Wholesalers Write For Us
Wholesaling or distribution is the sale of goods or merchandise to retailers, industrial, commercial, institutional, or other professional users, wholesalers (wholesalers), and related downstream services.
In general, it is the wholesale sale of goods to any person, person, or organization that is not the end user of the goods. Wholesale is the purchase of products in large quantities, usually directly from the manufacturer or supplier, at a discounted price. The retailer then sells the goods to the end consumer at a higher price, making a profit.
According to the United Nations Statistics Division, wholesaling is the resale of new and used goods to retailers, industrial, commercial, institutional, or professional users or wholesalers or acting as an agent or intermediary in buying or selling assets to these individuals or companies.
Wholesalers frequently physically assemble, sort, and grade goods in large lots, break-bulk, repack, and redistribute in smaller lots. While wholesalers of most products usually operate from independent premises, wholesale marketing for foodstuffs can occur at specific wholesale markets where all traders are congregated.
Often, in the United States, wholesalers are not required to charge their buyers sales tax if the buyer has a resale license in the state the wholesaler is located. Wholesalers do not charge out-of-state buyers sales tax.
In real estate, wholesaling is the act of contracting to purchase real property and assigning that contract to an investor.
An alternative to wholesaling to wholesalers or retailers is retail through company-owned stores or over the Internet. Benefits include receiving a greater share of the price paid by the consumer; Disadvantages include difficulty in reaching consumers. Direct selling is a business model in which sellers sell products directly to the end customer.
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