MANAGEMENT

Detailed explanation-1: -Retail wholesalers: retail wholesalers sell products in bulk to retailers at a slight markup from manufacturers. Buying through a retail wholesaler means you can purchase wholesale items from more than one manufacturer.

Detailed explanation-2: -Wholesale price is the price charged for a product as sold in bulk to large trade or distributor groups as opposed to what is charged to consumers. The wholesale price is the sum of a given product’s cost price plus the manufacturer’s profit margin.

Detailed explanation-3: -Wholesaler: Wholesalers generally buy products in bulk quantities and sell them to retailers. Some wholesalers sell directly to consumers-these are typically known as wholesaler-retailers.

Detailed explanation-4: -The goal of wholesale pricing is to earn profit by selling the goods in bulk at a price higher than the making cost. RETAIL PRICE. The last price that is set by the retailer that appears on the labels for the end consumer is the retail price. It is the final selling price for the consumers.