That seems like a simple question—it’s called Costco Wholesale Corporation, afterall. But that name is a little bit deceiving.
First, to define the central terms: A retailer is a store that sells to consumers, while a wholesaler sells to other stores. With those definitions in mind, Costco is technically both, as it sells to both consumers and other businesses. However, since consumers are a larger portion of its clientele, it’s probably more accurate to call Costco a retailer.
For what it’s worth, Costco describes itself as “a membership warehouse club” on its website, which is about 0 percent helpful.
A wholesaler is some thing that supplies the retailer with items to sell. The product some times gets bought in bulk from the wholesaler then gets marked up by the retailer.
what is Difference between wholesaler and retailer on the basis risk?
A wholesaler is a product distributor straight from the factory. A retailer usually gets their products from a wholesaler but it costs you a little more money.
Costco and sams club
They're similar - in that they both offer a supply service.. The wholesaler supplies the retailer - and the retailer supplies the customer.
(i) Producer --> Agent --> Wholesaler --> Retailer --> Consumer (ii) Producer --> Wholesaler --> Retailer --> Consumer (iii) Producer --> Agent --> Consumer (iv) Producer --> Wholesaler --> Consumer and (v) Producer --> Retailer --> Consumer
yeah one surely be a wholesaler if he/she is already into retailer services even one is can also go for drop shipping services.
yeah one surely be a wholesaler if he/she is already into retailer services even one is can also go for drop shipping services.
A company can be both a retailer and a wholesaler if they choose to sale to consumers directly and sell to other businesses at a discount. Typically when this happens businesses will not receive a discount that is extremely low because they are competing with the business that supplies the goods.
A store retailer is considered the middle man in a sale; therefore, there are other levels of the sale to be considered. The retailer buys from the wholesaler then sells to the consumer. So, the order of design is theproduct/service, the wholesaler to the retailer to the consumer. The price the consumer pays suppose to cover the costs of the retailer, the wholesaler, and the product/service itself.
explain the company
A wholesaler is the one who fulfills orders from retailers and view them as their customers. A distributor, on the other hand, covers a wider spectrum. It supplies products to both the wholesaler and the retailer and looks for other opportunities in the market.