Wholesale products are sold in large quantities at a reduced price to retailers.
Wholesale Extended Definition:
Because businesses buy more products at one time from wholesale suppliers, goods are cheaper per unit than retail goods. The more goods you buy from a wholesaler, the bigger the discount you receive will be.
There are several types of wholesalers, including:
- Exclusive distributors
- Wholesalers or regional distributors
- Jobbers or brokers
A Guide to Start Buying Wholesale for Small Business
Last Updated By
Jenna Hutkowski | Apr 18, 2023