It could be buying and selling old video games at garage sales, or sourcing items for sale online, the reselling model has been used by numerous people as a way of making money. Retailing is an excellent alternative if you’re looking to make more than the cost of a quick money.
A retailer purchases goods from a wholesaler or distributor http://resellerassociation.com/difference-between-a-retailer-and-reseller/ and then sells them to the final customer, usually at more than the original price. This can be done via online marketplaces such as eBay or Amazon or traditional brick and mortar stores. Retailers often also offer a variety of services that are value-added, such as customization or technical support.
Resellers, on the other hand purchase products and resell them to the end user, often at a lower price than the original cost. Resellers are in all industries and are generally not as customer-focused as retailers. They also have the ability to rebrand or repackage products with private labels and sell products to retailers or directly to consumers.
Resellers tend to focus more on reselling products to other businesses rather than retailers. This is particularly useful for companies with less capital to invest when purchasing huge quantities of goods. In addition that retailers are able to offer a wide assortment of products and services in one place, while resellers usually focus on selling a particular product to customers.