Wholesaling is the act of buying goods in bulk from a manufacturer at a discounted price and selling to a retailer for a higher price, for them to repackage and in turn resell in smaller quantities at an even higher price to consumers. It’s a B2B business strategy where businesses will buy some goods from the manufacturer at a lower price and sell the goods to the retailer at a high price.
1) T-shirt’s normal price is $10. The wholesaler can buy it at $8 cost but the minimum quantity will be 50.
2) As a normal customer, You can purchase a plastic pot at $20 price. But if you are a wholesaler you can purchase it at $15 with the minimum quantity of 100.
Below are the steps to create a Volume Discount.
Go to Apps -> Offers -> Create Offer
=> Select Wholesale Discount and Create Offer
=> Set your order details like Offer Name, Description, Priority, Status and schedule the offer.
=> Select you Wholesale Type like
After select Wholesale Customers Type
=> Now you have to Select Discount Type & Cart Discount Rule