How is retail trade different from wholesale trade?
Answers
Answer:
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.
Answer:
wholesale traders buy the goods in bulk(in quintals) wheras retail traders buy it in small quantities from the wholesale traders...it is the retail traders who give it to the consumer.... (in simple words)
Explanation:
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.(little complicated)
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