Buying wholesale involves purchasing goods directly from manufacturers or distributors in bulk quantities at discounted prices. It’s a common practice for businesses looking to resell products or use them as raw materials.
Wholesale purchasing offers numerous benefits, including significant cost savings, access to exclusive products, and the ability to negotiate favorable payment terms. Historically, wholesale markets were physical marketplaces where buyers and sellers met to conduct transactions. Today, online platforms and digital marketplaces have made wholesale buying more accessible and efficient.