9. What is Wholesale Trade?
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Wholesaling 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 in bulk to anyone other than a standard consumer.
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Wholesale trade refers to the buying and selling of goods and services in large quantities for the purpose of resale to the end users. Wholesaling is connected with the activities of those persons or establishments who sell the bulk of goods to the retailers and other merchants who in turn sell it to the consumers.
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