User:Anirudh saraf1998/sandbox

Advantages of Street Markets

The street markets of Ahmedabad namely Ravivari market, Lal darwaza market and Law Garden market, have various stake holders like sellers or shop owners, customers, producers, etc. It provides different advantages to different stake holders based on their interests associated with these markets

To sellers, it is means of earning their livelihood. These markets provide employment to more than 4000 families in Ahmedabad. Many families are doing it as ancestral job from generations and feel proud in doing it. They work in a perfectly competitive market, so prices of all products remain same, keeping them away from rigorous bargaining. Being a participant of street side market, they do not even need high investment in fixed assets and thus manages their work with less expanses. Their place where they everyday open their shop remains same providing them security of work.

To customers, these markets are blessing as it provides various consumer goods like cloths, utensils, food items, etc at cheap rates. They can get latest accessories at easiest available. These are even time saving to the customers as quickly they can shop from there. They get a variety of products at a single place.

To producers, these markets are place for making profits. Sellers purchase goods and articles to be resold, from them, making them capable to increase their production and sales. It provides them a good opportunity to clear their dead stock. It also supports medium and small producers to continue their business. small and medium producers constitute the major share in supplying stock to sellers of the market.

And for the economy as a whole, these markets has helped in creating employment opportunities leading to strengthening the economy. It also provides a good platform for interaction of middle class buyers and sellers. These markets support middle class people of the nation thus raising their living standard