobber, businesses can obtain access to new suppliers, discounted products, and expanded inventory, enabling them to better meet customer demands. Furthermore, many jobbers are able to negotiate special terms for suppliers like extended payment terms. Additionally, businesses may find it easier to manage inventory by using the jobber’s purchasing and delivery system.
Today, jobbers are increasingly used in the retail world. Many online retailers use jobbers to broker deals with suppliers as well as to provide support in product management and inventory tracking. Additionally, large retailers and companies often rely on jobbers to manage their stock and acquire discounted products. For example, Amazon and Walmart both rely on jobbers to help them purchase large quantities of products at a discounted rate.
Jobbers have been part of the business landscape for centuries, and remain an important asset for businesses today. By working with jobbers, businesses can gain access to a variety of benefits, including a larger inventory, discounted products, and access to new suppliers. Additionally, many businesses rely on jobbers to facilitate inventory tracking and management.