Wholesale
The selling of goods in large quantities to be retailed by others.
Business Glossary provided by Plannit.ai
Wholesaling involves selling merchandise in large quantities, typically to retailers who then sell it to consumers. Wholesalers act as intermediaries between manufacturers and retailers, benefiting from economies of scale by purchasing in bulk. This sector is a critical link in the supply chain and significantly influences the pricing of consumer goods.
Starting or Running a Business?
Generate a business plan in minutes.
