Wholesale - selling to other businesses Retail - selling to consumers Consumers - general public
The similarities between consumer buying and organizational customer buying is that both have the need to purchase. The difference lie in the quantity of purchases. Consumer buying entails retail, while organizational customer buying entails wholesale.
There is a large difference between wholesale and retail prices for any product. Wholesale price are much lower so the retailer is able to markup the price and make a profit off the sale of the item.
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It varies from country to country, and store to store - but the usual mark-up of most goods from wholesale to retail is 30%.
Consumer Goods are goods being sold by manufacturer through his own sales outlets/online or through a retail store. Samsung, Sony, LG, Nokia, Lakme, Colgate, HUL, P&G etc are in the consumer goods industry. FMCG is Fast Moving Consumer Goods. Retail goods are goods being sold by a retailer that are mostly not manufactured by him. Big Bazaar, Croma, Reliance Digital, etc are in the retail industry. Amul can be considered in both retail as well as the consumer goods industry.
Retail are sales direct to the consumer and wholesale is when you sell to a distributor who then resells.
duties of relationship manger
wholesale sells to businesses, retail sells to public.
Wholesale banking is the business transactions that go on between banks. Retail banking has to do with direct customers of the bank.
Wholesale is a couple cents cheaper
Basically, retail travel is traveling by singles while wholesale travel is traveling by bulk or by many.
The difference between retail and wholesale banking is much like the difference between retail and wholesale food procurement. The methods are very similar however, it is necessary to be well educated in the industry to insure getting the best product at the best price. Retail is for consumers, wholesale is for the industry.
The similarities between consumer buying and organizational customer buying is that both have the need to purchase. The difference lie in the quantity of purchases. Consumer buying entails retail, while organizational customer buying entails wholesale.
To get wholesale pricing, one must be a retail seller and thus most consumers can not get these prices unless they can make a deal through a retailer.
The antonym for wholesale is retail.
A wholesale license enables businesses to purchase from manufacturers. A retail license enable business owners to sell goods and services to consumers.
A wholesale mortgage is done through a broker who then originates it with the bank that funds the loan. A retail mortgage is originated directly with the bank that will fund the transaction.