Wholesaling
Wholesaling or distributing is a sale of goods or merchandise to retailers; to industrial, commercial, institutional or other a person engaged or qualified in a profession. group users; or to other wholesalers wholesale businesses together with related subordinated services. In general, this is the the sale of goods in bulk to anyone, either a adult or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, normally directly from the manufacture or source, at a discounted rate together with selling to the retailer at a higher price. The retailer then sells the goods to the end consumer at a higher price making a profit.
According to the resale of new and used goods to retailers, to industrial, commercial, institutional or fine users, or to other wholesalers, or involves acting as an congregated.
Traditionally, wholesalers were closer to the markets they supplied than the character from which they got the products. However, with the advent of the internet and e-procurement there is an increasing number of wholesalers located nearer to the manufacturers in China, Taiwan, and Southeast Asia. The profit margins of wholesalers depend largely on their ability tomarket competitive transaction costs.
In the banking industry "wholesale" usually spoke to wholesale banking, providing tailored services to large customers, in contrast with retail banking, providing standardized services to large numbers of smaller customers.
In real estate, wholesaling is the act of contracting to purchase real property, and assigning that contract to an investor.