Wholesale refers to the sale of goods in large quantities, typically to retailers or other businesses, rather than to individual consumers. This method allows sellers to offer products at lower prices because they are selling in bulk. Wholesalers often act as intermediaries between manufacturers and retailers, helping to distribute products efficiently.
In wholesale transactions, buyers usually purchase items at a discounted rate, which enables them to resell the products at a profit. Common examples of wholesale goods include clothing, electronics, and food products. This system is essential for maintaining supply chains and ensuring that retailers have enough stock to meet consumer demand.