What Is a Mercantile Agency?
Product agency is a completely different concept from distributors. Agency is to manage the business on behalf of the company, not to buy out the company's products, but a kind of operating behavior given by the manufacturer. The ownership of the goods belongs to the manufacturer, not the merchant. They also do not use the products themselves, but sell them on behalf of enterprises. So "product agent" generally refers to a business unit that earns agency commissions for the enterprise.