The Economics of Wholesaling Basic Needs for the Businessman


Sometimes most people don't realize that wholesaling of basic needs can become a powerful tool in the field of economics.  How?  One thing you've got to remember about wholesaling are the following:
  • You sell LOWER prices.
  • There is LOWER inventory cost.
  • People by the bulk so you earn MORE.
  • You get to target MORE customers.

Well here's how it can work... and here are some examples I can see could make the wholesaler a big player:

1.) Selling of rice, corn, wheat or any agriculture food products by the sacks
  • Rice grain and corn grits can be sold to restaurants, convenience stores, retailers, groceries, hotels, canteens, schools and factories to name a few.  Since these are fiercely competitive industries, selling to one competitor after the other and telling them that their competitors are now purchasing, it will be a big bargain because of huge consumption.  The household only has a few members, target where there's more!
  • Flour can be sold to the bakeries and vegetarian stores.  Whole wheat flour and general flour are used for making gluten or vegetarian meat.  The more bakeries targeted, the more powerful a firm can be.

2.) Selling of distilled water by the barrels
  • These are not only limited to households but also to restaurants, hotels, canteens and schools.  Everybody drinks water don't they?

3.) Selling of apparel
  • They can be sold to the hotels, retailers, hotels, restaurants and factories.  After all, these establishments would be ordering t-shirts to give away as souvenirs don't they?  
  • To the malls- well that's where clothes are sold at retail prices.

I guess that's the only thing I can speak for the economics of wholesaling for now.

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