Content deleted Content added
No edit summary Tags: Mobile edit Mobile web edit |
Path slopu (talk | contribs) m Reverted edits by 2402:3A80:6A8:6F84:65A5:42C4:CBAC:D835 (talk): addition of unnecessary/inappropriate external links (HG) (3.4.9) |
||
Line 5:
[[Wholesaling]] is [[selling]] goods in large quantities at a low [[unit price]] to retail merchants. The wholesaler will accept a slightly lower sales price for each unit, if the retailer will agree to purchase a much greater quantity of units, so the wholesaler can maximize profit. A wholesaler usually represents a factory where goods are produced. The factory owners can use [[economy of scale]] to increase profit as quantities sold soars.
[[Retailing]] is [[buying]] goods in a wholesale market
'''Bulk purchasing''' is when a consumer captures part of the benefits of [[economy of scale]] by doing with the retailer what the retailer does with the wholesaler: paying a lower price per unit in exchange for purchasing much larger quantities. This allows the consumer to satisfy more of his or her demands at a lower total cost by acquiring more [[use value]] per dollar spent.
|