Ephy
Active member
This refers buying of goods from producers in bulk and then selling them to retailers.
Wholesalers are classified according to the mode of operation, place of operation and range of products. Here is the classification :
1. General merchandise wholesale - they deal with a wide variety of goods. There products include foodstuffs, hardware, clothing or animal feeds. They operate in a place where it is difficult to attract other wholesalers.
2. General line wholesalers - they deal with one line of products. Example a wholesaler who deals with only animal products, foodstuffs, medicine, clothes or hardware products.
3. Specialised wholesalers - they only deal with one type of goods within a given line of products. Example specialises in medicine.
4. Nationwide wholesalers - Distribute there products in all parts of the country.
5. Regional wholesalers - they sell there products in certain parts of the country.
6. Mobile wholesalers - they move from one place to another supplying their products to retailers using vehicles.
7. Cash and carry wholesalers - they sell their goods on cash basis, where customers are given a chance to pick the goods they want and pay for them on the spot.
8. Rack jobbers - they specialise in selling particular lines of products to retailers. They arrange their products in racks.
Wholesalers are classified according to the mode of operation, place of operation and range of products. Here is the classification :
1. General merchandise wholesale - they deal with a wide variety of goods. There products include foodstuffs, hardware, clothing or animal feeds. They operate in a place where it is difficult to attract other wholesalers.
2. General line wholesalers - they deal with one line of products. Example a wholesaler who deals with only animal products, foodstuffs, medicine, clothes or hardware products.
3. Specialised wholesalers - they only deal with one type of goods within a given line of products. Example specialises in medicine.
4. Nationwide wholesalers - Distribute there products in all parts of the country.
5. Regional wholesalers - they sell there products in certain parts of the country.
6. Mobile wholesalers - they move from one place to another supplying their products to retailers using vehicles.
7. Cash and carry wholesalers - they sell their goods on cash basis, where customers are given a chance to pick the goods they want and pay for them on the spot.
8. Rack jobbers - they specialise in selling particular lines of products to retailers. They arrange their products in racks.