Question

explain any three functions of retailers

Answer 1

1.A retailer buys a wide variety of goods from different wholesalers after estimating customer demand.

2.Retailers selects the best merchandise from each wholesaler and brings all the goods under one roof.

3.After assembly of goods from different suppliers, the retailers preserve them in stores and supply these goods to the consumers as and when required by them. The goods are kept as reserve stocks in order to ensure uninterrupted supply to the consumers.

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