Advertisements
Advertisements
Question
Distinguish between the following:
Itinerant Retailers and Non-Itinerant (Fixed shop retailer).
Solution
Sr No. | Points | Itinerant Retailers | Non-Itinerants Retailers |
1 | Meaning | Itinerant retailers are those retailers who do not have a fixed places for their business. | Fixed shop retailers are those retailers who have a fixed place for their business. |
2 |
Capital |
It requires limited capital. | It requires higher capital investment. |
3 | Stock of goods |
They keep limited stock of goods. |
They keep large stock of goods. |
4 | Quality of goods | They sell low quality goods. |
They sell quality goods. |
5 | Variety of goods | They do not offer variety of goods to customers. | They offer variety of goods to customers. |
6 | Prices |
Prices of goods is lower due to absence of fixed cost. |
Prices of goods is higher than itinerant retailers. |
7 | Credit facility | Credit facility is not given to customers. | Credit facility is given only to regular customers. |
8 |
Choice of goods |
Customers have no scope for choice of goods. | Customers have more scope for choice of goods. |
9 | Door to door service | They offer door to door service to their customers. | They do not offer door to door services to their customers. |
10 | After sales service | They do not provide after sales service to customers. | They provide after sales service to customers. |
11 | Types of goods |
It deals in goods of daily need and more perishable nature. |
It deals in all types of goods as per the needs of the customers. |
APPEARS IN
RELATED QUESTIONS
State True or False.
A retailer has no direct contact with consumers.
Find the odd one
Complete the sentence.
The wholesaler purchases a large quantity of goods from the __________.
Complete the sentence.
The wholesaler bears the risk of _________ and market fluctuations
Complete the sentence.
The retailer is the connecting link between the wholesaler and _________.
Complete the sentence.
The shop where th e prices of all products or goods are same is k now n as ____________.
Answer in one sentence
What do you mean by small scale fixed retailers?
Explain the following term/concept:
Retail Trade.
Study the following case/situation and express your opinion.
Sonupant purchases his grocery material every month from the nearest Nandulal grocery shop and he purchases wheat, rice, and pulses in bulk for the whole year from Gorhe and Son’s market yard.
Who is the wholesaler?
Study the following case/situation and express your opinion.
Sonupant purchases his grocery material every month from the nearest Nandulal grocery shop and he purchases wheat, rice, and pulses in bulk for the whole year from Gorhe and Son’s market yard.
Any one difference between wholesaler and retailer?
Distinguish between the following:
Wholesaler and Retailer.
Answer in brief.
State any two types of small scale fixed shop retailer.
Justify the following statement:
Wholesaler sells goods in large quantities.
Justify the following statement:
Retailer provide home delivery of goods to customers.
Justify the following statement:
There is no scope for bargaining in one price shop.
Explain small-scale fixed shop retailers.
Explain the services of wholesalers.