A Glossary of Common Product Sourcing Terms

If you are considering buying products wholesale, it's a good idea to familiarize yourself with common industry terms. That way you won't find yourself in a situation where you're agreeing to something that you thought meant something else! Here is a list of some of the most common terms you'll come across when trying to source products: Backorder - A product that is unable to ship because of a lack of inventory. Bulk - Items that are sold in large quantities. Typically, bulk merchandise is... Read more »