BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Wholesale is the activity of buying and selling goods in large quantities and therefore at cheaper prices, usually to shopkeepers who then sell them to the public.

Detailed explanation-2: -why wholesale is cheaper? The wholesale is cheaper because they buy the products in bulk directly from the manufacturer and get large discounts for buying large quantities of goods.

Detailed explanation-3: -Wholesale trade refers to the trade in which goods are bought in large quantities. The person who carries on wholesale trade is known as a wholesaler. A wholesaler buys the goods directly from the manufacturer in bulk and sells them in small lots to the retailers.

Detailed explanation-4: -Wholesaling is the act of selling your products in bulk to another retailer, usually at a discount, who then sells the product to its customers at a higher price. It’s important to note that creating a wholesale channel for your online business does still allow you to sell your product to the end consumer.

Detailed explanation-5: -There are two basic kinds of merchant wholesalers: 1) service (sometimes referred to as full-service wholesalers) and 2) limited-function or limited-service wholesalers.