Home Main Forums Economy Trade What is the wholesale price?

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #8452
    jack99
    Participant

      How can I price my products at the appropriate wholesale price for my online e-commerce store?

      #8453
      paulowatkins
      Participant

        A product’s wholesale bulk merchandise pricing is the low cost at which it is sold in large quantities to retailers. It’s common for the wholesale price to be lower than the retail price. The earnings from this markup are what the shopkeeper relies on to stay in business. Businesses benefit from “economies of scale” when they sell large quantities. Compared to selling ten pieces to 10 distinct consumers, the costs associated with producing, packaging, promoting, and distributing a product to a single buyer of 10 units are significantly lower. Because of this economic theory, wholesalers often sell to retailers at prices below retail.

      Viewing 2 posts - 1 through 2 (of 2 total)
      • You must be logged in to reply to this topic.