what is roadside trader

what is roadside trader?

roadside trader are traders who display their goods along the road street or outside the gate of schools, companies, office. These kind of traders sell variety of goods,such as; book,cloth,food,snacks and lot more.

features of roadside trader.

1. operations is from a point - it is usually operate from one point,it doesn't move about.

2. display ware in stall - they display their good in appropriately in form of  stall.

3. operate low prices - the price of goods are very low.

4. stock variety of goods - different type of goods are stock in the shop.

5. found in busy road - it is normally found in a busy area both in urban and rural area.

advantage of roadside traders.

1. low price of goods - consumer can easily buy good since the price is low.

2. accessibility to travellers - goods are easily accessible to travellers.

3. it require small amount of capital - it requires small amount of capital to set up.

4. it stock variety of goods -it stock different types of goods for easily accessibility by consumer.

disadvantage of roadside traders.

1. goods are in limited quantity - most of the goods stocked are limited because the operation is in small scale.

2. goods may be wasted - most good stock may not be easily sold, some may expire or waste due to low patronage.

3. high cost of rentage - the cost of rentage may be high, as the result of this the the profit of the trader may reduced.

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