Give any three differences between wholesale trade and retail trade
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The word wholesale simply means selling in bulk quantities and retail stands for selling merchandise in small quantities. ... While a wholesaler sells goods to the businesses, as they purchase goods to sell it further. On the other hand, a retailer targets final consumer and sells goods to them.
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whole sale trade is concerned with buying goods from manufacture or dealers or producers in large quantities and selling them in quantum quantities to others whoay be retailers or consumers whereas retail trade is concerned with the sale of goods in small quantities to consumers
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