what are the merits of retail trading ?
3. Expert Advice The retailer is undoubtedly an expert in the line of goods he deals.
He provides expert advice about the comparative benefit of goods of same kind manufactured by different manufacturers.
4. Credit facilities Retailers sell goods on credit to their permanent customers. Especially
the fixed income- earners find it convenient to purchase their requirements and credit throughout the month and settle their accounts on the salary day.
5. Miscellaneous Services
Retailers provide free-home delivery service to the customers.
They provide after sale service to customers.
They allow cash discounts on their sales.