A business or individual that purchases products for resale to end consumers.
Reseller
A reseller is a business or individual who acts as an intermediary between a producer (vendor) and the end consumer. They purchase products or services in bulk at wholesale prices and then sell them at a markup to their own customer base. Resellers play a crucial role in distribution channels by:
- Reaching a wider audience: Resellers often have established customer relationships and expertise in specific markets, allowing them to effectively reach end consumers that the original producer might not have direct access to.
- Providing value-added services: Some resellers go beyond simply selling products. They might offer additional services like:
- Customization of products to meet specific customer needs.
- Technical support to assist customers with installation or troubleshooting.
- Bundling complementary products together for a more attractive offer.
Examples of Resellers:
- Retail stores: Electronics stores that sell smartphones, laptops, and other gadgets from various brands are resellers.
- Software vendors: Businesses that sell software licenses obtained from a manufacturer are considered resellers. They might offer installation and configuration services as well.
- Value-added resellers (VARs): These resellers specialize in customizing and integrating software or hardware solutions for specific customer needs.
Reseller Programs:
Many manufacturers and vendors have reseller programs that offer benefits to resellers, such as:
- Discounted pricing on products or services.
- Marketing and sales support to help resellers reach their target audience.
- Training and certification programs to equip resellers with product knowledge and expertise.