Merits Of Mail Order Business
The main advantages or benefits of mail order business can be expressed as follows:
1. Less Capital Requirement
It requires less startup costs to operate mail order business. It can be establish and operated with less amount of capital. Therefore, less capital requirement is one of the main advantage of mail order business.
2. Benefits Of Large Scale Buying
Mail order business can enjoy the benefit of large scale purchasing. Products are purchased in large scale directly from producers. So, price of the products are lower because of bulk buying.
4. Wider Market
3. No Middlemen
Mail order business completely eliminates business intermediaries and middlemen as products are sold through mail.
4. Wider Market
Mail order business has wider market than other forms of retailing institutions. It can be operated nationally and internationally because there is no limit to the market range.
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5. No Bad Debts
Products are sold on cash basis only. So, there is no risk of bad debts in mail order business.
6. Home Delivery Service
Mail order business provides home delivery service to the customers. Customers do not need to visit different shops to select products. It saves their valuable time. So, mail order business creates convenience in shopping.
