logo image

Marketing Management

Wholesalers are very different from the retailers as they pay less for promotion, location; they have bigger transactions and usually cover larger trade area. Also, the legal restrictions and taxes employed by the government are very much different from the retailers. The reasons for growth of wholesalers in the recent years are that they can provide production in advance of orders rather than in response to specific orders; transactions are direct and no middlemen concept and most importantly the prices are low. Wholesalers are used when they are more efficient in performing the following functions.

Selling: – Their work force helps them reach many small business customers at a relatively low cost. The have more contracts and hence larger sales volumes. Bulk breaking: – Wholesalers achieve savings for their customers through buying in large volumes and breaking the bulk into smaller units. Warehousing: – They hold inventories, thereby reducing inventory costs and risks to suppliers and customers. Transportation: – They can provide quicker and cheaper delivery to buyers. Financing: – They finance customers by granting credit, and finance suppliers by ordering early and paying bills on time.

Risk bearing: – The bear the risk of damage, theft or spoilage instead of passing

Need essay sample on "Marketing Management"? We will write a custom essay sample specifically for you for only $13.90/page

it on to the small retailers. Market information: – They supply information to suppliers and customers regarding competitors’ activities, new products, prices, developments, sales promotions etc. Management services and counseling: – They often help small retailers improve their operations by training sales clerks, store layouts, providing advertising material, discounts etc.

References

Philip Kotler, Kevin Keller. Marketing Management 12e. Managing retailing, wholesaling and logistics, New Jersey: 2006

Read full document

Can’t wait to take that assignment burden offyour shoulders?

Let us know what it is and we will show you how it can be done!
×
Sorry, but copying text is forbidden on this website. If you need this or any other sample, please register
Signup & Access Essays

Already on Businessays? Login here

No, thanks. I prefer suffering on my own
Sorry, but copying text is forbidden on this website. If you need this or any other sample register now and get a free access to all papers, carefully proofread and edited by our experts.
Sign in / Sign up
No, thanks. I prefer suffering on my own
Not quite the topic you need?
We would be happy to write it
Join and witness the magic
Service Open At All Times
|
Complete Buyer Protection
|
Plagiarism-Free Writing

Emily from Businessays

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/chNgQy