Summary Matrix

Attribute Merchant Vendor
Primary Customer End Shopper (B2C / Direct-to-Consumer) Merchant Retailer (B2B Wholesale)
Store Ownership Owns & operates the storefront Supplies products to the storefront
Payment Collection Collects retail payments at checkout Invoices merchant for wholesale cost
Customer Support Direct buyer support & returns Warranty backing & manufacturer defect support

Key Difference

The Merchant is the seller facing the buyer. The Vendor is the supplier behind the scenes producing or wholesaling the goods.

Developer Takeaway

Database Relation: Store vendor as a foreign key reference or structured attribute on the Product model, while merchant defines the tenant organization owning the platform account.