Wholesale involves moving large physical quantities. Use automated Inventory Management Software (like Epos Now ) to track stock levels and avoid "dead" inventory. Comparison: Wholesale vs. Retail Buying Buying Wholesale (Resale) Buying in Bulk (Consumer) Goal Resell at a markup Personal use/Cost savings Quantity High (MOQs required) Moderate (Packs/Cases) Transaction Business-to-Business (B2B) Business-to-Consumer (B2C) Tax Often tax-exempt with permit Sales tax usually applied Your Guide to Selling Wholesale - Square
Utilize trade shows, cold emailing, and industry directories to find retail buyers.
The wholesale business model revolves around , where you either buy bulk goods at a discount to sell to consumers or act as the "middleman" selling bulk lots to other retailers. 1. How to Buy Wholesale (Sourcing) how to buy and sell wholesale
Common setups include Escrow (funds held by a third party), Letter of Credit (bank-guaranteed), or Net Terms (payment due after 30, 60, or 90 days).
You generally need a Reseller’s Permit or Sales Tax ID to buy tax-free and prove you are a legitimate business. 2. How to Sell Wholesale (Distribution) Wholesale involves moving large physical quantities
Search B2B marketplaces like Alibaba (Asia), Faire (North America/Europe), or Europages . Look for "red flags" such as unverified business addresses or requests for untraceable wire transfers.
Selling wholesale requires shifting focus from individual marketing to managing high-volume logistics and business relationships. Retail Buying Buying Wholesale (Resale) Buying in Bulk
Use platforms like Shopify or Amazon FBA to handle the "middleman" logistics.