Question

Explain the services of retailers to wholesaler.
Explain small scale fixed shop retailers​

Answer 1

Answer:

They deal in Wide variety of goods so there is scope for choice. They deal in almost all household articles and goods of daily use. They provide credit facilities and have personal relation with their customers. They have fixed place of business so the customers have faith and confidence in dealing with them.

Explanation:

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Answer 2

Answer:

The retailer offers following services to wholesalers:

• Retailer provide useful information to retailers as taste and preference of buyer, prevailing market conditions, etc.
• They help in promotion of goods to consumers.
• They facilitate distribution of goods for final consumption to consumers.

fixed-shop retailers are retailers who have permanent establishments. That is, they sell goods and services from fixed shops and do not move from place to place to serve customers—for example, retailers functioning from fixed establishments in the local grocery market.

The following are some of the characteristics of small scale fixed-shop retailers:

• Fixed-shop retailers operate on a large scale and have huge resources at their disposal compared with itinerant traders. However, among fixed-shop retailers, there are retailers who operate on a small scale or a large scale.
• They generally deal in more than one product—that is, their range of goods varies from consumer durable goods to non-durable goods.
•  Fixed-shop retailers provide services such as free home delivery and supply of goods on credit to their customers.

Explanation: