Which is better wholesale or retail in online business?

[Starmix]

It seems difficualt to do business online wholesale like selling sacks of rice, sugar, boxes of canned goods, and others if your capital is not sufficient. This could be made possible if you have a huge business wherein you can ship sacks of rice, sugar, and canned goods to any corner of your country. There are business operators that deliver the goods mentioned through tracking and vans. For a small-time online business person, you may opt to start with less hassle transactions online and may expand after some years when your business is already stable and has established its name. Conclusion: those big-time businessmen make themselves richer because of their million or billion capital.

 

[Suba]

Of course, both have their respective advantages and disadvantages, which also depend on several conditional factors such as business goals, target market, capital, source of merchandise, etc. Of course, it is not possible to become a wholesaler if the merchandise is from a supplier, at least you have to take the goods directly from the manufacturer or main source so that you can compete on price when selling to retailers. Sales profits per wholesale unit are lower compared to retailers but wholesale sells in high volume or large quantities.

 

[Augusta]

I just like the wholesale line of business you would be able to sell faster and make money as quickly as possible. You would also have unending customers since retailers would be buying from you.

 

[Starmix]

Both could be beneficial depending on the business capital we can afford. Others like retail because not all can afford whole sale things. Others also prefer wholesale because there's less pressure retailing the products through packing.

 

[eLdavis]

I can't really say though, i think it depends on the individual and ehat they are after. Both are actually good but not everyone has the money or capital and even the mental resources to go for wholesales. So in such a case, retail would be a lot better

 

[Starmix]

The decision of the businessman depends on him whether to sell wholesale or retail but I saw a business center selling wholesale and retail. The retail products are displayed beside the wholesale and I noticed that people flocked on the retail side.

 

[Starmix]

It is good to conduct a thorough study of which one is best for the business operator to do wholesale or retail. Target market is also necessary, equipment, shipment, trucking, and evaluate the pros and cons between the two ways of operating an online business either wholesale or retail based on the numerous considerations.

 

[kidi40]

It seems difficualt to do business online wholesale like selling sacks of rice, sugar, boxes of canned goods, and others if your capital is not sufficient. This could be made possible if you have a huge business wherein you can ship sacks of rice, sugar, and canned goods to any corner of your country. There are business operators that deliver the goods mentioned through tracking and vans. For a small-time online business person, you may opt to start with less hassle transactions online and may expand after some years when your business is already stable and has established its name. Conclusion: those big-time businessmen make themselves richer because of their million or billion capital.

For me both is better, if one have the capital to start wholesale, it's good but if one have the capital to start a retail shop, it's not bad, you can still make money.

 

[Suba]

In my opinion, retail business will make a bigger profit per unit compared to wholesale, whereas retail requires a large sales turnover, while wholesale only serves businesses and companies and wholesale also requires large capital and warehouses to store goods.

 

[kidi40]

In my opinion, retail business will make a bigger profit per unit compared to wholesale, whereas retail requires a large sales turnover, while wholesale only serves businesses and companies and wholesale also requires large capital and warehouses to store goods.

That's the point sir, your point is really clear, retail business is easy to operate because it require small capital but in wholesale you must have big cash before making the plan.

 

[Starmix]

For me both is better, if one have the capital to start wholesale, it's good but if one have the capital to start a retail shop, it's not bad, you can still make money.

Some businesses prefer wholesale and others retail. It all depends on the decision and plan of the business owner.But what I usually see, products are displayed in retail.

 

[Xtynehappy]

In a matter of fact, the retail business is most profitable because of the higher profit margin.

 

[Starmix]

Those retailers told me that they profit better than selling a whole sale products. Some customers cannot also afford the wholesale products, they prefer buying in retail because they can afford

 

[Stardom22]

The wholesalers generate larger volume of sales at a very low profit margin compared to the retail kind of business

 

[Starmix]

Retailers ranked higher in positive response that customers prefer them because buying in wholesale is costly compared to retail.

 

[Nomad]

There is no such thing as which one is better between retaill or whole sell, it all depends on how you are doing it.

 

[Xtynehappy]

Wholesale business requires intensive capital to start and manage compared to the retail market.

 

[Kross]

It depends on the market that you intend to serve with your online business. International markets require wholesaler operations.

 

[Xtynehappy]

For me l have never seen any online businesses that operates the wholesale businesses for sure.

 

[Starmix]

It is hard to sell wholesale in an online business considering the shipping fee and other expenses to be incurred by the business owner.