Fair trade wholesale offers fair prices to manufacturers in disadvantaged countries or groups, often specializing in specialty items made by small private companies. It aims to help independent producers out of poverty and encourages environmentally safe practices. Consumers can support economically disadvantaged groups by choosing fair trade products.
Fair trade wholesale is the partnership between wholesalers and manufacturers of goods from disadvantaged countries or socioeconomic groups. The products sold are often specialty items made in-house or produced by small private companies. Organizations that specialize in wholesale Fair Trade offer what they consider a fairer price for products than a traditional wholesaler. They work with retailers interested in promoting fairer business practices and offering customers a product that supports economic equity.
Many fair trade companies partner with manufacturers of goods in third world countries. The distributed products come from farmers and artists who live in poor regions of continents such as Latin America and Africa. If these producers try to sell their products in the traditional way, they may be offered a price that does not support a minimum standard of living. Fair Trade Wholesale seeks to pay a fair price in light of local country market conditions.
One of the goals of fair trade is to help smaller, independent producers get out of poverty. There are some wholesale companies that target goods created and manufactured by women. Historically, the economic status of women has been lower than that of men, even in industrialized nations like the United States. When retailers agree to buy Fair Trade products, they are helping to remove some of the barriers that prevent disadvantaged groups from achieving upward mobility.
Products distributed through fair trade typically carry a label so consumers can make an informed choice to support producers who are part of an economically disadvantaged group. The power behind consumer spending is strong enough to influence whether a product is carried inside a store. If the volume of sales is not sufficient to justify carrying a product line or if the retailer is unable to make sufficient profits, that line could very well be discontinued.
In addition to promoting the economic well-being of groups of people who find it difficult to earn a sustainable wage, fair trade also encourages environmentally safe practices. Attempt to ensure that manufacturers do not use child labor or use unsafe labor practices. Wholesalers want to establish long-term bonds with suppliers and look for manufacturers who offer opportunities for advancement across all social groups. Additionally, Fair Trade wholesalers want their suppliers to be willing to take responsibility for their business and its actions.
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