Archive for: November 2009

If you are buying or selling anything on the web you are aware of the advantages Paypal and companies like it offer. A reasonably priced and simple alternative to merchant accounts. Paypal has become nearly irreplaceable to online charities and businesses alike. In fact, payment processors like Paypal are often the only choice for new businesses since merchant accounts require extensive security information and prohibitively high initial fees.

When new small business people enter the online and traditional resell world one problem they often face is an elaborate and often confusing set of new terminology. GetThatWholesale wants to help. As part of a new effort to provide information helpful to retailers we offer this brief list of term commonly used in the wholesale industry. Look for more in future posts.

The wholesale industry is now so thoroughly focused on the web, it is easy to forget about an important niche for many wholesale businesses, the flea market. The curious and rather repellant term is a translation of the French Marché aux Puces, a large, outdoor bazaar in Paris. This market was given its name by the unhealthy conditions and vermin infested goods it was rumored to sell.

Pet supplies has been one of the fastest growing niche retail markets for several years. The overwhelming success of the retail chain Petco is a testament to the economic prowess of puppies and the people who love them, as is the fact that more than half of all American homes have at least one dog or cat.

A more practical eye looking to substantiate this claim should consider that by the end of this year retail pet supply’s sells are expected to top $50 billion.