LOCAL OR URBAN MARKETS?
Hae Beautiful Hive Community 🤗
Somewhere under the hot sun here at Kara market situated at Iyana Share in Ifelodun Local Government of Kwara State, I witnessed their regular market day which holds every five (5) days. This means that, the next market day for these people will be in five days.
I have passed by severally this route however today, we had a stop-over and I had the opportunity to witness their market day. People are of the general opinion that patronage of goods during market days are cheaper than when an individual walks in to a store for same goods on days not specific to a market day. I may agree to an extent although it may not be convenient to wait till market days before purchasing desired goods. On a second thought, goods especially food materials in large quantities can be purchased on these dedicated market days.
These local market days are quite interesting. Most goods displayed for sale are produce right from the farms, villages and store houses. You agree with me these should be way cheaper than those already in the urban settlements where some extra costs would have added up? These local markets may not have the luxury means of transporting these farm produce as seen in the pictures below where goats are put on motorbikes alongside the sellers, trunks of cars etc.
some vehicles are also overloaded with goods all in the name of cutting costs.
One practice I realized however is that, some people are present at these markets to buy goods cheaply and resell at same market at a much higher cost.
Some people do even gather to fake a bargain on behalf of both parties just so they could get some tips afterwards. In situations like this, you will agree with me there have been some avoidable inflations which may bring us back to the question of how cheap goods are at the local markets.
Goods mostly traded at these local markets range from food items (perishable and non-perishables), animals such as goats, cows, chickens etc, and clothes but not limited to these. We purchased some items though and, charcoal for example was gotten one thousand naira (approximately $1.25) less than its supposed cost at the urban area.
Bought two goats for local breed which is assumed to be cheaper compared to buying them in the city.
One thing is certain, whenever you are traveling and you happen to come across market days as I did, be sure to have some extra monies to buy goods at a lesser price.
Hope you enjoyed my little experience of local market trade 🤗? Ill appreciate your likes and comments
It's been ages since I've been to a similar market, I don't even remember if it was something like this one. However, it's a good thing as it helps farmers and locals to sell their products locally.
Very true, and saves them cost of transportation to the urban area. And there's occasional exploitation by commercial buyers when they come to the villages to buy from them.
Exploitation happened in my country too in the past, but now you need a certificate to be able to sell at the market. That certificate is given only to those who have agricultural land and can prove they are growing those vegetables or fruits.
Wow
That's encouraging, I hope we can get it right in Nigeria someday
It would be great, so good luck!
Hmm. This is interesting I bought a bag of charcoal for 2500 just yesterday in Ilorin.
Goods are really cheap compared to the urban markets no matter the cost it is in those villages.
Maybe it will be a good business to buy from there and come resell in the cities.
Thanks for sharing..
Intermediate trading can be helpful at times but only if we do not exploit the local farmers.
Somewhere farther beyond Igbaja, bought a bag of charcoal for N1500. It's an advantage when traveling to have spare Cash however going there for the purpose of buying unless in commercial quantities may not be so advisable. Bought three bags of charcoal though 😁
Well done....
Traditional rural markets one can purchase a lot cheaper if one knows the pricing, these markets help farmers trade without overheads towns folk have.
My only objection is movement of animals in cramped conditions, vehicles not designed to take them, in Africa almost anything goes when getting to market.
True, it's good and way cheaper when we buy directly from the farmers. And we have a whole lot of restructuring to abide by in Africa
Things are changing, farmers herding over long distances extremely difficult, one does realize difficulties faced in nations where entrepreneurs try to survive the hardship.
Also learn very quickly the large corporations normally don't pay a fair price, then sell for extremely high profits.
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