Who is a vendor
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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A vendor is person or group of persons who sells goods and services for a price to customers.Their priority is to sell the goods and products and make profit.They may or may not be the manufacturers or processors,always in direct concern with end customers.
A vendor is an individual or business that sells goods or services to customers, either directly or through intermediaries. Vendors can operate in various settings, such as physical stores, online platforms, or marketplaces, and they play a crucial role in supply chains by providing products to consumers or other businesses.
Vendors may include:
Retail Vendors – Sell directly to end-users (e.g., supermarkets, e-commerce sellers).
Wholesale Vendors – Supply products in bulk to retailers or distributors.
Service Vendors – Offer services like consulting, maintenance, or software solutions.
Street Vendors – Small-scale sellers in public spaces (common in markets worldwide).
They can be independent entrepreneurs, part of large corporations, or informal traders. Vendors ensure product availability, handle transactions, and sometimes provide after-sales support. In digital marketplaces (e.g., Amazon, Jumia), vendors list products for buyers globally.
In Nigeria, vendors range from roadside hawkers to registered businesses supplying goods across industries. Their operations contribute to economic activity, employment, and consumer access to essentials.