Social Sciences, asked by shardulkailash, 11 months ago

definition of the retail Market and whole sale market​

Answers

Answered by educationmaster37
1

Answer:

Retail literally means "The sale of goods or commodities in small quantities directly to consumers."

"Sales" on the other hand, can refer to the sale of just about anything to anyone. IN general, it relates to the sale of items or services to businesses.

That is, the sale of an ipod to a customer in a Apple store = retail

The sale of a copier to a a business would probably be considered Sales.

Also, retail jobs are generally low paying jobs for teens and the uneducated.

Sales jobs can be extremely high paying, and may require specialized experience and a related degree (i.e., my buddy sells servers for IBM, and they require 5 years fo sales experience and a BS in computer science for the job, but he also makes $150k+ per year)

Please mark me as the brainlist answer please

Answered by BihariSwag
0

The word wholesale simply means selling in bulk quantities and retail stands for selling merchandise in small quantities

. On the other hand, a retailer targets final consumer and sells goods to them. In this way, these two business forms are one of the important intermediaries of the marketing channel.

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