what are the marketing classifications
Local Market. The market limited to a certain place of a country is called local market. This type of market locates in certain place of city or any area and supplies needs and wants of the local people. Perishable consumer products such as milk, vegetables, fruits, etc are sold and bought in local markets.n the basis of volume of business, type and size, market can be classified in wholesale market and retail market. i. Wholesale Market. If a large quantity of products are purchased from producers and sold to different retailers, this is called wholesale market.