If it’s selling and buying old video games at garage sales, or sourcing items to sell online Reselling has been utilized by a lot of individuals as a viable method to earn money. If you’re looking for more than a quick buck, retailing might be a better option.
A retailer purchases goods from a distributor or wholesaler and then sells them for a higher cost to the consumer. This can be done using marketplaces on the internet like eBay or Amazon or traditional brick-and-mortar stores. Retailers may also offer a variety of additional services, such directory a customization or technical support.
Resellers purchase products, then and then resell them at a reduced price to the buyer and often offer the product at less than the original price. Resellers can be found in every industry and tend to be less focused on customer service than retailers. They also can rebrand products or repackage them using private labels and sell directly to consumers or retailers.
Resellers are more focused on selling products to other businesses, rather than retailers. This is especially beneficial for businesses with limited capital to invest in large quantities of products. Retailers can offer an array of products and services in one location, while resellers typically focus on selling specific products to customers.
