Question

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Difference between itinerants and fixed shop RETAILERS?

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Answer 1

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Itinerants have not a fixed place of business but fixed shop retailers have a fixed place of business.

Itinerants sell products in a small plots to consumers in residential areas but fixed shop retailers do not do these works.

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Answer 2

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$\huge{Itinerants}$

These are retailers who do not have a fixed decided place of business. Their business is characterized by moving their shops around, sometimes even on a daily basis. Their sale is to the final consumers of the goods, so they are retailers, even if they do not have a standard place of business.

Some features of such itinerant retailers are as follows,

The scale of operations is small. Large-scale operations cannot shift their place of business on a regular basis, but itinerant retailers canThe capital is also limited in the case of itinerant retailersThey usually deal in day to day products and perishable items of daily use like fruits, vegetables, milk, toiletries etc.Such retailers increase the convenience to customers by making products available practically at the doorsteps of the consumerSince they have to shift their place of business with regularity, they keep limited inventory for logistical purposes.

$\huge{fixedshop}$

These are self-explanatory, they operate out of a fixed place of business. They are permanent establishments that do not change their locations very often in search of greener pastures.

Some features of fixed shops are,

Fixed shop retailers generally operate on a much bigger scale, although their size of operations will differ according to the type of storeThey require a sizeable capital infusion for inventory and infrastructure purposesThey also provide a large variety and categories of products as a general ruleThese establishments have more credibility and are trusted more by the consumers and manufacturers/wholesalers as well

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