1.

Distinguish between the followingItinerant Retailers and Non-Itinerant Retailers (Fixed shop retailers).

Answer»
Itinerant RetailersNon-Itinerant Retailers/ Fixed Shop Retailers
(1) MeaningItinerant retailers are those retailers who do not have a fixed places for their business.Fixed shop retailers are those retailers who have a fixed place for their business.
(2) CapitalIt requires limited capital.It requires higher capital investment.
(3) Stock of GoodsThey keep limited stock of goods.They keep large stock of goods.
(4) Quality of GoodsThey sell low quality goods.They sell quality goods.
(5) Variety of GoodsThey do not offer variety of goods to customers.They offer variety of goods to customers.
(6) PricesPrices of goods is lower due to absence of fixed cost.Prices of goods is higher than itinerant retailers.
(7) Credit FacilityCredit facility is not given to customers.Credit facility is given only to regular customers.
(8) Choice of GoodsCustomers have no scope for choice of goods.Customers have more scope for choice of goods.
(9) Door to Door ServiceThey offer door to door service to their customers.They do not offer door to door services to their customers.
(10) After Sales ServiceThey do not provide after sales service to customers.They provide after sales service to customers.
(11) Types of GoodsIt deals in goods of daily need and more perishable nature.It deals in all types of goods as per the needs of the customers.



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