Holesale market in 200 words
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According to W.J. Stanton, wholesale trade includes the sale and all activities directly incidental to the sale of products or services to these who are buying for the purpose of resale or business use.
Thus, wholesalers are the marketing middlemen who buy and resale merchandise to retailers and other merchants and to industrial, institutional, and commercial users, but do not sell insignificant quantities to the ultimate consumers. They occupy a midway position between the retailer and producer.
They generally buy goods and commodities in large quantities with a view to selling then to the retailers who further sell then to individual consumers on piecemeal basis. They, in general, operate for profits oily. They do not manufacture products but act as traders engaged only in buying and selling activities. But sometimes, sate wholesalers carbine manufacturing and retailing operations also.
Thus, wholesalers are the marketing middlemen who buy and resale merchandise to retailers and other merchants and to industrial, institutional, and commercial users, but do not sell insignificant quantities to the ultimate consumers. They occupy a midway position between the retailer and producer.
They generally buy goods and commodities in large quantities with a view to selling then to the retailers who further sell then to individual consumers on piecemeal basis. They, in general, operate for profits oily. They do not manufacture products but act as traders engaged only in buying and selling activities. But sometimes, sate wholesalers carbine manufacturing and retailing operations also.
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