WHOLESALED Meaning and
Definition
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Wholesaled is a verb that refers to the act of selling goods, products, or merchandise in large quantities to other businesses, retailers, or individuals. It is the process of distributing or supplying goods on a larger scale to other parties who may further distribute or sell them to the end consumers.
When a product is wholesaled, it means that it is sold in bulk or at a discounted price, usually with the intention of resale. Wholesalers typically purchase goods directly from manufacturers or producers and then sell them to retailers or other intermediaries, bypassing the need for multiple intermediaries involved in the traditional retail chain. This allows the wholesaler to offer competitive prices and allow the retailer to make a profit when selling the products to consumers.
Wholesaling is an important part of the supply chain, as it connects manufacturers with retailers and other entities that may not have direct access to the goods they require. Therefore, wholesaling serves as a distribution channel that facilitates the movement of goods from producers to end consumers in a more efficient and cost-effective manner.
Overall, the term "wholesaled" refers to the process of selling goods in bulk to other businesses or intermediaries, enabling them to profitably resell the products to consumers.
Common Misspellings for WHOLESALED
Etymology of WHOLESALED
The word "wholesaled" is derived from the term "wholesale", which originated in Middle English around the 14th century. The term "wholesale" comes from the Old English word "hōlesale", which is a combination of "hōl" (meaning 'well' or 'whole') and "sale" (meaning 'an act of selling'). So, "wholesaled" is the past tense and past participle form of the verb "wholesale", indicating an act of selling goods in large quantities or at a wholesale level.
Similar spelling words for WHOLESALED
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