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What is the wholesaling industry?

User PyKing
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The wholesaling industry involves the buying, storing, and reselling of goods from manufacturers to retailers. Wholesalers buy goods in bulk from manufacturers at a discounted rate and then resell them to retailers at a higher price. The wholesaling industry is a major part of the supply chain, providing retailers with the goods they need to sell to consumers. Wholesalers typically focus on specific product categories, such as office supplies or home goods, and can be either independent businesses or part of a larger organization. The wholesaling industry is an important link between manufacturers and retailers, and helps to ensure that goods are available to consumers when they need them.

User Gunan
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