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Questions
Differentiate between retail trading and wholesale trading.
Differentiate between retail and wholesale trading with examples.
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Solution
| 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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