Asian Types of Wholesale Markets: Merchant wholesalers, Agents and Brokers. Asian merchant wholesalers are the largest single group of wholesalers, accounting for roughly 50 percent of all wholesaling. Merchant wholesalers include two broad types: full-service wholesalers and limited-service wholesalers. Asian Brokers and agents differ from merchant wholesalers in two ways: They do not take title to goods and they perform few function like merchant wholesalers, Like merchant wholesalers, they generally specialize by product line or customer type. A broker brings buyers and sellers together and assists in negotiation. Agents represent buyers or sellers on a more permanent basis.

Types of Wholesale Markets in Asia

Types-of-Wholesale-Markets-in-AsiaSecondary wholesale markets are generally found only in developing countries these days. – Wholesale Markets in Asia – They are located in district or regional cities and take the bulk of their produce from rural assembly markets located in production areas, where the transactions are small scale and usually take place between farmers and traders.
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Types of Wholesale Markets in Asia

Wholesale-Markets-in-AsiaThe distinction between rural assembly markets and secondary wholesale markets is that secondary wholesale markets are in permanent operation (rather than being seasonal in nature or dealing in specialized produce), larger volumes of produce are traded than at the rural assembly markets and specialized functions may be present, such as commission agents and brokers
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