What strategy do wholesalers typically employ to sell their products in comparison to other industries?

Question

Quizplus · Accepted Answer

Wholesalers typically sell large quantities of goods on a very narrow profit margin. This is because they operate as intermediaries between the manufacturer and the retailer, buying in bulk from manufacturers at a lower price and selling in smaller quantities to retailers at a slightly higher price. Their profit comes from the volume of goods sold rather than the individual profit margin on each item.

What Strategy Do Wholesalers Typically Employ to Sell Their Products