Cash and carry has become quite popular in recent years, even though the term is not exactly new. Coined for the first time in the early 1900s, cash and carry is a concept in which goods are sold at wholesale prices, and customers pay for them in cash, after which they carry them away on their own.
These days, cash and carry wholesalers operate from large warehouses, where they deal directly with commercial customers such as commercial sellers and shop owners. The main difference between regular wholesale and cash & carry is that the latter does not accept credit, and it requires customers to carry away the goods themselves instead of having them shipped.
The process is simple. You drive your truck to the cash and carry warehouse, choose your wholesale bar supplies among other products and pay for them in cash. Then you can carry them away and sell them in your store.
Cash and carry is oftentimes preferred as a more “hands on” business initiative by businesses that prefer to avoid credit in the interest of maximizing their profits. Although this approach sometimes requires a long time to become as profitable as business owners want them to be, it works quite well and is considered a very solid method of operation for retailers with a lot of capital.
First Posted on: What Is a Cash and Carry Wholesaler and Why Should You Find One?
No comments:
Post a Comment