WIGMORE TRADING LTD, 5TH FLOOR, MULLINER TOWERS, FORMER NNPC BUILDING 39, ALFRED REWANE WAY, IKOYI LAGOS

HOURS: 6 AM -4 PM PST M - TH; 6 AM - 3 PM PST FRI

+234 1 2934174 +234 1 2934176

Importance of wholesalers in Africa- Why you should invest in wholesale distributors
Get in touch on Whatsapp now:

Importance of wholesalers in Africa- Why you should invest in wholesale distributors.
In this article, we will be exploring the importance of wholesalers in Africa and why you should invest in wholesale distributors.

Wholesaling is one of the oldest trades and is a crucial part of any industry. A wholesaler provides a link between the producer and the retailer by purchasing goods from producers and then reselling them to retailers. In Africa, there are only a handful of good wholesalers who can compete with international competition. They provide retail outlets with products that they would not otherwise have access to. Retailers benefit from discounted prices and an increased revenue due to their unique product range. It’s safe to say that without wholesale distributors, most small businesses in Africa would struggle. Hence, it is essential for any investor looking to set up business in this continent to invest in wholesale distributors before they can hope to flourish in Africa.

Wholesalers, what are they?
Wholesalers are vital in any industry. They provide a link between producers and retailers by purchasing goods from the producer then reselling them to the retailer. In Africa, there are only a handful of wholesalers that can compete with international competition. When wholesalers buy products from producers, they get discounted prices due to the size of their order. This means that retailers benefit from cheaper prices and increased revenue because they have access to an extended product range. It’s safe to say that without wholesalers, most small businesses in Africa would struggle. Hence it is essential for any investor looking to set up business in this continent to invest in wholesalers before they can hope to flourish in Africa.

Importance of wholesalers in Africa
Wholesaling is one of the oldest trades and is a crucial part of any industry. A wholesaler provides a link between the producer and the retailer by purchasing goods from producers and then reselling them to retailers.

In Africa, there are only a handful of good wholesalers who can compete with international competition. They provide retail outlets with products that they would not otherwise have access to.

Retailers benefit from discounted prices and an increased revenue due to their unique product range. It’s safe to say that without wholesale distributors, most small businesses in Africa would struggle. Hence, it is essential for any investor looking to set up business in this continent to invest in wholesale distributors before they can hope to flourish in Africa.

Why you should invest in wholesale distributors in Africa

It’s one of the oldest trades in the world. It’s a crucial part of any industry in the world. And it’s important in Africa, too.

Wholesalers provide a link between producers and retailers by purchasing goods from producers and then reselling them to retailers. They are integral to retail businesses in Africa since many small businesses there have limited access to products they can’t get themselves. Also, wholesale distributors provide discounted prices to retailers which helps them make more money and gives them an increased revenue due to their unique product range-something small shops wouldn’t be able to offer on their own.

So, why should you invest in wholesale distributors? Because without wholesalers, most small business owners in Africa would struggle. Your business needs wholesale distributors before it can hope to flourish in Africa!

Conclusion
If you are a company who is looking to expand and grow your brand, wholesalers are the best way to do this. Wholesalers give you the opportunity to sell your product at a reduced rate and to make a profit without having to make an investment in inventory. You can also use them as a means for exporting products to other countries.


Back to News

No Comments Yet.

LEAVE A COMMENT

VISIONARY, BOLD, DISRUPTIVE

Each month, Wigmore team of experts contribute to the latest insights and analysis, setting the agenda and leading the discussion on unlocking capital so you can put it to work.

Buy and Export Oscilloscopes from China with Wigmore Trading

Oscilloscopes are essential electronic test instruments used across industries such as electronics manufacturing, telecommunications, automotive engineering, research laboratories, and education. As global demand for affordable and reliable test equipment continues...

Read More

Buy and Export Knit Gloves from China with Wigmore Trading

China remains one of the world’s leading manufacturing hubs for knit gloves, supplying global markets across Africa, Europe, the Middle East, and the Americas. For importers, wholesalers, and distributors, the...

Read More

Buy and Export Cleaning Products from China with Wigmore Trading

China remains one of the world’s leading manufacturing hubs for cleaning products, supplying everything from household detergents and disinfectants to industrial and institutional cleaning solutions. For importers, wholesalers, FMCG distributors,...

Read More

Buy and export Portable Lighting from China with Wigmore Trading

Portable lighting is in high demand across Africa and other emerging markets – from construction sites and small shops to off-grid homes and outdoor events. Importers and distributors who can...

Read More

Buy and export Glass Mirrors from China with Wigmore Trading

Sourcing glass mirrors from China can unlock competitive prices, a wide range of designs and the scale you need for regional or global distribution. But factory selection, quality control and...

Read More

Wigmore Trading, FMCG Distributors, Wholesale and Logistics in Lagos, Nigeria. Abuja & West Africa. | Wigmore Trading Nigeria | Wigmore Trading Nigeria

WhatsApp Chat