Question

characteristics of whole saler​

Answer 1

Answer:

The main characteristics of wholesaler are:

He buys and sells goods in large quantities.

He deals only with a few types of products.

He acts as a middleman between the producers and retailers.

He usually makes cash purchases and sells goods on credit to the retailers.

He does not sell goods to consumers.

Answer 2

A wholesaler can be defined as a person who buys in bulk from the producer.

Explanation:

1. A wholesaler is a person who buys the products in huge quantities from the producers and stores them.
2. The products are then sold to the retailers who sell the products to the final customers as and when the demand arises.
3. A wholesaler is generally a very business-minded person and carries out market research on a regular basis to understand customer’s consumption pattern.
4. A wholesaler also provides important marketing services to the producers.