A seller partners with the retail store to increase shelf space for its product and offer a more prominent display. the seller is likely to use Promotional allowance.
In contrast to wholesale, which is the sale of goods and services to company or institutional clients, retail is the sale of goods and services to consumers.
A retailer makes bulk purchases of products from manufacturers, either directly or via a wholesaler, and then makes a profit by selling them to customers in smaller quantities.
A retail business sells small quantities of goods and services to customers in-person or online.
Retail establishments include clothes, grocery, and medicine stores. In retail, products are sold to customers who intend to utilize them directly from a single point of purchase.
A physical store, an online store, or a catalog might all be considered the single point of purchase.
To learn more about retail refer to:
https://brainly.com/question/24648463
#SPJ4
