Definitions
These are our interpretation of trade terms and should not be considered an absolute statement of fact. |
Wholesale Lots |
| Wholesale lots would indicate lots or groupings of merchandise sold to re-sellers. These could be large or small quantities. The purchaser could be a retail store, online store, auctioneer, wholesaler, distributor, or some form of re-seller. A home based eBay seller would still be considered a re-seller. Wholesale lots can be liquidations, closeouts, customer returns, shelf pulls, or any other groupings of products intended for resale. |
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| You can establish a wholesale account to purchase wholesale lots directly from a manufacturer. Many times that requires a large purchasing commitment. Wholesale lots that are liquidations or closeouts are generally offered at prices well below wholesale. In addition they do not necessarily require large purchasing commitments. |
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