Question

Difference between retailer and retailing

Answer 1

Answer:

A retailer is a person or business that you purchase goods from. Retailers typically don’t manufacture their own items. They purchase goods from a manufacturer or a wholesaler and sell these goods to consumers in small quantities.

 Retailing is the distribution process of a retailer obtaining goods or services and selling them to customers for use. This process is explained through the supply chain.

Explanation:

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Answer 2

A retailer is basically a trader who buys various final goods and services from the wholesaler and sells them to the final consumers at a relatively low quantity.

A retail pertains to the actual process of selling of different goods and services by any retail business to the final consumers.

Explanation:

A retailer is an individual trader or a business company which sells various types of goods and services to the final consumers at a relatively low or small quantity.Retailers typically do not manufacture or produce any good or service but purchase them from other traders and wholesalers and sell them in the final market to gain considerable profit.So they are basically traders of different products and services.

Retail or retailing is the practice of conducting retail activities.Retailing involves selling variety of products and services by any retail business to the final consumers which usually involves a systematic supply chain process.Therefore,retailing of goods and services has to go through various supply chain agents such as manufacturer,distributors,wholesalers,retailers until it reaches the final consumer for the subsequent use or consumption.This whole process of trading of goods and services is included in the mechanism of retailing.