Please explain this line:- The wholesalers specialise in one line of products and know the pulse of the market.
Hey Abhay, this statement ' The Wholesalers specialise in one line of product and know the pulse of the market' is absolutely correct.
Usually wholesalers tie-up with the manufacturer for selling their products and sells a product of different brands which give consumers a variety of choice. They can choose the better. Basically there are many types of customer some sacrifice the quality with that of price and some will purchase costly products to have best quality. So, a wholesaler deals in every kind of product.
As he is the middleman between the manufacturer and retailer so he have complete knowledge of the market that what is demanded at a certain point of time and at what price, thus, he will buy and sell the products accordingly and earns a goods amount of profit.
Hence, it is right to say that 'The wholesaler specialise in one line of product and know the pulse of the market'.
I hope this answers your query.
Keep Posting!!
Usually wholesalers tie-up with the manufacturer for selling their products and sells a product of different brands which give consumers a variety of choice. They can choose the better. Basically there are many types of customer some sacrifice the quality with that of price and some will purchase costly products to have best quality. So, a wholesaler deals in every kind of product.
As he is the middleman between the manufacturer and retailer so he have complete knowledge of the market that what is demanded at a certain point of time and at what price, thus, he will buy and sell the products accordingly and earns a goods amount of profit.
Hence, it is right to say that 'The wholesaler specialise in one line of product and know the pulse of the market'.
I hope this answers your query.
Keep Posting!!