200 words about wholesale market
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In wholesale trade, goods are purchased in large quantities of limited number of varieties of goods and are sold to the retailers.
The 1954 Census of Business (U.S.A.) defines wholesale trade as “marketing or selling merchandise to retailers, to other wholesalers, or to industrial, commercial, professional or other institutional users in contrast to selling to household consumers; to individual for personal use or to farmers.”
Following this definition of wholesale trade, the wholesaler may be defined as “one who sells to other middlemen, institutions and industrial buyers, usually in fairly large quantities. He sells to other dealers and to industrial buyers but does not sell to the ultimate consumers.”
A wholesaler is link between the producer and the retailer. This helps the producers in making bulk production and selling in large quantities to traders. A wholesaler does not come into direct contact with the consumer.
The 1954 Census of Business (U.S.A.) defines wholesale trade as “marketing or selling merchandise to retailers, to other wholesalers, or to industrial, commercial, professional or other institutional users in contrast to selling to household consumers; to individual for personal use or to farmers.”
Following this definition of wholesale trade, the wholesaler may be defined as “one who sells to other middlemen, institutions and industrial buyers, usually in fairly large quantities. He sells to other dealers and to industrial buyers but does not sell to the ultimate consumers.”
A wholesaler is link between the producer and the retailer. This helps the producers in making bulk production and selling in large quantities to traders. A wholesaler does not come into direct contact with the consumer.
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