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DIFFERENCES BETWEEN WHOLESALE AND RETAIL, LARGE QUANTITIES, SMALLER…
DIFFERENCES BETWEEN WHOLESALE AND RETAIL
NUMBER OF ITEMS
TARGET CUSTOMER
PRICING
INVENTORY
CAPITAL
SPECIALISATION
RETAILER
WHOLESALER
LARGE QUANTITIES
SMALLER QUANTITIES
OTHER BUSINESSES
CONSUMERS
VS
LOWER PRICE TO PURCHASE GOODS
HIGHER PRICE TO PURCHASE GOODS
BUYING AND SELLING PRODUCTS IN BULK
BUYING AND SELLING PRODUCTS BASED ON CONSUMER DEMAND
REQUIRING A LARGE AMOUNT OF CAPITAL
REQUIRING COMPARATIVELY LESS CAPITAL
SPECIALISING IN PURCHASE AND SALING OF ONLY ONE COMMODITY
SPECIALISING IN ONLY ONE GOOD AND BUT PROVIDE ALL TYPES OF GOODS
