The 8 Most Common Types of Retailers | From an Economics Professor
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A retailer is a business or individual that sells products or services directly to consumers, usually for personal use or consumption. Retailers act as intermediaries between manufacturers or wholesalers and the final consumers, making products accessible and convenient to the public. In this video, we'll explore the 8 most common types of retailers that are part of our everyday lives. For each type, we'll look at their distinctive characteristics, provide real-world examples, and discuss their unique strategies.
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