My relevant experience derives from restaurants that also sell bulk foods. My late wife might order and sell special or bulk items at cost usually to regular customers. She more than reconciled this expense by the extra guests (good will) referred by the satisfied customer.JT Smith said:I asked a small, local, family run market to order a bunch of bottles of a food item that they don't stock. They are nice people and were happy to do it. When I went to pick them up I discovered that they charged me the wholesale price. Isn't wholesale what they would pay for it? Did they do this for free or do they pay below wholesale?
Concur. Before supermarkets, grocer's formed the backbone of local community, supplying vital foodstuffs at reasonable prices that kept people alive. Local supermarkets and farmers' markets sometimes keep this tradition alive with a mission to feed people on budgets.JT Smith said:The grocery folks restored my faith in people. Some people are good.
They trusted you to come back and pay for the stuff they ordered for you, and they showed you the receipt on what they had to dish out of their pocket ahead of time.JT Smith said:So it seems reasonable and not too surprising that there must be profit built into what my local place is calling wholesale
Maybe you gave them faith in return.Walmart buys in large bulk quantities, not 2 or 3 items at a time.JT Smith said:The grocery folks restored my faith in people. Some people are good.
Wholesale pricing refers to the cost at which a manufacturer or distributor sells products to retailers, who then sell the products to consumers at a higher price. This price is typically lower than the retail price because it is intended for bulk purchases.
Wholesale pricing is generally lower than retail pricing because it is intended for bulk purchases by retailers who then sell the products to consumers at a higher price. Retail pricing includes a markup to cover the retailer's costs and profit margin.
Typically, wholesale pricing is reserved for businesses that buy in bulk. However, some wholesale clubs or direct-to-consumer brands may offer wholesale prices to individual consumers, usually with a membership fee or minimum purchase requirement.
Several factors can influence wholesale pricing, including production costs, the volume of the order, market demand, competition, and the relationship between the manufacturer and retailer. Economies of scale often allow for lower prices on larger orders.
Yes, retailers can often negotiate wholesale prices, especially if they are placing large orders or have a long-standing relationship with the supplier. Negotiation can result in discounts, better payment terms, or additional services.