Definitions
- Describing a business that sells products directly to consumers. - Referring to a store or online platform that offers a variety of products from different brands. - Talking about a company that purchases products in bulk from manufacturers and then sells them to individual customers.
- Referring to an individual or business that sells products or services. - Describing someone who is offering something for sale. - Talking about a person or company that transfers ownership of goods or services in exchange for payment.
List of Similarities
- 1Both involve selling products or services.
- 2Both are used to describe businesses or individuals who engage in commerce.
- 3Both require a transfer of ownership in exchange for payment.
- 4Both can be used to refer to physical or digital products.
- 5Both are important in the economy and contribute to the market.
What is the difference?
- 1Scope: Retailer refers to a business that sells products directly to consumers, while seller can refer to both individuals and businesses.
- 2Function: Retailer typically offers a variety of products from different brands, while seller may specialize in a particular product or service.
- 3Location: Retailer usually operates from a physical store or online platform, while seller can sell products from anywhere.
- 4Size: Retailer is often a larger business with multiple employees, while seller can be an individual working independently.
- 5Legal status: Retailer is a legally recognized business entity, while seller can be an individual or unregistered business.
Remember this!
Retailer and seller are both terms used to describe individuals or businesses that sell products or services. However, retailer is more specific and refers to a business that sells products directly to consumers, often offering a variety of products from different brands. On the other hand, seller is a broader term that can refer to both individuals and businesses, and may specialize in a particular product or service.
