Wholesale & retail trade

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Wholesalingjobbingor distributing is the sale of goods or merchandise to retailers ; to industrialcommercialinstitutionalor other professional business users; or to other wholesalers and related subordinated services. According to the United Nations Statistics Division"wholesale" is the resale sale without transformation of new and used goods to retailers, to industrial, commercial, institutional or professional users, or to other wholesalers, or involves acting as an agent or broker in buying merchandise for, or selling merchandise to, such persons or companies.

Wholesalers frequently physically assemble, sort and grade goods in large lots, break bulkrepack and redistribute in smaller lots. Traditionally, wholesalers were closer to the markets they supplied than the source from which they got the products. In the banking industry "wholesale" usually refers to wholesale bankingproviding tailored services to large customers, in contrast with retail bankingproviding standardized services to large numbers of smaller customers.

Often, in the United States, wholesalers are not required to charge their buyers sales taxgeneral and wholesale trading meaning they sometimes are required to charge a tax at the wholesale level.

The alternative to selling wholesale general and wholesale trading meaning distributors or retailers is to sell retail [5] either through company-owned stores or online. Advantages include receiving a larger slice of the price paid by the consumer; disadvantages include difficulty in reaching consumers. S wholesalers according to csnews report in From Wikipedia, the free encyclopedia. The examples and perspective in this article may not represent a worldwide view of the subject.

You may improve this articlediscuss the issue on the talk pageor create a new articleas appropriate. March Learn how and when to remove this template general and wholesale trading meaning. Scale and scope The Dynamics of Industrial Capitalism. Belknap Press of Harvard Univ.

Retrieved 9 April The New York Times. Retrieved March 7, Retrieved from " https: Freight transport Distribution marketing Wholesaling. Views Read Edit View history. In other projects General and wholesale trading meaning Commons.

This page was last edited on 5 Aprilat By using this site, you agree to the Terms of Use and Privacy Policy. Wikimedia Commons has media related to Wholesalers. Look up wholesale in Wiktionary, the free dictionary.

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