Distributor vs Wholesaler If you are a manufacturer making products for people, you need to have a supply chain that takes your products or services to the end consumer. You, as a producer, are not expected to sell your products directly to consumers as it is a waste of time and effort. In a supply […]
Difference Between Refurbished and New
Refurbished vs New Refurbished products are returned to the manufacturer or the vendor for one or the other reason and reconditioned to be sold again though not as brand new. Refurbished is a term that people find confusing when they are buying a gadget or electronics item online. There are the usual products being […]
Difference Between Sale and Clearance
Sale vs Clearance Sale, clearance, and clearance sale are some of the terms that are very endearing to most of us as they give us an opportunity to get the item we had been looking for quite some time at prices that are very much lower than their retail prices. Whenever we see discount […]
Difference Between Refurbished and Used
Refurbished vs Used We all are aware of the word used and the concept behind used items as many of us have in the past bought items that have been used by their previous owners like second hand cars and other gadgets or home products. These days there is another term that is increasingly […]
Difference Between Inside and Outside Sales
Inside vs Outside Sales Salespersons are salespersons whether they sell at shops, close deals over the telephone, or pay a visit to client’s place to sell a product or service; this differentiation of inside sales and outside sales does not matter much to consumers. However, there are many differences for those in the sales […]
Difference Between Traditional Trade and Modern Trade
Traditional Trade vs Modern Trade Right from the ancient times when barter was the only form of trade, as there was no money to make profit, trade has gone through a number of changes, both monetarily and technologically. If we include barter in traditional forms of trade and compare it with modern forms of […]
Difference Between Consumer and User
Consumer vs User We think we know the meanings of the words consumer and user. Of course, we do, as consumers are people who consume (literally) or make use of a product in the household. So if a person buys a LCD TV for use in his family, all members of the family are […]
Difference Between Supermarket and Hypermarket
Supermarket vs Hypermarket Between supermarket and hypermarket, a number of differences can be observed in terms of the size, the appearance, the service each offer, etc. Before discussing these differences, let us take a trip down the memory lane. How did your parents make a purchase of grocery items when you were a kid? […]
Difference Between FOB and FCA
FOB vs FCA In international trade, buyers and sellers enter into agreement beforehand so as to avoid any confusion once the process of transportation of goods has started. The agreements or contracts are of several types that are given a generic name Incoterms, which are applicable on all international trade. These acronyms define terms of […]
Difference Between Normal Goods and Inferior Goods
Normal Goods vs Inferior Goods What could be Normal and Inferior goods? The names are in themselves very confusing and suggestive of something that is of weaker quality. Thankfully, these are terms used by only economists and not by common people. Goods or items used by us are classified by economists based upon our behavior. […]