Retailer Definition - What is Retailer?

Retailer definition including break down of areas in the definition. Analyzing the definition of key term often provides more insight about concepts. Retailer can be defined as: Intermediary that buys products from manufacturers or wholesalers and sells them to consumer. Retailers purchase products markup products and then sell them to the end user, the customer. Retailers have a business to business transaction on the purchase side and business to consumer transaction on the sales side. It can look like retailer do not add much value because the retailer is not actually producing the product but retailers do provide value, retailers being able to connect buyers and sellers.
Why Learn Accounting - Financial Accounting / Managerial Accounting
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101 Double Entry Accounting System Explained - Accounting Equation
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101 Cash vs Accrual - Cash Method / Accrual method differenc
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101 Revenue Recognition Principle
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Double Entry Accounting System Explained - Balance Sheet
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101 Income Statement Introduction
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101 Accounting Objectives - Relevance Reliability Comparability
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101 Transaction Rules - Accounting Equation
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101 Transaction Throught Process / Steps - Accounting Equation
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101 Owner Deposits Cash Transaction Accounting Equation
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101 Work Completed for Cash Transaction Accounting Equation
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100.110 Pay Employee with Cash Transaction Accounting Equati
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200 Debits & Credits Normal Balance - Double Entry Accounting Sy
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200 Debits & Credits - One Rule to Rule Them All
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