Articleabout 1 year ago

Wholesale vs Retail: Choosing the Right Distribution Model for Your Product

Wholesale vs Retail: Choosing the Right Distribution Model for Your Product
Summary
  • Wholesale involves selling products in large quantities to other businesses, while retail involves selling directly to individual consumers.
  • Wholesalers offer discounted prices to retailers who purchase goods in bulk, allowing retailers to mark up the price and earn a profit.
  • Retailers are responsible for managing their own inventory, attracting and retaining customers, and setting the final price for products.

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