what does wholesale value mean?

Question

whats the difference if someone were to sell you something at wholesale value/retail value?

Thanks for your time!

Answer 1

Wholesale is how retailers (stores) buy something, retail is how customers buy it. for example, for one purse, the store buys it from the makers of the purse, like....100 purses for $5 each. They then sell it to the customers for $15 each, making a $10 profit. The makers also make profit because it may only take them $1 to make each purse, so they make $4 on every purse sold to a retailer.

So if someone sells you something at wholesale value, it's usually a very good deal and cheaper than you would get anywhere else. Even when stores have sales, they usually don't go down to the wholesale price because they would make no profit. It's sort of like buying food products in bulk (a small pack of chicken is $5 a pound, but a big pack is $2 a pound), but generally a better deal.

Answer 2

Wholesale Market Value

Answer 3

This is the path any product follows Manufacturer-Distributor -Wholesaler-Retail Store. Each tries to make a little profit as the product changes hands and the shippers are paid for moving it.

The manufacturer makes the product and sells at the "Manufacturer's Price to a distributor
the distributor moves the product to the wholesaler, adding shipping costs.
The wholesaler is the one the retail store contacts when they want a product. He will charge whatever price he has paid for the product + some profit. That is the Wholesale Price.
From the wholesaler, the product is again shipped, this time to the retail store that ordered the product. The Retail Price
reflects both the cost of the shipping, cost of the product, cost of keeping the store open ($X per day) plus a little profit.

Often the retail price is determined by adding a percentage to the amount the retail store has paid the wholesaler.

Answer 4

Well my mother owns a store so I should know. When you wholesale, you buy alot of the stuff. When you retail, you just buy one or two. So basically, Wholesale value is cheaper because you buy alot when you wholesale, so you get kinda like a discount. Think it this way, I have a flower shop. I'm outta Roses!! So I go to another flower shop to WHOLESALE them. Their Wholesale price is 0.50$, and my wholesale price is 0.75$. And obviously my retail price is higher. So i decided to buy 100 roses at that shop because all my prices are higher, this way, I won't lose money. Get it now?

Answer 5

Wholesale value, is the very lowest price value. This is what the store would pay for an item, and then at a higher price, to a customer, this is retail value, meaming toi sale to some one else.

Answer 6

Wholesale is in large quantities to a retailer to sell in small quantities. Wholesale is cheaper because you are buying quantity- not one or two.

Answer 7

Wholesale price is the price the seller pays. Retail price is the price we pay.

-MM

Answer 8

whole·sale
noun, adjective, adverb, verb, -saled, -sal·ing.
–noun 1. the sale of goods in quantity, as to retailers or jobbers, for resale (opposed to retail).
–adjective 2. of, pertaining to, or engaged in sale by wholesale.
3. extensive; broadly indiscriminate: wholesale discharge of workers.
–adverb 4. in a wholesale way; on wholesale terms: I can get it for you wholesale.
5. in large quantities; on a large scale, esp. without discrimination: Wild horses were slaughtered wholesale.
–verb (used with object), verb (used without object) 6. to sell by wholesale.


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[Origin: 1375–1425; late ME, from the phrase by hole sale in gross; see whole, sale]

—Related forms
wholesaler, noun

When something is sold at wholesale, it's usually sold in a higher quantity at a lower price because it's intended to be re-sold by a retailer (so that he can mark it up for his own profit).

Answer 9

Buying and selling wholesale goods is frequently viewed as a sort of ‘get rich quick’ scheme, where sellers can make enormous profits from very little investment or work.

Answer 10

http://www.cheapersnapbacks.com/snapbacks-&-hats/mesh-snapbacks/meshtrucker-snapback-mlb-boston-red-sox-snapback-hats-caps-p-2079.html

Being the wholesaler, in this case a wholesale clothing business owner, you’re charged with .