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Welcome to the world of wholesale business! In this lesson, you'll learn the fundamentals of wholesale operations.
Wholesale business is all about buying products in bulk from manufacturers or distributors and selling them to retailers or other businesses at a markup.
Key concepts we'll cover:
- Understanding the wholesale supply chain
- Identifying profitable product niches
- Building relationships with suppliers
- Setting competitive wholesale prices
- Managing inventory effectively
By the end of this course, you'll have a solid foundation to start and grow your own wholesale business.