Wholesale trade is a fundamental part of the global supply chain and plays a pivotal role in the distribution of goods. Whether it’s bulk purchasing of raw materials, finished goods, or specialized products, wholesale trade ensures that goods are efficiently moved from manufacturers to retailers or directly to consumers. This article explores what wholesale trade is, how it works, and its importance in the broader economy. What is Wholesale Trade? Wholesale trade refers to the...

Many people are afraid to sell goods in bulk, as they believe that this requires large material investments and well-established large supplies. We decided to dispel a few myths about wholesale sales and share tips for starting a business 1. Any transaction of 3 units or more can be considered wholesale. The scheme of work is clear even to novice entrepreneurs. In fact, there are several scenarios: Option 1: you produce, buy or sell a product, then resell it at a higher price. Option 2:...