Question

kinds of wholesale and wholesaler ​

Answer 1

$\large\mathcal{\underbrace{\red{Wholesale:-}}}$

✍️ Wholesale is a channel of distribution where large quantities of goods are sold to the retailers or to industrial, commercial, or other professional businesses which are not the end consumers.

$\large\mathcal{\underbrace{\purple{Wholesaler:-}}}$

✍️ A wholesaler is a person or a business who sells large quantities of goods to retailers or other professional businesses which are not the end consumers.

✍️ In general, it is the sale of goods to anyone other than a standard consumer.

$\rm{\underline{\blue{Kinds\:of\:Wholesalers:-}}}$

1] Merchant Wholesalers :-

☞ Merchant wholesalers are the most common type of wholesalers who buy all sorts of different and profitable items from different manufacturers, store them, and sell them to the retailers.

2] Speciality Wholesalers :-

☞ Speciality wholesalers stock items belonging to a specific industry or product category.

☞ They are very knowledgeable when it comes to the industry and the product and are usually found in industries where selling efforts are required to create demand among the retailers as well.

3] Internet Wholesalers :-

☞ These wholesalers operate and conduct transactions using the internet.

☞ They usually sell the goods at a discounted price as they save money by having virtual offices and operating warehouses at places that don’t charge much.

➜ Examples :-

• wholesalers on Alibaba .
• Amazon for Business .

4] Full-Service Wholesalers :-

☞ Usually found in consumer durables or engineering products industries, these wholesalers provide full service including stocking inventories, operating warehouses, order picking, delivery, training sales associates, supplying credits promotions, etc . to the end retailer.

☞ They handle large sales volume and deal with a narrow line of goods.

5] Limited Service Wholesalers :-

☞ These wholesalers offer fewer services to their customers like only stocking, only delivering etc .

☞ There are many types of limited-service wholesalers like,

• Cash and Carry Wholesalers :-

☞ who handle limited line of fast-moving goods, sell to small retailers and don’t deliver goods [retailers have to deliver the goods themselves] .

• Truck Wholesalers :-

☞ Who sell and deliver the goods directly from their vehicles.

6] Discount Wholesalers :-

☞ These wholesalers deal in discounted stock.

☞ Usually, the stock is discounted either because the products are discontinued, refurbished, returned, or going to expire soon.

7] Dropship Wholesalers :-

☞ Dropship wholesalers facilitate the process of dropshipping.

☞ They deliver the goods directly to the end consumers when a retailer makes a sale.

☞ They sign contracts with several internet-based retailers and act as their warehouse and delivery partner and only charge money whenever a sale is made.

☞ That is, even though they are wholesalers, they sell small quantities of goods.