Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2026 Crash Course
NEET 2026 Crash Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
5.4k views
in Channels of Distribution by (47.8k points)
closed by

Explain the services rendered by wholesalers to retailers.

1 Answer

+1 vote
by (47.5k points)
selected by
 
Best answer

1. Financial Assistance : Wholesalers provide financial assistance to retailers by selling goods on credit.

2. Meeting the Requirements : Due to limited capital and lack of space in his facility a retailer cannot hold large variety of products. 

3. Introduction of New Products : Wholesalers bring new products and their uses to the notice of retailers. 

4. Price Stability : Wholesalers reduce price fluctuations by adjusting supply and demand and save the retailers from loss arising from price fluctuations.

5. Economy in Transport : A wholesaler often delivers goods at the door steps of retailers and save their time and cost of transport. 

6. Regular Supply : Wholesalers keep large stock of varieties of goods and provide a regular supply of goods as per the retailer’s need.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...