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Question

Distinguish between the following.

Itinerant Retailers and Fixed shop retailers.

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Solution

Basis of Difference Itinerant Retailers Fixed Shop Retailers
1. Place of operation Does not have a fixed place of operation and moves from place to place to sell the product Has permanent or fixed shop establishments
2. Amount of resources used Limited Relatively large
3. Type of dealings Non-durable goods such as toiletry products, ice creams and snacks Both consumer durables, such as cars and furniture, as well as non-durable goods
4. Variety of products They do not offer a wide variety of products to the customers They offer a wide variety of products to the customers
5. Credit facility Credit facility is not offered Credit facility is offered to regular customers

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