Briefly discuss any four type of 'Itinerant Retailers'.
Briefly discuss any four type of 'Itinerant Retailers'.
The four types of Itinerant Retailers are explained below :
(a) Hawkers and Peddlers : They are the itinerant traders who move from street to street in search of customers. A hawker carries the goods on pushcarts, wheel-carts or on the back of animals and a peddler carries the goods on his own head or back. These retailers usually deal in consumer goods of a low prices, unbranded and local goods.
(b) Cheap Jacks : They do not stay long at one place of business but differ from hawkers and peddlers in the sense that while the latter do not have shops of their own cheap jacks do hire small shops in residential localities or use tents to display their wares. They shift from locality to locality according to the prospects of business. They deal in low priced household goods.
(c) Market Traders : They are small scale sole proprietors who hold stalls at different locations on specific days which may be once in a week. They deal in a variety of cheap goods which are of customers interest and which are of daily use. Farmer mandis are the best example of this type of itinerant retailers where farmers bring fresh products from the fields and sell at different places on fixed days.
(d) Street Traders : They are pavement retailers who display and sell their products on pavements footpath. They are usually seen in crowed cities and handle light goods. They deal in low-priced products of common use. They are very popular. People find it convenient to pick up items on their way back from work.
The four types of Itinerant Retailers are explained below :
(a) Hawkers and Peddlers : They are the itinerant traders who move from street to street in search of customers. A hawker carries the goods on pushcarts, wheel-carts or on the back of animals and a peddler carries the goods on his own head or back. These retailers usually deal in consumer goods of a low prices, unbranded and local goods.
(b) Cheap Jacks : They do not stay long at one place of business but differ from hawkers and peddlers in the sense that while the latter do not have shops of their own cheap jacks do hire small shops in residential localities or use tents to display their wares. They shift from locality to locality according to the prospects of business. They deal in low priced household goods.
(c) Market Traders : They are small scale sole proprietors who hold stalls at different locations on specific days which may be once in a week. They deal in a variety of cheap goods which are of customers interest and which are of daily use. Farmer mandis are the best example of this type of itinerant retailers where farmers bring fresh products from the fields and sell at different places on fixed days.
(d) Street Traders : They are pavement retailers who display and sell their products on pavements footpath. They are usually seen in crowed cities and handle light goods. They deal in low-priced products of common use. They are very popular. People find it convenient to pick up items on their way back from work.
