What is the definition of retail?
Q: What is the definition of retail?
A: Retail is the sale of goods to the public in relatively small quantities for use or consumption rather than for resale.
Q: What is the difference between retail and wholesale?
A: Retail is selling goods or items directly to the people who will use or consume them, while wholesale is selling to a retailer.
Q: Where do retailers buy finished goods or items from?
A: Retailers buy finished goods or items directly from a manufacturer or a wholesaler.
Q: How do consumers purchase retail items without going to a physical shop or store?
A: Consumers can purchase retail items by ordering them by mail, telephone, Internet or other methods, to be delivered by post or package delivery service such as United Parcel Service.
Q: What are some examples of stores where retailing can be done?
A: Retailing can be done at department stores, malls, and markets where stalls or stands are set up at a cleared area.
Q: What is door-to-door selling?
A: Door-to-door selling is when a sales person goes to a possible customer's home and tries to sell an item.
Q: Who would typically buy from a retailer?
A: Final consumers who have a need for such items would typically buy from a retailer.
