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Wholesalers act as intermediaries between producers and retailers/consumers by buying goods in bulk and reselling them in smaller quantities. They perform various functions such as warehousing, risk bearing, advertising, and providing finance, which benefit manufacturers, retailers, and consumers alike. There are different types of wholesalers, including general, specialist, and cash and carry wholesalers, as well as cooperative wholesale societies formed by producers or retailers for mutual benefit.
- Author
- ntmuziti
- Language
- EN