Introduction:
Wholesale refers to selling goods in bulk, usually at a lower price per unit, typically to retailers or other businesses.

Definition:
In wholesale, a manufacturer or distributor sells large quantities of products at a discounted price to resellers, who then sell the products to end consumers.

How It Works / Examples:
For example, a wholesaler might sell clothing to a boutique retailer. The retailer purchases items in bulk and marks them up for individual sale.
Learn more on Wikipedia: Wholesale.

Why It Matters:
Understanding wholesale is important for entrepreneurs who want to scale quickly by sourcing products in bulk, reducing per-unit costs and maximizing profit margins.

Additional Resources:

• Explore industry guides on establishing wholesale relationships.