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i) Transport
They transport goods from the producers to their warehouses.
ii) Storage
They buy and store goods in their warehouses before they sell to retailers and hence relieve the producer from storage.
iii) Risk bearing
By buying goods in large quantities, they reduce risks that producers are likely to suffer such as fall in demand/damage/expiry of goods.
iv) Giving advice/information
They offer useful advice/information to producers which enable them to produce goods that meet consumer expectations.
v) Product outlet
They enable producers to continue producing by serving as an outlet for goods/linking to retailers.
vi) Product promotion
They promote products through advertising/displays/trade fairs etc on their behalf
vii) Financing trade
They provide finance to producers by paying for goods in advance/in cash at the point of purchase.
viii) Prepare goods for sale/They break bulk pack/brand/blend on behalf of producers.
ix) Market research/on behalf of producers
Kavungya answered the question on October 4, 2019 at 07:27
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