Question

In: Economics

Wholesale middlemen 1. what is the number and size in India? 2. what is the Customary...

Wholesale middlemen
1. what is the number and size in India?
2. what is the Customary markup for various classes of goods in india?
3. what is the Method of operation (cash/credit) in india?
4.what is the Import/export agents in india?
5. what is it like in the Warehousing in india?
6. what is the penetration of urban and rural markets in india?

Solutions

Expert Solution

1- Wholesaler is a middleman that buys in bulk from a distributor and resells at a wholesale price to a retailer. Wholesalers can specialize in a certain type of product, such as women's shoes, or carry a wide range of stock destined for retailers in various different industries.

1

1- Wholesale means that a business buys goods in large quantities directly from manufacturers or distributors, warehouses them, and resells them to other businesses .

2- Due to high - volume purchase orders, those in wholesale are typically able to buy products at a lower price and add their margins.

2

1- The Average wholesale or distributor markup is 20% , although some go up as high as 40% .

2- Now, it certainly varies by industry for retailers: most automobiles are only marked up 5- 10% while it's not uncommon for clothing items to be marked up 100% .

3

1- Wholesale sales ,there is a widw variety of ways your customers can pay .

2- B2B customers will often seek delayed payment terms to give themselves a window to sell your products and pay you back with the cash end- consumers paid to buy your products. These delayed payments can lead to a diminished cash flow for your business. The difference in price - paid for by the buyer- is the profit, retained by the wholesaler.

3- The three most basic methods of payment are cash, credit, and payment in kind( or bartering) .

4-

1- Import/ Export Agents in India are the agent is to act as a middle person for the purchase or sale of products between both domestic and overseas companies.

2- While this is a general description ,the responsibilities vary depending on the field and type of company for which the agent works. Duties may also be different depending on where the agent is in the supply chain.

5

1- When it comes to India,B2B wholesale market is fragmented, as it is majorly dominated by middlemen. The Middleman gets all the profit from the deal leaving very little margin for the Wholesalers to pocket in and he content with.

2- But off - late with the advent of technology the buyers and sellers in the Wholesale market have been able to connect directly; thereby, avoiding the middleman! This has also paved way for smoother transactions between buyers and sellers.

6

1- Rural - urban interactions include: Linkages across space ( such as flows of people,goods, money, information, and wastes), and Linkages between sectors..

2- The classification that divides people in either rural or urban is often used when policies are being developed but is in infact misleading and unhelpful.

3-Links exist between rural and urban locations in the same way that links exist between people and their activities.

4- India's per capita GDP in rural regions has grown at a Compound Annual Growth Rate of 6.2 percent since 2000.

5- The Fast Moving Consumer Goods sector in rural and semi - urban India is expected to crose US$ 20 billion mark by 2018 and reach US$ 100 billion by 2025.


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