What is difference between reseller and OEM?

OEM means ‘Original Equipment Manufacturer’, which, as the name suggests, refers to the manufacturer of a product. A ‘Reseller’ is a dealer or distributor who buys the product from an OEM and sells it at a higher price.

What is a white label reseller agreement?

A White Label Agreement is a contract between a reseller and a manufacturer. It governs the manufacturer’s production process and also sets out the terms under which the reseller may brand the manufactured products.

What is white label agreement?

A white label agreement is one that is created for the purpose of manufacturing of generic products by one party to be branded for and sold by another party.

What is an OEM agreement?

An original equipment manufacturer, OEM, agreement is used by a company that takes components of products from one or more companies in order to build one product which it then sells under its own brand and company name.

What does reseller agreement mean?

A reseller agreement can mean something different depending on who you ask. Typically, these are agreements where a vendor contracts with a reseller to allow them to sell the vendor’s product or services to a third-party. There is the potential for misunderstandings if the wrong terms are included in the agreement.

What are the different types of resellers?

Types of resellers

• Wholesaler. A wholesaler is usually a big organization that offers to buy a company’s product and sell it to retail outlets.
• Retailer. The retailer buys products from the wholesaler or distributor and sells those products in small quantities to customers.
• Distributor.

What is White Labeling vs private labeling?

Private label is a brand sold exclusively in one retailer, for example, Equate (WalMart). White label is a generic product, which is sold to multiple retailers like generic ibuprofen (Advil).”