Wholesale is spelled with the letter W, followed by the sound /hoʊl/. The sound is created by the combination of the letters H and O. The following letters, L and E, create the sound /səl/. The word is used to describe the sale of goods in large quantities. It is a frequently used term in the business world for companies that sell products to other businesses at a lower price than retail. The correct spelling of wholesale is crucial for companies to succeed in their sales and marketing efforts.
Wholesale is an adjective that describes the selling and purchasing of goods or merchandise in large quantities, typically for resale. It commonly refers to the commercial activity of supplying products directly to retailers, other businesses, or individuals involved in distribution, rather than to end consumers. The wholesale trade involves the bulk buying and selling of goods, typically at significantly discounted prices compared to retail prices.
In wholesale transactions, the products are often bought in large quantities directly from the manufacturers or authorized distributors. The items are then sold to various entities, such as retailers or resellers, who in turn sell them to consumers. Wholesale allows businesses to benefit from economies of scale, as the larger quantities purchased often result in lower per-unit costs. This enables businesses to make a profit by selling the items at a somewhat higher price than the wholesale price they initially paid.
Wholesale operates in a wide array of industries, including clothing, electronics, food, automotive, and more. Wholesale distribution can be a critical part of a supply chain, ensuring the smooth flow of goods from production to end-users.
The wholesale market is distinct from retail, which involves the sale of goods in smaller quantities to individual consumers. The distinction between wholesale and retail is based on the quantity and purpose of the sale, with wholesale being geared towards large-scale distribution and retail being focused on meeting consumer demand.
• The sale of goods in large quantity to retailers only; the whole mass.
• Buying and selling in large quantity only; by wholesale, in the mass; without distinction or discrimination.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
The word "wholesale" originated from the Old English word "holsale" or "halsale", which was a combination of the elements "hol" meaning "entirely" or "completely" and "sǣl" meaning "sale" or "barter". The Old English term evolved to "holesale" and later "wholesale" in Middle English. The prefix "whole" in "wholesale" emphasizes the idea of selling goods in large quantities or in their entirety rather than in parts or smaller quantities.