write the features of a wholesale market
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- He buys and sells goods in large quantities.
- He buys and sells goods in large quantities.He deals only in a few types of products.
- He buys and sells goods in large quantities.He deals only in a few types of products.He acts as a middleman between the producers and retailers.
- He buys and sells goods in large quantities.He deals only in a few types of products.He acts as a middleman between the producers and retailers.He usually makes cash purchases and sells goods on credit to the retailers.
- He buys and sells goods in large quantities.He deals only in a few types of products.He acts as a middleman between the producers and retailers.He usually makes cash purchases and sells goods on credit to the retailers.He does not sell good to the consumers.
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✦✧ANSWER✦✧
- Link between producers and retailers. Wholesalers act as an important link between producer and retailer.
- Bulk quantity. Bulk buying is another feature of wholesaling.
- Few product line. Wholesalers deal in the goods of certain product lines only.
- Low profit margin.
- Sales on credit.
- Financial help.
- Various services.
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