Wholesale

Wholesale is a Sale of goods, generally in large quantity, to a retailer for resale purposes. For instant Wholesalers buys goods in bulk quantities from either manufacturers or importers, and then sells in smaller quantity to retail stores.
In this business you must have good negotiation skills to get the lowest possible products prices from the manufacturers so that you can have decent margin to cover the costs of distribution and leave a profit.
There are some strategies to achieve the best possible prices, ranging from simple haggling, quantity discounts, early payment discounts and even buying whole container loads in partnership with other wholesalers that did not compete in our area.
A wholesaler usually works with the manufacturer to provide quantities of goods to other retail outlets or businesses. Often, they may also be the distributor of the product as well. A wholesaler is usually only interested in volume sales and does not sell single or low-quantity lots of the products. In situations such as this the manufacturer sells only to its wholesalers, who in turn sell to businesses or distributors. The manufacturer may be the wholesaler in some cases they usually handle all logistics involved in getting the merchandise to your location, as well as billing for the products and delivery.

Wholesale Merchants
Wholesale merchants buy and sell merchandise on their own account, that is, they take title to the goods they sell. They generally operate from warehouse or office locations and they may ship from their own inventory or arrange for the shipment of goods directly from the supplier to the client. In addition to the sale of goods, they may provide, or arrange for the provision of, logistics, marketing and support services, such as packaging and labelling, inventory management, shipping, handling of warranty claims, in-store or co-op promotions, and product training. Dealers of machinery and equipment, such as dealers of farm machinery and heavy-duty trucks, also fall within this category.
Wholesale merchants are known by a variety of trade designations depending on their relationship with suppliers or customers, or the distribution method they employ. Examples include wholesale merchants, wholesale distributors, drop shippers, rack-jobbers, import-export merchants, buying groups, dealer-owned cooperatives and banner wholesalers.
The first eight subsectors of wholesale trade comprise wholesale merchants. The grouping of these establishments into industry groups and industries is based on the merchandise line or lines supplied by the wholesaler.

Wholesale Agents and Brokers
Wholesale agents and brokers buy and sell merchandise owned by others on a fee or commission basis. They do not take title to the goods they buy or sell, and they generally operate at or from an office location.
Wholesale agents and brokers are known by a variety of trade designations including import-export agents, wholesale commission agents, wholesale brokers, and manufacturer's representatives and agents.