write a short note on a wholesale
Answers
- Answer:
- The wholesaler purchases goods in large quantities from different manufacturers and assembles them at one place and stores them in his warehouse and resell to the retailers.
Answer:
Wholesaling includes all marketing transactions in which purchases are intended for resale or are used in marketing other products. Thus, we can say that a wholesaler is a person who buys goods from the producer in bulk quantities and forwards them in small quantities to retailers.Wholesale is the activity of buying and selling goods in large quantities and therefore at cheaper prices, usually to shopkeepers who then sell them to the public. Compare retail. ... If something is sold wholesale, it is sold in large quantities and at cheaper prices, usually to shopkeepers.
Explanation:
The wholesaler purchases goods in large quantities from different manufacturers and assembles them at one place and stores them in his warehouse and resell to the retailers.Wholesalers don't sell small quantities of goods like retailers. ... Wholesalers can also be retailers and manufacturers. For example, General Mills produces various foods, including cereal. They then distribute cereal to grocery stores that sell goods to the end-user.
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