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Wholesale - What Does It Mean?

Defines what wholesale selling is

If you can afford it, buying wholesale is usually the best route to take, so long as you know the item will sell. Most companies will sell you items wholesale if you purchase a specific number of that item. For example, if you would like to sell binoculars, and their regular price is $24.99, the company may offer a wholesale price of $14.99 if you purchase at least 20 or if you buy at least a certain dollar amount such as $300. Each company has their own wholesale rules, so if it is not listed on their site, contact them and they should be able to provide you with the information. Here is an example of wholesale pricing on an item from the Henry Brandt Company :

Item #: GBAR2879
Item Name: 'CRAZY ABOUT CHOCOLATE' INSPIRATIONAL PAPERBACK GIFTBOOK
Description: COLORFUL PAGES FILLED WITH CUTE ILLUSTRATIONS AND 'SWEET CHOCOLATE' SENTIMENT AND A FEW RECIPES. WxH:5.5"x5.25". PGS: 60+/- SRP: $7.95 EACH. YOUR PRICE IS ONLY $0.50 EACH WHEN YOU BUY 60 PAPERBACK BOOKS!
Unit: CARTON OF 30 BOOKS
Price:
1 to 1     $ 22.50 CARTON OF 30 BOOKS
2 or more     $ 15.00 CARTON OF 30 BOOKS

So you see here, their wholesale price is .50 cents if you purchase 60 books. And the SRP (Suggested Retail Price) is $7.95, so that's a profit of $7.45 on each book. Wholesale prices usually also require a minimum purchase amount, and for example, currently for this company the minimum wholesale order is $100. So you would have to purchase $100 worth of merchandise to receive the wholesale price. This is just an example, there are literally millions and millions of producst to choose from on the Internet, with something for everyone!

Here is another example from a different wholesaler Sav-on Closeouts

Ladies Watch #LW39

Item #LW39
 $20.00 each
 1 item per case

 Only $20.00 per case

Ladies watch #LW39 comes in a snap-shut box. Pre Priced $125. Batteries may need replacing.

In this example, you purchase the watch for $20 and the suggested price is $125. This company actually does not have a minimum order amount, so you could buy 1 or 100, your wholesale price would be the same. I would recommend if you do plan on ordering in large amounts, that you ask if they give an additional discount for large orders; it never hurts to ask!