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Wholesaling business: where can you find them and what are the benefits? Part I by Leon Grant





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Wholesaling business: where can you find them and what are the benefits? Part I by
Article Posted: 12/28/2015
Article Views: 63
Articles Written: 640
Word Count: 541
Article Votes: 0
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Wholesaling business: where can you find them and what are the benefits? Part I


 
Business
Wholesalers are the dealers who supply products in bulk to the resellers, who sell it to the consumers. But when it comes to international wholesaling, finding a wholesale provider can be difficult. But still, wholesale trading has a lot of advantages.

Wholesaling is an important part of supply and demand trade. It is the intermediary entity that can either be any individual or any organization who purchases any product in a large quantity from the manufacturers and sell it to the retailers or the distributors for reselling rather than the consumers. The wholesale industry is huge and have at least 50 of the major traders included. The wholesalers deal with the different service entities through a variety of circulation networks and resource channels.
Hierarchy of the distribution chain

The providers of the raw materials come in first. Then the producers come, including the importers or exclusive distributors, who buys the ingredients and then makes the product. They sell their manufactured goods to the wholesalers who buys it in bulk and they sell it to the regional distributors, who dispense it to the brokers or jobbers, who transport these items to the local retailers and independent produce stores.

What is the asset of wholesale trade? Volume or the quantity of the product is the major strength of the wholesaling. The more the purchase, the less the cost become and the revenue rises high. For the wholesalers, they buy a bulk from the manufacturers, which lowers the charge as the production cost is less and when they are selling that item to the resellers, the price is reduced again.
What are the places where you can find wholesalers? Finding wholesalers may be a difficult work to do, but there are a lot of places where you can get numerous wholesale providers.
Trade Shows

Trade shows are a great place to search for the wholesale dealers, though it is a little time taking and expensive as well. There are many trade show directories like TSNN, that can help you to choose and mark the important events by industry and location.
The online websites

You can meet international wholesalers online on the websites which deal with the global wholesale dealers and local and national suppliers as well. All you have to do is to enter your zip code in the search option and also specify the location too. YellowPages.com, Wholesale Central and Wholesale Network are some of the best online websites to find global wholesalers.
Google

This is the most applied search engine, where you can type a name or a term and you will get a list of the wholesale providers and the detailed information about them in a jiffy. It is the most widely used and common place to meet international wholesalers online.
Interaction with the brand manufacturers Some of the best brand producers sell wholesale items, but in a large quantity. A good relation and regular communication can help you to find information from them.

Leon Grant has performed a series of interview with many global trading organizations and with the purchasers across the world. From all these interviews he has established that, to meet international wholesalers online in the global market, certain rules have to be followed.

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