Question
Difference between Wholesale Trade and Retail Trade

Answer

Points Wholesale Trade Retail Trade
$1.$ Meaning The trader who purchase goods in bulk from manufactures and sells to the retailer is called wholesalers. The trader who purchases goods from wholesalers and sell it is the customer according to their requirement is called retailer.
$2.$ price As wholesale purchase in bulk price is low. The price of retailer is high because he purchased from wholesaler and adds profit to it and thereafter sells to the customers.
$3.$ Number of products Wholesalers are in the business of limited products. Retailer is in business of many products.
$4.$ Parties In wholesale business manufacturer, wholesaler and retailer are connected. In retailer business wholesaler. Retailer and customer are connected.
$5.$ Quantity of Goods Wholesaler purchase in bulk and sells to retailers in small quantity. Retailer buys in small quantity and sells to the customer as per their requirements.
$6.$Number of traders Number of wholesale traders is less. Number of retailer are more.
$7.$ Capital Investment In wholesale trade, capital investment is very high. In retailer business capital investment is low.
$8.$ Link Wholesaler is a link between manufacturer and retailer. Retailer trader is a link between the wholesaler and customers.

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