What Is The Definition Of Wholesale Trade?


6 Answers

Anonymous Profile
Anonymous answered
The difference between wholesale and retail is simple: Retail sells to the consumer and wholesale sells to other businesses or the government. Regardless of places like BJ's calling themselves wholesale it's a marketing ploy; if they were truly wholesale then the average consumer would have never heard of them because they would only be selling to other businesses. Now BJ's might sell to the consumer at wholesale prices but it's still retail because of who buys it.
Glass Bauble Profile
Glass Bauble answered
Wholesale is trading between businesses. For example, a retail outlet like a supermarket would get their goods from a wholesale oulet. Basically, wholesale suppliers sell to retail outlets and retail outlets sell to the consumers. And it's not just retails outlets, offices, pubs, restaurants, hotels etc, they usually get their supplies from wholesale outlets too.
Ramona  Vandusen Profile
Ramona Vandusen answered

Wholesale trade is a type of exchange which products are
obtained and put away in large amounts and sold, in group of an assigned
amount, to affiliates, expert clients or gatherings, yet not to final buyers.

Anonymous Profile
Anonymous answered

A whole sale trade is one in which the business to business transactions occurs between various business entities.

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swati rane Profile
swati rane answered

The whole trading is basically a form of trade where goods and commodities are bought and sells in bulk quantities. It will help in earning higher, You can take help of Tradebulls to understand this term further. There you will also be able to do online trading and learn different forms of it as well.

chen lyfen Profile
chen lyfen answered
Hi wholesale trade is selling a lot,a dozen, or hundred pieces not for only one thing I mean not in retail, because they sell to the retailers so they have to sell a lot and with wholesale price too,it's important for the wholesalers sell in the whole as their prices are not the same retailers, so their definition is selling the whole not the same retailers.

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