Wholesaling

B2 16+
  • Frequency of Use
    20 %
  • Retention Rate
    60 %
  • Complexity
    50 %
  • Wholesaling Meanings

    noun the business of selling goods in large quantities to retailers or other businesses

    verb present participle of the verb 'wholesale', which means to sell goods in large quantities to retailers or other businesses

    Fields related to wholesaling

    Business

    Wholesaling refers to the process of selling goods in large quantities to retailers or other businesses, rather than to individual consumers.

    Retail

    Retailers often rely on wholesaling to stock their stores with a variety of products at competitive prices.

    E-commerce

    In the e-commerce industry, wholesaling is commonly used by online retailers to purchase products in bulk at discounted prices for resale.

    Supply Chain Management

    Wholesaling plays a crucial role in the supply chain by providing a link between manufacturers and retailers, ensuring the efficient distribution of goods.

    Distribution

    Wholesaling involves the distribution of goods from manufacturers to retailers, helping to streamline the process and reduce costs.

    Occupation Usage of wholesaling

    Real Estate Agent

    Wholesaling is a common practice in the real estate industry where an investor purchases a property at a discounted price and then sells it to another buyer without making any renovations or improvements.

    Retailer

    In the retail industry, wholesaling refers to the process of buying goods in bulk from manufacturers or distributors at a lower price and then selling them to customers at a higher price for profit.

    Manufacturer

    Manufacturers often engage in wholesaling by selling their products in bulk to distributors or retailers at a discounted price, allowing them to reach a wider market and increase their sales volume.

    Entrepreneur

    Entrepreneurs may use wholesaling as a strategy to scale their business quickly by purchasing products at wholesale prices and selling them at a retail price, thus generating revenue and expanding their customer base.

    Consolidated Statistics about wholesaling

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