What is the difference between wholesale and retail?

Between In Commerce In the supply chain industry, wholesale and retail are two major components of the distribution process. When a company manufactures any products it is first sold in bulk quantity to the wholesaler, who then sells it to the retailer and further the retailer sells it to the ultimate customers.

What is the difference between a merchant and agent wholesaler?

The main difference between them is ownership of the products they sell. While merchant wholesalers take the title for the goods they sell, agent wholesalers only earn commission fees for their sales. You can encounter both merchant and agent wholesalers in various industries, including clothing, electronics, furniture, hardware, and so on.

What is the difference between a wholesaler and an agent?

Unlike agents, wholesalers take title to the goods and services that they are intermediaries for. They are independently owned, and they own the products that they sell. Wholesalers do not work with small numbers of product: they buy in bulk, and store the products in their own warehouses and storage places until it is time to resell them.