Question

How do the producers get benefits from the functions of retailers? Write the benefits arising from any two functions

Answer 1

Answer:

Explanation:

Producers get the benefits from the retailers because,

1- If you are a producer and I am a retailer, I will buy all your stock in bulk. So one way or another, your stock gets sold off.

In this manner the producer gets the benefit.

2- The producers do not have to compete with the local market competition, instead they can easily sell their goods to the wholesalers. They create their relationship once and that continues for a long time period.