List two advantages of the following;
i) Weekly market
ii) Neighbourhood shops
iii) Chain of markets
iv) Wholesale markets
Plss answer in long
Answers
Explanation:
1) Advantages of weekly markets
One stop shop: All the items are available under one roof. ...
More choice for buyers: Since there are many sellers selling the same product, the buyer has a choice regarding who to buy from.
Convenience: Since a high variety of goods is available, it is very convenient for the buyer.
2) Advantages of shops in the neighbourhood
Proximity: As the name suggests these shops are in our neighbourhood and hence close to our homes.
Open all days: These shops, unlike weekly markets, operate on all days. ...
Flexibility: Since the buyer and seller know each other these shops give goods on credit also
3) works only on cash basis
uniform price in all branches
It does not require many sales personal.
4) Wholesale marketing and how it benefits you
# 1. You'll save money and make more money. ...
# 2. You'll create and propagate your own brand. ...
# 3. You'll familiarize yourself with industry knowledge. ...
# 4. You'll build a network of suppliers. ...
# 5. You'll be able to diversify. ...
# 6. You'll save and make even more money.