Wholesale

Wholesale refers to the sale of goods in large quantities, typically to retailers or other businesses, rather than directly to the consumer. This method of selling allows distributors to offer products at reduced prices since they are sold in bulk. The wholesale business plays a crucial role in the supply chain ecosystem.

Wholesale meaning with examples

• The company specializes in wholesale electronics, providing retailers with the latest gadgets at competitive prices. By buying in bulk, the retailers can mark up the products for their customers while still offering them reasonable prices. This partnership benefits both the wholesale distributor and the retailers in increasing their profit margins.
• During the annual trade show, many vendors showcased their wholesale offerings to attract small businesses. These businesses could purchase items at a much lower rate and sell them to consumers at a mark-up. By taking advantage of wholesale opportunities, they could keep their shelves stocked with popular products.
• The local community cooperatively founded a wholesale grocery store to offer fresh produce and essential goods at lower prices. Members of the community can purchase bulk food items and many local farmers sell their products through this wholesale outlet, supporting the local economy and ensuring that everyone has access to essential supplies.
• The fashion brand decided to pivot towards wholesale distribution after finding success in their initial retail offerings. They established partnerships with several boutiques and online retailers to expand their reach. By moving into wholesale, they tap into new markets while maintaining a steady cash flow through higher-volume orders.