Question

services of retailers to the wholesaler are????​

Answer 1

To the retailers, wholesaler provides the following services:

i. Saves Time – Retailers save much of his time in placing orders with the wholesaler rather than the producer.

ii. Better use of Limited Capital – Stock of different types of goods is held by wholesaler; as a result, retailers get the goods as and when required. He is saved from locking capital in storing the goods.

iii. Quick Delivery – Prompt delivery of goods by the wholesaler to retailer facilitates smooth flow of goods.

iv. Credit Facilities – Credit facilities are provided by the wholesalers to retailers to maintain uninterrupted supply of goods.

v. Expert Knowledge – Wholesalers have a good knowledge and experience about the changing market conditions. They provide this information to retailers who can capitalise on it.

Answer 2

Quick Delivery – Prompt delivery of goods by the wholesaler to retailer facilitates smooth flow of goods.

iv. Credit Facilities – Credit facilities are provided by the wholesalers to retailers to maintain uninterrupted supply of goods.

v. Expert Knowledge – Wholesalers have a good knowledge and experience about the changing market conditions. They provide this information to retailers who can capitalise on it.