Scribd Logo
Upload

Welcome to Scribd!

  • Markets Around Us: Made By:-Akshay Painjane School: - PIS Nanded

    Uploaded by

    Akshay Painjane
    17 views11 pages
    This document discusses wholesale markets. It describes how goods move from factories to wholesale traders to wholesale markets and then to retailers and customers. Wholesale traders buy large quantities of goods from producers to resell to retailers at a profit. Wholesale markets are where goods are sold in large quantities to retailers. The document provides graphs showing price increases of goods over time at wholesale markets. It outlines the key functions of wholesale markets including the physical exchange of goods, sorting by standards, and establishing prices. The economic benefits of wholesale markets are greater supply and price stability, improved market information, specialization of traders, and enhanced competition. The disadvantages include requiring large storage space, capital for bulk purchases, and more time for shipping, inventory and

    Original Description:

    Good for Economics! Wholesale Markets and Traders in India.

    Original Title

    Markets Around Us

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document discusses wholesale markets. It describes how goods move from factories to wholesale traders to wholesale markets and then to retailers and customers. Wholesale traders buy large quantities of goods from producers to resell to retailers at a profit. Wholesale markets are where goods are sold in large quantities to retailers. The document provides graphs showing price increases of goods over time at wholesale markets. It outlines the key functions of wholesale markets including the physical exchange of goods, sorting by standards, and establishing prices. The economic benefits of wholesale markets are greater supply and price stability, improved market information, specialization of traders, and enhanced competition. The disadvantages include requiring large storage space, capital for bulk purchases, and more time for shipping, inventory and

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    17 views11 pages

    Markets Around Us: Made By:-Akshay Painjane School: - PIS Nanded

    Uploaded by

    Akshay Painjane
    This document discusses wholesale markets. It describes how goods move from factories to wholesale traders to wholesale markets and then to retailers and customers. Wholesale traders buy large quantities of goods from producers to resell to retailers at a profit. Wholesale markets are where goods are sold in large quantities to retailers. The document provides graphs showing price increases of goods over time at wholesale markets. It outlines the key functions of wholesale markets including the physical exchange of goods, sorting by standards, and establishing prices. The economic benefits of wholesale markets are greater supply and price stability, improved market information, specialization of traders, and enhanced competition. The disadvantages include requiring large storage space, capital for bulk purchases, and more time for shipping, inventory and

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 11

    Markets Around Us

    Made By:- akshay Painjane


    School:- PIS nanded

    Topic :- Wholesale Markets

    Cycle of Goods

    Factory

    Wholesale
    Traders

    Wholesale
    Markets

    Retailers

    Costumer

    Wholesale
    Traders
    Personor firm
    thatbuyslargequantityof
    goodsfrom various
    producersorvendors and
    resells toretailers, where
    theyaresoldtoconsumers.
    Abletoextracta
    betterpricefromthe
    manufacturer.

    Wholesale
    Market
    Themarketforthesaleof
    goods in large quantities
    toaretailer so that, it could be
    transported to the costumer.

    Increase of prices of commodities (per


    quintal) in Wholesale Market
    12,000

    10,000

    8,000
    Moong Dal

    6,000

    Tur Dal
    Sugar

    4,000

    2,000

    30 - J an

    31 - J an

    31- J a n

    0 1- Fe b

    01- Fe b

    02 - Fe b

    0 2- Fe b

    Functions of wholesale markets


    The Wholesale Markets perform the following functions : physical exchange of produce.
    sorting of produce on the basis of standard
    criteria, thus facilitating sales.
    forming an equilibrium price for produce.
    exchange of information between suppliers
    and buyers.

    Benefits of the functions of wholesale


    markets
    The benefits of the functions of wholesale markets : Produce Protection
    Improved Handling operations
    Easier Introduction of Innovation and New Technology

    Economic benefits of wholesale markets


    Wholesale markets encourage : Greater stability of supply and sale of produce
    Improved market information (especially on prices)
    Specialization of traders
    Enhanced competitionleading to improved efficiency in the exchange process
    Improved inspection and quality control.

    Disadvantages of setting up a
    Market

    Wholesale

    The Disadvantages of Wholesale Markets are :1. We have to consider a big storage space.
    2. It requires a large amount of money buying wholesale products.
    3. It requires a lot of your time doing a wholesale business since you will be
    responsible with shipping, inventory and marketing the products unlike with
    drop shipping.

    You might also like