On the basis of commodity, the markets are classified as follows:
(a) Common Market: Common market is the place in which various types of products are sold and bought.
Example : Clothes, Utensils, Jewellery, grocery markets are found in a common market.
(b) Special Market: It is the market in which special kinds of products are sold and bought.
Example: Grocery market, Clothes market, Jewellery market, Fruit market, etc.
(c) Market of Sales from Sample: When the sale of the goods is done by looking at the sample then it is called a market of sale by sample. Sale is usually done by showing a sample in wholesale markets.
(d) Market of Sales from Grading: Purchase and sale of some items is based on grading.
Example: Usha Stitching Machine, K-68 Wheat, Lux Soap, Dalda Ghee, Hero Cycle, etc.
