Types of Wholesalers: Simple Classification

Wholesalers play a crucial role in the marketing supply chain which adds value to the product. Wholesalers can be divided into different types or categories based on their roles. Below said are the Types of Wholesalers. The basis for the classification: Wholesalers play a very important role in the supply Read more…

Marketing Mix Definition with Meaning

We have provided a simple definition of marketing mix with their meaning & examples. The marketing mix is the combination of the four marketing mix elements such as product, price, place, and promotion. In case of service, we can mention 3 extended p’s – Physical Evidence, Process, and People. Along Read more…

What is Trade Blocs? Definition, Concept

Let’s understand what is Trade Blocs and its implications on business. Trade blocs are also known as Trade blocks or Economic Integration scheme or Regional Integration Agreement or Regional Integration Arrangement (RIA) or Regional Trade Agreement (RTA). Origin of Trade Blocs The origin of Trade Blocs is in an economic Read more…