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Retail and Wholesaling
Retail and Wholesaling
Definitions
Retailing
refers to the business activity of selling
goods or services to the final consumer.
Retailer
is one whose business firms sells mainly to the final consumers.
Types of Retailers
1. By product mix
offered
Supermarkets
2. By form of Nonstore Retailers
ownership
3. By method of
operation
What is Wholesaling?
Wholesaling
-refers to all activities involved in selling goods and services to those
who intend to resell or use the same for producing goods or services.
Types of Wholesalers
A. Merchant Wholesalers
1. Full Function Merchant wholesalers can be
classified into the ff:
Wholesalers
2. Limited function the general line
wholesalers the specialty line
3. Industrial
wholesalers
Types of Wholesalers