SMALL SCALE RETAILING – Market Traders

Commerce SSS1 First Term

WEEK 8

SMALL SCALE RETAILING – Market Traders

Performance Objectives

The student should be able to:

  1. Highlight the characteristics, functions, advantages and disadvantages of Market Trader, Unit/Tied Shop etc.
  2. State the Reasons for Survival of Small Scale Retailers.
  3. Mention various problems of Small Scale Retail business.

Content

Market Trading

Market trading is another method of retail trade Africa. There are market where buyers and sellers are brought together to transfer ownership of goods the market traders opens at a specific time of the day. They construct sheds and stalls in a particular location to transact business. Examples are Mushin, Owode, Sabo Ikorodu, Iyana Ipaja etc.

Features of Market Trading

1. They always have stalls in market places where they stock their goods.

2. They normally open at specific hours of the.... View More

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