200 words essay about wholesale market
Answers
In a market, many things are sold by sellers for profit of them and also for the need of the common people. The goods sold, pass through many hands right from their production to their selling.
Wholesale dealers are those persons who directly collect the goods from the persons producing it and then sell them to person in need of it.
As implied by the name, wholesale market is the retailers purchase market where manufacturers sell their products directly to the consumer market at a nominal price.
As a result wholesale market price is always lesser than retail market but here you have to buy the goods in multiple units.
When you are buying commodities from wholesale market, you can get to buy at lower price so its suits the retailers better.