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Distinguish between wholesale market and retail market.
no explainations please.​


Sagot :

Explanation:

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.

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.

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