market around us

Market around us

by shriya

Whats market

• A market is a place where two parties can gather to facilitate the exchange of goods and services. The parties involved are usually buyers and sellers.

• In marketing, the term market refers to the group of consumers or organizations that is interested in the product, has the resources to purchase the product, and is permitted by law and other regulations to acquire the product

Difference between wholesalers and retailers

• Wholesaler is a person or firm that buys large quantity of goods from various producers or vendors, warehouses them, and resells to retailers. Wholesalers who carry only non- competing goods or lines are called distributors”

• A retailer is a person or business that you purchase goods from. Retailers typically don't manufacture their own items. They purchase goods from a manufacturer or a wholesaler and sell these goods to consumers in small quantities.

Multiple Choice

whats market

• is a place where two parties can gather to facilitate the exchange of goods and services

• a person or company that sells goods in large quantities at low prices, typically to retailers

Multiple Choice

A retailer

• is a person or business that you purchase goods from wholesalers

• through various distribution channels with the goal of earning a profit.

THANK YOU