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In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, usually directly from the manufacturer or source, at a discounted rate. The retailer then sells the goods to the end consumer at a higher price making a profit. [1]
The company's primary product is a minimalist wallet made from materials such as aluminum, titanium, and carbon fiber. It features technology to prevent electronic pickpocketing and RFID skimming. [7] Ridge Wallet has consistently been featured in the best of lists. [8] [9] The company also sells bags, phone cases, and knives. [5]
Bulk purchasing also enables greater resilience, such that bulk buyers are able to build stockpiles of necessities. During the COVID-19 pandemic, bulk purchasing also contributed to better health outcomes by decreasing the overall number of trips to the grocery store, thus lessening opportunities for exposure to SARS-CoV-2. Since lower-income ...
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