Wholesale vs Retail: Choosing the Right Distribution Model for Your Product
- 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.
📣 Related news
Loading news...