Wholesale and Retail Trade. Difference and Explanation
Wholesale and retail trade are the two primary stages of the distribution channel between producers and consumers.
| Feature | Wholesale Trade | Retail Trade |
|---|---|---|
| Quantity | Large (bulk) | Small (individual units) |
| Customer | Retailers / businesses | Final consumers |
| Price per unit | Lower | Higher |
| Location | Industrial/commercial areas | Near residential areas or online |
| Capital required | High | Relatively lower |
| After-sales service | Minimal | Often provided |
| Credit period | Longer | Usually shorter or cash |
| Examples | Grain merchant, FMCG distributor | Kirana store, Amazon, Big Bazaar |
Supply chain: Producer/Manufacturer → Wholesaler → Retailer → Consumer