What are the two types of merchant wholesalers?
Answers
the two types of merchant wholesalers are: full-service wholesalers, which provide a full set of services, and limited service wholesalers, which offer fewer services to their suppliers and customers.
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A wholesale merchant operates in the chain between producer and retail merchant.
✅Merchant wholesalers are the first of two basic types of wholesalers within the industry.
➡️These wholesalers buy and sell goods to retail establishments for a profit. The Bureau of Labor Statistics indicates that merchant wholesalers typically purchase and sell two types of goods, either durable or non-durable.
➡️The difference between these goods is in their life expectancy, with durable goods having an expected life of more than three years.