Wholesale: meaning, definitions and examples
๐
wholesale
[ หhoสlหseษชl ]
business trade
Wholesale refers to the sale of goods in large quantities, typically to retailers or distributors, rather than to the end consumer. It is a key component of the supply chain, enabling manufacturers to sell their products to retailers who then sell them to the public. By selling in bulk, wholesalers can often provide lower prices per unit, benefiting both themselves and their clients. Wholesale transactions often involve significant negotiation over prices and terms, making it crucial for businesses to understand market trends.
Synonyms
bulk trade, distributors, mass sales.
Examples of usage
- The retailer bought the products at wholesale prices.
- Many stores get their inventory through wholesale suppliers.
- She decided to start a wholesale business to provide goods to local shops.
cost strategy
As an adjective, wholesale describes activities related to the bulk sale of products. It often implies a larger scale of operations and a focus on lower prices achieved by selling large volumes. Wholesale pricing is typically lower than retail pricing, making it attractive for businesses that can purchase items in bulk. This terminology is commonly used in various industries, including food, clothing, and electronics.
Synonyms
bulk, discounted, large-scale.
Examples of usage
- They offered wholesale rates for bulk purchases.
- The company specializes in wholesale distribution of electronics.
- I found wholesale deals for winter apparel.
Translations
Translations of the word "wholesale" in other languages:
๐ต๐น atacado
๐ฎ๐ณ เคฅเฅเค
๐ฉ๐ช Groรhandel
๐ฎ๐ฉ grosir
๐บ๐ฆ ะพะฟัะพะฒะธะน
๐ต๐ฑ hurtowy
๐ฏ๐ต ๅธๅฃฒ
๐ซ๐ท vente en gros
๐ช๐ธ mayoreo
๐น๐ท toptan
๐ฐ๐ท ๋๋งค
๐ธ๐ฆ ุฌู ูุฉ
๐จ๐ฟ velkoobchod
๐ธ๐ฐ veฤพkoobchod
๐จ๐ณ ๆนๅ
๐ธ๐ฎ velikoprodaja
๐ฎ๐ธ heildsala
๐ฐ๐ฟ ะพะฟั
๐ฌ๐ช แฐแแแแแแแ
๐ฆ๐ฟ topdan
๐ฒ๐ฝ mayoreo
Etymology
The term 'wholesale' derives from the Middle English word 'wholes,' meaning 'a whole' or 'a mass,' which itself originates from the Old English 'hal,' meaning 'whole' or 'healthy.' The first recorded use of 'wholesale' in the current financial context appeared in the late 16th century, when it began to refer specifically to the practice of selling goods in large quantities. As industrialization progressed in the 19th century, wholesale commerce became increasingly significant, paving the way for the development of large wholesale markets and distribution centers. The growth of wholesale business models has continued into the modern age with the advent of e-commerce, allowing wholesalers to connect more efficiently with retailers and customers around the world.