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In procurements, an exclusive right to sell agreement can be signed between a supplier and a buyer, where the supplier agrees not to allow any other entity or individual apart from the buyer to purchase their products for a specified period.
Begin with an introductory sentence that includes the name of your business and that you are interested in distributing the supplier's products. Note how long you have been in business, your annual sales volume, and the geographical area or areas in which you are currently operating. Include names of current suppliers.
Identify your target market. ... Contact distribution firms that operate within your designated market. ... Prepare a report in which you project product sales. ... Agree on a price. ... Discuss entering into an exclusivity agreement with the distributor. ... Sign a distribution contract.
A distributor buys your products from you and sells them to their customers, including local retailers or consumers. In some cases, they also sell to wholesalers. Distributors usually have a broad range of items, so they may carry goods or products that are complementary to yours.
Here are six steps you can take toward becoming a distributor: Identify your industry. The first step to becoming a distributor is identifying the industry you'd like to serve. ... Register your business legally. ... Seek suppliers and manufacturers. ... Plan your logistics. ... Apply as a distributor. ... Build relationships.