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Why does it appear that a retail market is more costly than a wholesale market?2022-03-17T10:06:41+00:00
Home › Forums › Level One – Curriculum › Why does it appear that a retail market is more costly than a wholesale market?
JensenA retail market needs daily maintenance, and as a consequence, the domestic staff is obligated to keep the market/shop clean, neat, and up to date on a regular basis, incurring yet another large cost. A retail business also requires extra workers, such as a cashier, assistance, and support staff, among other things. The wages of these workers are an extra expense that a store must bear. A full market that provides deal distributors agreements to retailers does not need to have a daily maintenance routine for their stores or worry about the shop’s atmosphere, which reduces most of their costs and may add up to a significant savings.