The Truth About the term “Wholesale Cost” – If you’re a new business owner, it might not mean what you think!
by Carrie Hinkel on April 4th, 2008
Many new small business owners have learned the hard way that a product’s wholesale cost isn’t always the same for everyone. They wrongly assume that the cost they’re getting from the manufacturer or distributor is the standard wholesale price, and are then shocked to see other retailers selling the same item for just a few dollars more than what their wholesale price was. Needless to say, all wholesale prices are not created equal, however, there are ways even a small retailer can level the playing field. Don’t try to compete where you can’t – Think carefully about the products you... Read more »