A lot of people have used the reselling model to earn money, whether they are buying and selling video games at garage sales or buying products from online. If you’re looking for more than making a quick buck, then retailing might be a better choice.
A retailer purchases goods from a distributor or wholesaler and then sells them to the end user, usually for greater prices than the initial price. This can happen through marketplaces online like eBay or Amazon as well as through traditional brick-and-mortar shops. Retailers often offer unique value-added services, such as customization, and technical support.
Resellers however purchase products and sell them to the end user, often at an amount lower than the original cost. Resellers are in all industries and tend to be less customer-focused than retailers. They also have the ability to rebrand or modify the packaging of products using private labels and sell them to retailers or directly to consumers.
Another major difference between retailers and resellers is that retailers sell to the end user, while resellers focus on reselling to other companies. This why not find out more is especially useful for businesses with a limited amount of capital to invest in buying large quantities of product. Additionally the retail stores are usually equipped to provide a broad variety of services and products in one location, whereas resellers usually focus on reselling a specific item to customers.