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SS1: COMMERCE - 2ND TERM

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  1. Modern Trends in Retail Business
    2 Topics
    |
    1 Quiz
  2. The Wholesaler
    5 Topics
    |
    1 Quiz
  3. Warehouse
    3 Topics
    |
    1 Quiz
  4. Foreign Trade (International)
    6 Topics
    |
    2 Quizzes
  5. Tariffs & Reasons for The Imposition of Tariffs
    5 Topics
    |
    1 Quiz
  6. Functions of Customs & Exercise
    4 Topics
    |
    2 Quizzes
  7. Commodity Exchange
    7 Topics
  8. Sole Proprietorship
    2 Topics
    |
    1 Quiz
  9. Partnership
    5 Topics
    |
    6 Quizzes
  10. Money
    3 Topics
    |
    2 Quizzes
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Lesson 2, Topic 3
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Functions of Wholesalers to the Retailers

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Wholesalers perform the following functions to the Retailers;

1. Finance: The wholesalers help the retailers by allowing credit to them. Opportunity is given to retailers to buy goods on credit.

2. Variety of Goods: Wide variety of goods are provided for the retailers to buy

3. Giving of Advise: The retailers are provided with technical information about the product and the market

4. Provides Goods in Small Quantity: They buy goods in bulk from the producers and sell to the retailers in smaller quantities.

5. Repacking and Grading: The wholesaler’s process, grade, or brand before they are finally handed over to the retailers.

6. Advertising and Publicity: The wholesalers carry out advertising and publicity functions to stimulate and increase the demand for the products.

7. Transport and Delivery: Proper arrangement is made by the wholesalers to transport goods to the retailers.

classification of wholesale trade

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Badejo Eniola Elizabeth
Badejo Eniola Elizabeth
01/02/2025 12:55 PM

Thanks

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