Distinguished between
Wholesalers and retailers profit
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Wholesale means the sale of goods in voluminous quantity, at a low price. The business of selling goods to end consumers in small lots at a profit is known as Retail. Wholesale creates a link between the manufacturer and retailer whereas Retail creates a link between wholesaler and customer.
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1. Wholesaler means the person who sale the goods in bulk quantity, at a low price and The person who sell goods to end consumers in small lots at a profit is known as Retail.
2. Wholesaler creates a link between the manufacturer and retailer whereas Retailer creates a link between wholesaler and customer.
3. wholesaler buy goods from manufacturer in bulk quantity and retailer buy goods from wholesaler in less quantity
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