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Differentiate between retail trading and wholesale trading. - Geography

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प्रश्न

Differentiate between retail trading and wholesale trading.

Differentiate between retail and wholesale trading with examples.

अंतर स्पष्ट करें
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उत्तर

Sr. No. Retail Trading Wholesale Trading
1. It refers to the sale of goods directly to consumers in small quantities. It involves selling goods in bulk to retailers or other businesses.
2. Goods are sold according to the needs of individual customers. Products are sold in large quantities at comparatively lower prices.
3. Examples include local shops, grocery stores, supermarkets, and online platforms like Amazon and Flipkart. Examples include wholesale markets, distributors, and cash-and-carry stores.
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Types of Tertiary Activities
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2021-2022 (March) Term 2 Sample

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