Wholesale 101

If you are trying to sell on Amazon you have probably come across the word Terms and thought “What exactly does Amazon mean?”, so today we are going to discuss the Different Types of Terms.To begin, “Terms” refers to a contact between two parties. Even though the meaning of Terms is the same, there are two main types of “Terms” “TERMS” TYPE 1: PAYMENTOne type of Terms that applies to the payment only and is known asPayment Terms.Let’s say you loan your friend $50 and the “Terms” are to repay i …