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Business Wholesale Products

oboloo Glossary

Business Wholesale Products

Business wholesale products are goods and materials sold by a business to another business. This type of sale is typically done in large bulk orders, allowing businesses to save money on their purchases. These goods can range from items like raw materials, consumer goods such as clothing and accessories, or man-made or pre-packaged products. The goal for purchasing these products wholesale is to purchase them at a price lower than the retail price, so that businesses can turn around and sell them for a higher profit margin when they resell them at retail prices. With the right contacts and resources, businesses can purchase quality products in bulk, saving time and money.

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