Question

there are external vendors that stock and maintain magazine departments of the kmart retail establishment. they don't posess the product. therefore they can be classified as which type of wholesaler?

Answer 1

A wholesaler that offers a smaller selection of services than some other wholesalers, but tries to make up for it by charging less.

Explain about the Limited service wholesalers?

Wholesalers do not sell directly to the general public instead, they purchase goods from manufacturers and other wholesalers and then resell them to other wholesalers and retailers. When full service wholesalers may not work with small business owners, limited function wholesalers often provide them specific services.

There are two basic types of merchant wholesalers: service (also referred to as full-service wholesalers) and limited-function or limited-service wholesalers. The latter group, which is further subdivided into smaller niches, provides varying levels of service in areas like product delivery, credit, and marketing.

Cash and carry wholesalers are an example of a limited service wholesaler who neither sells items on credit to clients nor provides transport facilities. Limited service wholesalers can also be categorized as truck wholesalers, rack jobbers, drop shippers, mail-order wholesalers, etc.

To learn more about Limited service wholesalers refer to:

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