ENTREPRENEURIAL MARKETING
MARKETING MIX
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Wholesalers cut storage costs for retailers.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Lower cost of business. Because wholesale distribution simplifies operations for manufacturers and retailers, it can also reduce their operating costs. Retailers that buy from wholesalers may also pay lower prices than when buying small quantities directly from manufacturers.
Detailed explanation-2: -In simple words, a wholesaler buys the product in bulk from the manufacturer and sell it to the retailer, who then sells it to the end-users. Wholesaler’s main aim is to sell goods to businesses or retailers and they sell it further.
There is 1 question to complete.