2. Differentiate between a wholesaler and a retailer.
3. What are the types of Itinerant retailers?
Answers
Answer:
(2) In simple words, a wholesaler buys the product in bulk from the manufacturer and sell it to the retailer, who then sells it to the end-users. Wholesaler's main aim is to sell goods to businesses or retailers and they sell it further.
(3) Peddlers and Hawkers: Peddlers are those retailers who carry goods in hand cart to sell them at the doors of consumers. ...
Cheap Jacks. Cheap jacks are different from hawkers and peddlers. ...
Market traders. Market traders, as the name itself implies, open their shops on market days. ...
Street traders.
Explanation:
2) the word wholesale simply means selling in bulk quantities and retail stands for selling merchandise in small quantities
3) cheap jacks. cheap jacks are different from hawkers and peddlers..
- market traders
street traders