"Wholesalers act as a two way channel between producers and retailers." Explain.
Answers
Answer:
When producers sell goods and services directly to the consumers, it is a direct channel. ... Wholesalers are those middlemen in the channel of distribution who deal with goods in bulk quantity. They sell goods to retailers and in some cases directly to consumers.
Answer:
Because he is in charge of supplying items in bulk to the retailer, a wholesaler is a vital link in the supply chain. After that, the shop sells it to the end customer.
In the supply chain, a wholesaler serves as a middleman between the manufacturer and the retailer.
Explanation:
A wholesaler is a person who purchases goods in large quantities and resells them to retailers at retail prices. Consumers purchase it from retailers for their own usage. Let's talk in-depth about the wholesaler's role in connecting producers and retailers.
- The two key intermediaries in commerce are wholesalers and retailers. They are in charge of transporting items from manufacturers to consumers. The wholesaler is the first link in a lengthy chain that finishes with the customer.
- Wholesalers and retailers are a component of the chain that starts with the producer of the goods, who then sells them in bulk to the wholesaler. The retailer then purchases the items at retail prices and distributes them to the client.
- The retailer is the one who manages a department store or shopping center where customers may find a wide variety of goods in retail stores. Through the supply chain, retailers meet customer demand.
As a result, the trade is a lengthy chain where the manufacturer may sell the goods via the supply chain, which benefits the customers.
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