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An international distributor is not a sales representative. Instead, the international distributor purchases products and services from the US company and then resells them to customers in one or more foreign countries.
A distribution agreement, also known as a distributor agreement, is a contract between a supplying company with products to sell and another company that markets and sells the products. The distributor agrees to buy products from the supplier company and sell them to clients within certain geographical areas.
Overview. Signing a distribution agreement with a local distributor in the United States of America is one of the most common ways for foreign companies to enter the American market. It is also a great way to test whether a product can be marketed in the United States, without taking too many risks.
Consider setting up domestic distribution first. Find target regions and create a go-to-market strategy. Research and prepare to complete legal and trade certifications. Consider language translation and product market fit. Create an international distribution agreement.
Exclusive Distributor. Terms And Conditions Of Sale. Pricing. Term Of The Agreement. Marketing rights. Trademark licensing. The geographical territory covered by the agreement. Performance.
A distribution agreement is a legal agreement between a supplier of goods and a distributor of goods. The supplier may be a manufacturer, or may itself be a distributor reselling another's goods.
An exclusive distribution contract means only one distributor is appointed in a specific marketplace by a supplier. As part of the agreement, the supplier promises not to allow the distribution of the products by any other party in the given market area.
Terms and conditions of sale; term for which the contract is in effect; marketing rights; trademark licensing; geographical territory covered by the agreement; performance; reporting; and. circumstances under which the contract may be terminated.