Retail or wholesaling which is financially rewarding
- Thread starter cherry123
- Start date
It depends on the number of customers available to you and how often they buy. I work in a wholesale shop, and the returns we get from those who buy in bulk and return often is more than that of those who buy in bits but rarely.
It depends on the individual and the type of business. Generally, wholesaling can be more financially rewarding than retail, as there are fewer overhead costs associated with wholesaling compared to retail. Wholesalers typically purchase products in large quantities at discounted prices and resell them to retailers at a markup, allowing them to make a larger profit. However, some retailers may be able to make more profit due to their ability to reach a wider audience, or due to the higher price markups they can charge.
Both is profitable. Some businessmen combine both of them. Wholesale demand more of capital than retail business. It is not easy to determine which is more profitable both it seems to me that wholesale is more profitable.
Wholesaling is generally more financially rewarding because they tend to sell quite faster than retailers.
