Internal trade means buying and selling of goods and services within the geographical boundaries of a country. Important Trades Meaning of Internal Trade: Buying and selling of goods and services within the boundaries of a nation are referred as internal trade. Internal trade can be classified into two (i) Wholesale trade (ii) Retail Trade. WholeSale Trade: Whole sale trade refers to buying and selling of goods and services in large quantities for the purpose of resale or intermediate use. The traders who deal in wholesale trade are known as wholesale traders. Services of Wholesaler Services of Wholesaler Services to Manufacture Service to Retailers 1. Facilitating large scale production 1. Availability of goods 2. Bearing risk 2. Marketing Support 3. Financial Assistance 3. Credit facilities 4. Expert advice 4. More Knowledge product 5. Help in marketing function 5. Sharing of risk. 6. Facilitate production continuity 7. storage RETAIL TRADE Retail Trade refers to buying of goods and services in relatively small quantities from wholesalers and selling them to the ultimate consumers. The traders who deal in retail trade are known as retailers. Services of Retailer Services to Manufacturers/ Wholesaler Service to Consumers 1. Helps in distribution of goods 1. Regular Availability of Products. Personal selling 2. New Product Information 3. Helping carrying scale production 3. Convenience in buying 4. Collecting market information 4. After sale services 5. Help in promotion 5. Giving credit facilities
Internal trade means buying and selling of goods and services within the geographical boundaries of a country. Important Trades Meaning of Internal Trade: Buying and selling of goods and services within the boundaries of a nation are referred as internal trade. Internal trade can be classified into two (i) Wholesale trade (ii) Retail Trade. WholeSale Trade: Whole sale trade refers to buying and selling of goods and services in large quantities for the purpose of resale or intermediate use. The traders who deal in wholesale trade are known as wholesale traders. Services of Wholesaler Services of Wholesaler Services to Manufacture Service to Retailers 1. Facilitating large scale production 1. Availability of goods 2. Bearing risk 2. Marketing Support 3. Financial Assistance 3. Credit facilities 4. Expert advice 4. More Knowledge product 5. Help in marketing function 5. Sharing of risk. 6. Facilitate production continuity 7. storage RETAIL TRADE Retail Trade refers to buying of goods and services in relatively small quantities from wholesalers and selling them to the ultimate consumers. The traders who deal in retail trade are known as retailers. Services of Retailer Services to Manufacturers/ Wholesaler Service to Consumers 1. Helps in distribution of goods 1. Regular Availability of Products. Personal selling 2. New Product Information 3. Helping carrying scale production 3. Convenience in buying 4. Collecting market information 4. After sale services 5. Help in promotion 5. Giving credit facilities
XI%20BSTD.docx