Business, Legal & Accounting Glossary
Person or firm that buys a large number of goods from various producers or vendors, warehouses them and resells to retailers.
A person or company that buys merchandise from manufacturers, importers, or distributors and resells the merchandise to retail businesses and to business and institutional end-users.
A distributor or salesman who sells mainly to banks, brokerage firms, and financial advisors rather than consumers.
Person or firm that buys a large number of goods from various producers or vendors, warehouses them and resells to retailers.
Wholesalers who carry only non-competing goods or lines are called distributors.
You should always try to do business directly with a wholesaler so that you can get the best possible price.
He was a wholesaler and he informed us that he liked his job as a wholesaler and would not trade it for anything.
When the cupcake retailers ran out of paper, they contacted a wholesaler for a cheaper rate rather than buy it from another retailer and pay the mark-up price.
jobber
distributor
dealer
middleman
wholesale
forward buy
affiliated wholesalers
channel stuffing
trade price
directly
A distributor or middleman who sells mainly to retailers and institutions, rather than consumers.
In the consumer world, there are often many companies that buy and sell products before they reach the hands of the consumer. Products usually are bought and sold between manufacturers, wholesalers, and retailers before a consumer actually purchases the product.
All consumer goods and products start at the manufacturer. The manufacturer most often designs and produces the product. The manufacturer then sells the finished product to a wholesaler because wholesalers often have relationships with retailers and distribution chains that manufacturers don’t have. The wholesaler in turn sells the product to a retailer which can market and sell the product to an end customer.
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This glossary post was last updated: 28th December, 2021 | 0 Views.