Itinerant traders have been an integral part of internal trade in India. Analyse the reasons for there survival in spite of competition from large scale retailers.

Solution

Itinerant traders are found in all cities, towns as well as villages. The most common types of itinerant traders are as follows : hawkers and peddlars, street traders, market traders, cheap jacks. Following are the reasons for the survival of itinerant traders in spite of competition from the large scale retailers :

1. They sell almost all articles of everyday use from house to house on their heads or carriers, as may be the case.

2. They purchase goods on days credit and sell practically the whole lot during the day.

3. They do not require much capital as they operate on a very small scale.

4. They sell their products at relatively low prices.

5. They also operate in the vacant front varandahs of fixed shops when the market is closed for the weekly holiday.

6. They provide home delivery to the customers.

Some More Questions From Internal Trade Chapter

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Internal Trade

Itinerant traders have been an integral part of internal trade in India. Analyse the reasons for there survival in spite of competition from large scale retailers.

Some More Questions From Internal Trade Chapter

Explain the features of internal trade.

Give the features of wholesalers.

Give the functions of wholesalers.

Enlist the features of retail trade.

Write a short note on Super Bazaar.

What is “one-price shop” ?

Give the types of Multiple Shops.

Explain manufacturer’s shops.

Explain middlemen shops.

Explain automatic vending machines as a form of large scale retailing.

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