BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Functions of Wholesalers – 8 Main Functions: Assembling, Buying, Warehousing, Transporting, Financing, Risk Bearing, Providing Market Information and a Few Others.

Detailed explanation-2: -Hence wholesalers do not carry out the function of packaging.

Detailed explanation-3: -The whole seller directly buys goods from the manufacturer of producers and sell them to retailers in small quantities. The whole sellers deal in one item in large quantity and sell them to different retailers to earn maximum margin profits. Was this answer helpful?

Detailed explanation-4: -Wholesaling means purchasing large quantities of goods from the producer and reselling them to retailers, who then sell them to end-users. This entire process depends on the concept of economies of scale. read more. To begin, a wholesaler invests in buying and storing large amounts of products.