Click and connect with wholesalers to buy and save

Click and connect with wholesalers to buy and save Domestic trade involves the exchange of goods within a country as opposed to international trade. This domestic trade can be divided into two – wholesale trade and retail trade. Wholesale traders buy... More

Click and connect with wholesalers to buy and save Domestic trade involves the exchange of goods within a country as opposed to international trade. This domestic trade can be divided into two – wholesale trade and retail trade. Wholesale traders buy goods directly from the manufacturers or sometimes from dealers buying bulk goods; they then sell small quantities to the retailers or sometimes to the consumers. The wholesale trade is managed by the wholesale merchants or commission agents. The retail traders buy relatively smaller quantities of goods from wholesalers and sell it to the consumers. To bypass the middleman or the retailer and pocket more profits, the wholesalers are also attempting to operate retail distribution. The consumer too benefits from this because the price is lower than the retail outlets. Domestic trade enables and helps in goods exchange internally. This way the nation’s economy grows and so too the living standard of the people; it gives a fillip to em Less