The supply chain of online buying and selling could be an exhaustive task when it comes to the wholesale global marketplaces. The two distinct cases of buying wholesale and selling wholesale on Amazon are however two different phenomena but are penetrating to each other. The manufacturers, wholesalers, suppliers, and resellers are the most important parts of this penetrating supply chain. Each stakeholder is making efforts to move his inventory to the next stage and finally to the reseller so that the end-users would be using the product creating a demand on its usage.
So, those who are unable to get a clear picture of this phenomenon or seek information on how this global model is working, are often misled by the wrong information and are unable to make any decision. Here is exactly what happens from the point of production to the point of making selling the product to the end-user.
Difference between Global wholesale markets and Amazon wholesale
One should be clear about the above two marketplaces. Global wholesale markets or simply known as wholesale markets are those marketplaces that are producing in bulk and reselling either to the suppliers or reseller in bulk quantities. These marketplaces have very low rates for products and only sell in bulk quantities. For example, Alibab.com is a wholesale marketplace where manufacturers are selling their products at the least rates. The MOQs (minimum order quantity) set by the manufacturers are in thousands of units at low rates.
On the counterpart, Amazon wholesale is a business model offered by Amazon to its seller, in which any seller can contact a brand manufacturing the product or selling the product in bulk quantities, get their permission to sell that product and buy in bulk from that manufacturer and sell that product on Amazon. When the seller will be selling at Amazon with the wholesale model, the price would be much high as compared to the wholesale marketplace and would be offering retail sales. Any buyer can get to Amazon and can purchase a minimum of one item for the Amazon wholesaler.
Benefits of Buying from Wholesale Marketplaces
However, analyzing the suppliers and wholesalers in wholesale marketplaces is a critical task, but once you find the right supplier, the process of sourcing your product is an easy and enjoyable task.
The most appealing benefits of buying wholesale are as below:
- Buying effectively
- Cheapest prices
- Flexible orders
- Progressive discounts
- Doorstep delivery
Sourcing of the Wholesale
Once the supplier is set and payment is made which is most of the time made secured and safe by the online wholesale market by keeping the payment in escrow (keep the money with itself) unless the inventory is delivered. In case of delays or any other complications, the buyer has the right and access to the customer support system and can ask and get clarifications from the wholesaler and supplier as well. At the other side, with Amazon wholesale, you can either keep your inventory at Amazon store or at your own store.