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- Retail and wholesale differ in three key ways1:
- Target audience: Retailers sell goods directly to the end user or consumer, while wholesalers sell goods to other stores in the retail industry rather than the consumer234.
- Pricing model: Wholesale means the sale of goods in voluminous quantity, at a low price, while retail means selling goods to end consumers in small lots at a profit5.
- Inventory size: Retailers buy in bulk from manufacturers or wholesalers and sell to customers, while wholesalers deal with bulk sales to retailers, who then deal with individual consumers3.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Retail and wholesale both involve selling goods to buyers. However, they differ in three key ways: target audience, pricing model, and inventory size.www.faire.com/blog/selling/wholesale-vs-retail/A key difference between retail and wholesale is who purchases the goods up for sale. In a retail setting, the end user or consumer is purchasing the product directly from the retail store. A wholesaler sells goods to other stores in the retail industry rather than the consumer. Retailers are business-to-consumer (B2C) companies.www.indeed.com/career-advice/career-developme…Retailing is buying in bulk from manufacturers or wholesalers and selling to customers. However, wholesalers deal with bulk sales to retailers, who then deal with individual consumers. While retailers cater to the general public, wholesalers deal exclusively with other businesses.www.ecompath.com/articles/retail-vs-wholesaleIn simple terms, retail means that you, the product manufacturer or producer, sell your product directly to the consumer. Selling wholesale means you typically sell your product in bulk quantities to a “middle man” who in turn sells it to the consumer (i.e. other retailers).quickbooks.intuit.com/global/resources/starting-a-b…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.keydifferences.com/difference-between-wholesale-… - People also ask
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