A wholesale account is an arrangement where a business purchases products in bulk directly from a manufacturer or distributor at a discounted price. The business then resells these products to its customers at a retail price, thereby making a profit. Wholesale accounts are typically established with the intention of buying and storing inventory in larger quantities.
Bulk Purchases: Wholesale accounts involve purchasing products in larger quantities. Luggage can be purchased blank or competed with a customized graphic.
Inventory Management: Businesses with wholesale accounts are responsible for storing, managing, and distributing the inventory they purchase.
Shipping: With a wholesale account, the business handles its own shipping and fulfillment processes.