Wednesday, August 29, 2007

The Nature of the Wholesale Trade Industry

Most of us normally buy everyday goods and necessities from superstores, and other retail outlets. Superstores, gas stations, department stores, different branded products, are some examples of retail outlets. These are called retail outlets because they sell products at retail price, and not wholesale price, meaning, that they keep a certain significant percentage of the selling price as their own profit. Now, where do these retailers buy their goods from? Naturally, they buy it from wholesalers. Many times, offices and universities also buy goods from wholesalers. This is because they need stationary and other supplies in large quantities, and the best option for them is to buy from wholesalers. The wholesale View the rest of this article


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