Thursday, April 17, 2014

Student’s Reflection on Trade Fair



Selling a product is a tough job and requires patience: I learnt that when demand is high, the price goes up; when the supply is more, the price goes down. I tried a lot of strategies so that the consumers can buy the products: Buy One Get One Free, Rs. 5 off, etc.

It takes a lot of effort for a shopkeeper to make his product popular: I learnt that advertisement is a very important part of trading because it lets the consumers know which product is available in the market.

A shop should be neat and clean: The retailer should be kind and polite to the consumers for a profitable outcome.

Economics is the act of buying and selling: I also learnt that it is our responsibility to be kind to the shopkeeper also: The goods that we use daily make our lives easier — the distributors help the producers to make the products reach the market. The retailers help the producers and the distributors to sell their products.

Mujtaba – Grade IV J

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