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8 Most Common Types of Retailers | From A Business Professor

A retailer is a business or individual that sells products or services directly to consumers, typically for personal use or consumption. Retailers act as intermediaries between manufacturers or wholesalers and the end consumers, making products accessible and convenient for the public. In this video, we will explore the 8 Most Common Types of Retailers that are part of our everyday lives. For each type, we will delve into their distinct characteristics, provide real-world examples, and discuss their unique strategies.