Home Trade contd V

Commerce SSS1 Second Term

WEEK  5

Home Trade contd V

Performance Objectives

The student should be able to:

    1. Examine the role of the wholesaler in the chains of distribution.

    2. State functions of the wholesaler.

    3. Describe the necessary documents used in the home trade.

Content

Meaning of Wholesaler and Wholesale Trade

A wholesaler is a trader who buys goods in bulk or in large quantities from the producer/manufacturer and sells in small quantities to the retailer.

Wholesale trade, therefore, is a type of trade in which goods are bought in bulk or in large quantities from the producer or manufacturer with the aim of selling them in small quantities to a retailer (one who sells…