Should You Sell Retail or Wholesale?
Do you know what type of business you will be venturing in? Will it be b2c (business to consumer) or b2b (business to business). All retail businesses fall into the first category which is b2c while most wholesale businesses fall into the second category which is b2b. There are some exceptions to this of course. Quite a big number of sellers are selling wholesale to the public provided that the customers follow the sellers terms such as ordering the minimum amount or ordering in bigger quantities. So how do you know which business is more suited for you? The following…