Concept in Definition ABC
Miscellanea / / July 04, 2021
By Cecilia Bembibre, on Feb. 2010
A merchant is understood to be a person who is officially dedicated to the activity of Commerce. This assumes that he buys and sells different types of goods or services in order to obtain a gain for acting as an intermediary between whoever produces the Article or service and who uses it. The role of merchant is one of the most important roles in human society since throughout history it has been the one who has allowed connect raw materials with users, often offering them the possibility of knowing products from other environments or regions.
The main characteristic of the merchant is to buy products or services at a certain price (which can be stipulated in various ways, mainly in money in the present) to later sell it at a higher price and thus make a profit. In this sense, the job of the merchant is not only to buy and sell, but also to bring to their customers products that otherwise would not be available in the area or that are difficult to access. The basic rule of the merchant is that when buying in bulk (that is, in large quantities) the price of the product falls, while When it is sold at retail (in small quantities, normally no more than 5 items per product) the price rises and the price is obtained there. gain.
In many respects, the merchant can also work the received product to deliver it for sale with an interest plus, for example when a merchant buys flowers Wholesales and retails them in the form of bouquets and with decorations included.
The figure of the merchant has existed since time immemorial in human societies and was always seen as the person who brought not only products but also cultures that otherwise would never have been known. Ancient societies often counted on the contribution of merchants to learn about other communities and to know their style of life. With the emergence of the capitalist system in the fourteenth and fifteenth centuries, the role of the merchant began to grow up and it is today on this type of activities that is organized to a large extent all the economic system world.
Topics in Merchant