defination of whole sale trade
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Wholesale trade is a form of trade in which goods are purchased and stored in large quantities and sold, in batches of a designated quantity, to resellers, professional users or groups, but not to final consumers
deepali1972:
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It refers to that type of trade under which goods or services are bought in bulk from producers and are sold in small quantities to the retailers .
Features of wholesale trade :-
1)The wholesaler buys goods in large quantity
2)He deals only in some special good
3) He sold good to retailer
4)He usually purchases in cash and sells goods in credit
5)More capital is required for wholesale trade
6)Speacialized in one line of product
7)Only samples of goods are kept in shop
8)Profit is low in case of wholesale trade
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