Q)Explaining any 3 services of wholesaler to consumer and manufacturer
A) To consumers, wholesalers indirectly benefit by ensuring the availability of diverse
products and maintaining stable prices by balancing supply and demand. For
manufacturers, wholesalers provide bulk purchasing, reducing production inventory
requirements. They handle distribution by storing and delivering goods efficiently to
retailers. Additionally, wholesalers act as market intermediaries, sharing insights on
market trends and consumer preferences and helping manufacturers adapt to
demand.
State any 3 features of the wholesaler
● Bulk Buying and Selling: Wholesalers purchase goods in large quantities from
manufacturers and sell them in smaller lots to retailers.
● Bridge Between Manufacturer and Retailer: They act as intermediaries, ensuring
goods reach retailers efficiently.
● Specialized Services: Wholesalers provide storage, distribution, and market insights,
supporting manufacturers and retailers in the supply chain.
What are the arguments for the elimination of wholesale?r
A) Cost Reduction: Eliminating wholesalers can lower consumer prices by removing
intermediaries and their profit margins.
B) Direct Manufacturer-Retailer Interaction: Manufacturers can sell directly to retailers,
improving efficiency and communication.
C) Technological Advancements: Modern e-commerce and logistics systems allow
manufacturers and retailers to bypass wholesalers, ensuring faster and more
streamlined transactions.