RESELLER Meaning and
Definition
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A reseller, also known as a dealer or distributor, refers to an individual or business entity that purchases products or services from a manufacturer or wholesaler and then sells them to end consumers or retailers. They act as intermediaries between the original producer or supplier and the final buyers.
Resellers operate in various industries and can specialize in a specific product category or offer a diverse range of goods. They typically acquire products in bulk or at a discounted price from manufacturers or wholesalers, and then mark up the price to make a profit when selling them to retailers or end consumers.
Resellers play a significant role in the distribution chain as they help manufacturers expand their market reach by making products available to consumers in different locations. They often have extensive networks and established relationships with retailers, allowing them to distribute products efficiently and effectively.
Moreover, resellers provide valuable services like product promotion, marketing, and customer support. They may also offer additional services such as installation, repairs, or warranty services, enhancing the overall value proposition for customers.
With the growth of e-commerce and online marketplaces, the concept of reselling has expanded, encompassing individuals or businesses that purchase products or services in bulk and sell them through online platforms. These online resellers leverage various digital marketing techniques to reach a wider audience and drive sales.
Common Misspellings for RESELLER
Etymology of RESELLER
The word "reseller" is derived from the combination of two words: "re" and "seller".
1. "Re" is a prefix derived from Old English and more specifically from the Latin word "re-" which means "back" or "again". In the context of "reseller", it implies doing something again or repeating an action.
2. "Seller" comes from the Old English word "sellere", which originated from the Old English word "sellan" meaning "to give, deliver, exchange, sell".
When combined, "re" indicates the repetition or act of doing something again, while "seller" refers to someone who sells or exchanges goods or services. Thus, a "reseller" is an individual or business who sells goods or services, usually purchased from a manufacturer or another distributor, to end customers.
Similar spelling words for RESELLER
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