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Markets around us

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Civics Markets of wholesalers

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Markets around us

  1. 1. Markets Around Us Made By:- akshay Painjane School:- PIS nanded
  2. 2. Cycle of Goods
  3. 3. Wholesale Traders  Person or firm that buys large quantity of goods from various producers or vendors and resells to retailers, where they are sold to consumers.  Able to extract a better price from the manufacturer.
  4. 4. Wholesale Market The market for the sale of goods in large quantities to a retailer so that, it could be transported to the costumer.
  5. 5. Increase of prices of commodities (per quintal) in Wholesale Market 0 2,000 4,000 6,000 8,000 10,000 12,000 30-JAN 31-JAN 31-JAN 01-FEB 01-FEB 02-FEB 02-FEB Moong Dal Tur Dal Sugar
  6. 6. 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.
  7. 7. 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
  8. 8. 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 competition leading to improved efficiency in the exchange process Improved inspection and quality control.
  9. 9. Disadvantages of setting up a Wholesale Market 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.

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