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Between wholesale and retail market in points |
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Answer» 1. Wholesalers buy from the manufactures and sell goods to the retailers.Retailers buy from the wholesalers and sell goods to the consumers.2. Wholesalers USUALLY sell on credit to the retailers.Retailers usually sell for cash.3. They specialise in a particular product.They DEAL in different KINDS of goods.4. They buy in BULK quantities from the MANUFACTURERS and sell in small quantities to the retailers.They buy in small quantities from the wholesalers and sell in smaller quantities to the ultimate consumers. |
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