Wholesale Definition

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:

• Manufacturers
• Exclusive distributors
• Wholesalers or regional distributors
• Jobbers or brokers

Related Article
A Guide to Start Buying Wholesale for Small Business

Last Updated By

Rachel Blakely-Gray | Apr 18, 2023