How do you structure a reseller agreement?
Things to Include in a Reseller Agreement
- Agreement and effective dates.
- Names and relationships of parties.
- Appointment of reseller.
- Purchase orders.
- Accepting, modifying, rejecting, and canceling purchase orders.
- Provision of products and replacement or repair of defective ones.
- Delivery of products.
What is a resale agreement?
A reseller agreement typically refers to an arrangement between someone supplying goods (often known as the wholesaler) and another party selling the goods to a third party or the general public (the reseller). Under a reseller agreement, the reseller agrees to sell the products on behalf of the wholesaler.
What should I look for in a reseller agreement?
The crucial terms the agreement should cover include:
- Provider and reseller rights and obligations.
- Intellectual property ownership.
- The type of agreement—exclusive or non-exclusive.
- Payment terms and renewals.
- Applicable laws.
- Software updates and maintenance.
- Performance requirements for exclusive agreements.
What is a master reseller agreement?
The value-added reseller agreement is a type of agreement where the reseller can sell what’s authorized along with additional products and services “adding value” to the total deal. A master reseller agreement is one where the same framework is used and applied to many different products or entities.
What is the difference between a distributor and a reseller?
The distributor usually buys directly from the manufacturer, holds inventory of the product, provides after-sale services, and resells the product to resellers and sometimes directly to end users. Resellers generally only sell to end users or wholesalers.
What is the difference between reseller and agent?
Agents promote and sell products with the SimplyCast branding rather than their own. A reseller partner runs their own white-label version of the SimplyCast platform under their branding. A reseller runs the business as their own and earns a monthly revenue from every dollar that their customers pay.
What is a purchase resale?
What are purchases for resale? Purchases for resale are the direct costs attributed to the production of goods sold by a business. Included in this is the cost of buying stock for resale or the cost of buying materials for the production of goods.
What is purchase for resale Costco?
For resale, Costco.com requires the appropriate resale certificate from the state where shipment was delivered. For exempt organizations, such as schools and nonprofit organizations, most states require that purchases be made with a credit card in that name of the tax-exempt business or agency.
What is an example of a reseller?
Most resellers are retail organizations. These include grocery stores, department stores and specialty stores, such as home improvement or pet supply stores. There are many different types of retailers, from Wal-Mart to Macy’s to the boutique on Main Street.
What is an agency reseller?
Reseller Agent means a person or entity that Reseller appoints to market, promote or re-sell Services on behalf of Reseller.
What is a software as a service agreement?
A SaaS contract is similar to a licensing agreement. Instead of providing a physical CD or download of a product, a SaaS purchase agreement licenses the right for another business to use the software through the cloud. The customer can only use the software in line with the terms of their subscription.
Are resellers legal?
Generally, it’s not illegal to resell an item that you have legitimately purchased. Once you have purchased something at retail it is yours to do with as you choose. If you’re using manufacturers’ logos to advertise the products you’re reselling, you need their permission.