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A reseller is generally less closely associated with the manufacturer, and sometimes does not have a direct relationship with the manufacturer as it generally buys products from distributors. Resellers usually do not keep inventory of product or provide after-sale services.
A Value Added Reseller (VAR) is the IT solutions provider model that really started Day One in IT. It's a company that historically focuses on selling hardware (and sometimes software) from vendors like Cisco, HP, etc. It also sells maintenance contracts on top of the hardware, and sells professional services projects.
Every Premier League fixture has a Video Assistant Referee (VAR), a qualified referee who watches the match via a number of screens and can view slow-motion replays, enabling them to advise the on-field referee.
A reseller is a company or individual (merchant) that purchases goods or services with the intention of selling them rather than consuming or using them. This is usually done for profit (but could be resold at a loss).
Distributor and reseller agreements: what you need to knowGet legal advice before signing a sale and purchase agreement.Specify the products and the territory.Exclusive or non-exclusive.Duration.Orders, prices and payment.Sales targets.General obligations.Intellectual property.More items...
added reseller (VAR) is an organization that is usually part of a sales channel for an original equipment manufacturer (OEM).
A VAR agreement is a legal contract between a manufacturer and a value-added reseller that specifies the rights and obligations of both parties. A VAR purchases a product from a manufacturer, adds value to that product in some way and then resells the product as its own.
exclusive product reseller agreement between a supplier and a reseller, drafted in the supplier's favour. This Standard Document includes key obligations of both parties, the supplier's intellectual property (IP) rights and commonly used warranty and indemnification provisions.
The profit for a VAR business is typically at sourcing. Distributors run promotions and deals, that help the VARs make their money. For example, a distributor may offer one laptop free on the purchase of 10, free shipping or bulk deals.
The Basics. VAR stands for video assistant referee. Instead of just one person, a team of three people work together to review decisions made by the main referee. They do this by watching video footage of the relevant occurrences.