Which type of business buys products at wholesale price and sells them in retail?
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Metro AG is one
A wholesaler is a company that buys products in bulk from manufacturers and sells them to retailers. The most common type of wholesaling is between manufacturers and retailers. Purchasing from a wholesaler lowers the cost of doing business due to economies of scale.
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wholesale is selling of goods in bulk to the retailers and businesses at cheap rates. The wholesale buys the products in bulk, breaks it into small parts, repacked , and sells it to the retailers. when buyers buy a product and sell it to the final customers , for there consumption , and not for any resale, this is known as Retail.
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