Wholesale Trade

Wholesale trade involves the purchase and sale of goods in large quantities, primarily for resale, production, or business use, rather than for direct consumption by end customers. Wholesalers act as intermediaries between manufacturers and retailers or other businesses.

Key Features: Nature of Transactions Goods are bought in bulk from producers or manufacturers. Sold in specified batches to retailers, businesses, or specialist users. Purpose For resale to final consumers For use in manufacturing or production To support general business operations Role of Wholesalers Bridge the gap between producers and retailers Provide storage, distribution, and logistical support Enable bulk buying advantages for retailers Distinguishing Factor Unlike retail trade, wholesale trade does not sell directly to end consumers.

Example: A grocery wholesaler supplying supermarkets A distributor of electronic components to manufacturers A clothing wholesaler selling in bulk to retail stores