MANAGEMENT

Detailed explanation-1: -A wholesaler is a person or company who sells products in bulk to various outlets or retailers for onward sale, either directly or through a middleman. Wholesalers are able to sell their products for a lower price as they are selling in bulk, which reduces the handling time and costs involved.

Detailed explanation-2: -The difference between wholesalers and resellers A wholesaler buys goods from the manufacturer at a discounted price and sells them to resellers at a higher price for profit. A reseller buys specific quantities of products from the wholesaler to sell them to their customers.

Detailed explanation-3: -A wholesaler is a person whose business is buying large quantities of goods and selling them in smaller amounts, for example to shops. [business] Collins COBUILD Advanced Learner’s Dictionary.

Detailed explanation-4: -Retailers purchase goods from manufacturers and wholesalers and resell them to customers for a profit. In today’s’ economy, the most effective retailers are adept at selling through a variety of physical and digital channels.