Wholesale Characteristics Flashcards
Wholesale businesses sell goods in ______ quantities at _____ prices.
Large, low
Typically profits in wholesale are ______ and sales _____
Low, high
Wholesalers sell goods to customers like _____, industries and others in, _____quantity at a _____ price
Retailers, bulk, low
Who are the customers of wholesalers generally?
Retailers and other business parties.
What does not matter much in wholesaling
Display of products and business location.
In wholesaling business more emphasis is given on the _____ of goods rather than the _____ of goods
Quantity, quality
For starting a wholesale business there is a huge _____ requirement as the business volume is large
Capital
Wholesaling business does not need _____ and _____ is not needed
Advertising, promotion
The customers of wholesale businesses are
Spread in various places
Most of the goods in wholesale are sold on
Credit
Wholesaling creates a link between _____ and _____
Manufacturer, retailer
Wholesale price is always lower than
Retail price
In wholesale, selling skills are not much of
Importance
Wholesale business is much bigger than _______
Retail business
Look is unimportant in
Wholesale