wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Who is a wholesaler? What are the functions of wholesaling?

Open in App
Solution

A wholesaler is a seller who sells commodities in bulk quantities. Wholesalers do not sell to customers directly. Instead, they sell to retail sellers who then sell those products to final customers.

The functions of wholesaling are

1. To buy the commodities from the producer.
2. To sell the commodity to retail sellers.

flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Vegetable Mandi
CIVICS
Watch in App
Join BYJU'S Learning Program
CrossIcon