Answer: intermediaries
Step-by-step explanation: In simple words, channel of distributions refs to the chain of business activities and intermediaries who prof rm the function of transferring the product from the producer to its final customer.
This channel of distribution consists of intermediaries such as agents, brokers , wholesalers and retailers who deals with each other at different levels and earn their margin of profit from the product while transferring it to next stage.
These are important parties to the market as without them producer has to perform all the ruination by himself which can result in delay or unstable supply in the market.