Question

What are different types of retails and the wholesalers? Discuss in details

Kindly write the answer in MS words.

Answer 1

Here are some examples-

Truck Jobber: This type of wholesaler sells perishable items on the truck generally in rural areas.

2. Rack Jobber: Rack Jobbers are specialized in selling any particular type of merchandise. The retailers come to their shop and choose product as per their need.

3. Cash and Carry Jobbers: These wholesalers do not allow any credit to the retailers..

4. General Merchandise Wholesaler: These wholesalers sell variety of the product to the retailers

5. Specialty Wholesaler: The wholesaler specialized in a particular type of merchandise.

6. Brokers: Brokers are those who do not directly sell goods but they bring the sellers and the buyers close. 7. Commission Merchants: Commission merchant sells their product without owning the goods They earn commission on the sold product..

8. Manufacturers’ Agents: These type f wholesalers represent the manufacturer..

9. Selling Agents: They are the same as manufacturer agent but the difference is that they are agent of marketing team

10. Converters: They are manufacturers as well as wholesalers.

11. Assemblers: They assemble the various product. Especially agricultural product.

Retailers without any fixed shops

1. Street Hawkers: They sell their goods on cycles, tri-cycles etc. The go here and there to sell their products.

2. Cheap Jacks: Cheap Jacks sell their product in any particular locally and move to another place the moment they get the opportunity.

3. Street Vendors: Street vendors sell their product on busy streets or on footpaths.

B. Fixed-shop Retailers

1. General Stores: These are the most common retailers. They have a shop and sell variety of products.

2. Specialty Shops: These retailers have a shop and sell a single variety of the product. For an example shop of a stationary. You will get all the stationary related stuffs at a place.

3. Second-hand goods shops: They deal in second hand or old items.

4. Automatic Vending Machines: They are operated through a coin vending machines. You can get cold drinks, chocolates, milk etc.

5. Consumer durable shops: You can get durable items like tv, fridge, AC etc.