👉 A new vendor in a market or industry is someone who offers goods or services to customers, typically at a lower cost than traditional marketplaces. In the context of the internet and e-commerce, this concept can refer to an online retailer that sells products directly to consumers, such as Amazon. The term "newsvendor" has been used to describe any individual or entity that is different from other vendors in their field but still competes with them through innovative marketing strategies, quality products, or a unique
