How to Buy in Bulk for Resale?
Product procurement is an essential process of a retail business. There are many distribution channels where you find products to sell, the most common ones include manufacturers, distributors, wholesalers, and trading companies. As a marketing specialist looking to source products for resale, understanding the dynamics between wholesalers and manufacturers is crucial. In this article, we'll explore the differences between them, the advantages of buying wholesale, how to find reliable wholesale market , and where you can purchase bulk items for resale. Differences Between Wholesalers and Manufacturers Wholesalers and manufacturers are key players in the supply chain, but they serve different functions: Wholesalers : These are intermediaries who purchase goods from manufacturers in large quantities and then sell them to retailers or businesses at a slightly higher price. They provide a wide variety of products, making them a one-stop shop for retailers. Wholesale vendors are known ...