Explain five services that may be offered by wholesalers to the retailers.

Answer

Services that are offered by wholesalers to retailers:

• Availing a variety of goods from different producers relieving the retailers of the burden of visiting the producers premises/meeting their different needs /choice

• Breaking bulk into quantities desired by retailers /the retailers are able to purchase only in the quantities they can afford

• Offer storage /warehousing services this relieves the retailer from the risks damage/cost of storage of goods/services

• Provide credit/Trade credit/ financing to deserving retailers /which act as a source of capital deserving retailers/which act as a source of capital to them to be paid at a later date as agreed
• Advertise goods/product promotion They advertise goods/product promotion to the benefit of retailers to find a ready market
• They offer transport to the retailers relieving them the transportation cost

• They inform/advice/educate the retailers on available offers for a certain commodity hence helping retailers to improve on their profit margin

• Blending the goods they mix the goods to get a better/desired quality

• Packaging the goods they put the goods in suitable containers/sizes/packages

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