What is wholesale

fred33colors

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Wholesale: Wholesale is specilized in commercial activities in commodities trading.It is the circulation of commodities indispensable link.
There are two common situations:1 Volume of goods are sold to other business enterprises by commercial enterprises for resale.
2 Business enterprises will be used for further processing, the means of production supplied to the manufacturer.
Wholesale depends on the development of commodity economy .Commodity production and the development of commodity exchange, commodity purchase and sales volume increases, the extension of circulation, between producers, between producers and retailers, direct exchange of commodities, often difficult or inconvenient, was produced specifically to the production by direct purchases of commodities, which are then sold to other producers or retailers
the wholesale business, the business sector has within the division of labor between the wholesale and retail.Wholesale business are conduct by business enterprise generally, the number of each batch of goods sold large, according to wholesale prices. The wholesale price of goods lower than retail prices, wholesale and retail price differences that exist, the difference from the retail business by the cost of circulation costs, taxes and profit form. Wholesale and retail business is the production of intermediate links . Through commercial wholesale activities make the social product from the production into the circulation, organize and mobilize to play the role of commodity circulation between regions. Commodity storage can also play role of a "reservoir" , balance commodity supply and demand.E-commerece.
The development of e-commerce, wholesale trade is often called as: B2B. <from
http://www.33colors.com>.
 

itakeoverworld

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can you summarize that and give it to the forum as 3 brief sentences?

I thought wholesale is the buying of a good in bulk. Then the wholesaler would turn around and sell that (with a markup) to retailers or sell the items themselves to get a larger margin. No?
 

Mickey1234

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I have to agree that the above description is a little much. A wholesaler sells bulk products at a discounted rate to the retail, who can then mark it up to sell as a retailer. Wholesalers will offer products that can be sold as is, product that must be repackaged into retail sizes, or product that can be used in the manufacturing of retail products. Wholesalers can also sell as retailers as well.
 

garyt

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that is exactly what wholesaling is, buy in bulk at a reduced cost - then sell to retailers are individuals at a profit. Plain and simple
 

webcreations

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Wholesaling, jobbing, or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional, or other professional business users; or to other wholesalers and related subordinated services. In general, it is the sale of goods to anyone other than a standard consumer. In the United Kingdom, the Cash and Carry is a term used describe a wholesale warehouse, particularly those that are open to the general public on payment of a subscription.