In the world of business, one of its major players are wholesalers and retailers. When we speak of wholesalers these are individuals or companies who are selling products in bulk to various outlets or retailers for onward sale, either directly or through a middleman. And are usually sold at a lower price as they are selling in bulk thus lowering the cost of other expenses. While a retailer sells products directly to their customers for a profit. The retailer may be the manufacturer of the product or may acquire relevant products from a distributor or a wholesaler.
In most cases, both parties often would work together as wholesalers would want to sell their products to retailers, or retailers tend to get some of these stocks from wholesalers. It is a business partnership that has worked for years. With a retailer agreement, this will establish a great working business relationship between both parties. Make sure that they are in sync with the terms and conditions of their collaboration. To learn more about this let us discuss this further below. To help you prepare a retail agreement for your business, we’ve got a list of comprehensive retailer agreement samples that are downloadable for free, don’t forget to check it out now!
10+ Retailer Agreement Samples
1. Retailer Agreement Template
2. Advertising Agency Retailer Agreement Template
3. Authorized Retailer Agreement
4. Retailer Agreement
5. Retailer Employee Training Agreement
6. Sales and Marketing Retailer Agreement
7. E-Retailer Authorization Agreement
8. Retailer Purchase Agreement
9. Authorized Online Retailer Agreement
10. Retailer Sales Agent Agreement
11. Non-Exclusive Retailer Agreement
What Is a Retailer Agreement?
If you want a retail store to help you sell your products, then a retailer agreement is needed to make sure you are in sync when it comes to the pricing, inventory, shipping, payment, and other important details. It is important to establish an agreement so both parties are aware of their obligations and responsibilities. More importantly, an agreement will serve as a reference in case there is a need to clarify any disputes or misunderstandings during the course of the business partnership.
For both parties, executing a retailer agreement can be beneficial in a way for wholesalers this will give them an opportunity to display their products/items on the shelves of retail stores or businesses and it is much cheaper for retailers to purchase wholesale products and then sell these for retail. And for retailers, a wider range of products would attract a more diverse clientele.
How To Create a Retailer Agreement?
A retailer agreement describes how both parties are to go about this business. Prior to the execution of the agreement, both parties are advised to discuss what is needed such as the products to be provided, pricing, how many stocks are needed, and all that. Once they come into an agreement, this should all be put into writing to make this valid and binding. If you wish to create a retail agreement, take note that every agreement is different depending on the particulars of the product and other things, but it should contain the most common elements such as the following below.
I. Contact Details
The names/business names and addresses of both parties must be included in the document.
II. Products To be Sold
Description of each item to be sold, or to be purchased by the retailer. Include how many stocks are to be provided.
Describe how the stocks will be transferred from one party to another, as well as who will shoulder the cost of the shipping.
Indicate how the pricing scheme will be and other fees to be collected.
V. Payment Terms/Method
State how payment will be provided (in cash, cheque, credit card) and when shall it be provided by the other party.
VI. Returns and Claims Policy
Describe how refunds and returns are established, in terms of damages, defective or due to incorrect products.
The agreement may be terminated by either party at any time and for any reason upon the giving of thirty (30) days prior written notice to the other party.
VIII. Limitations on Retailer’s Sales of the Products
Indicate how the retailer is not allowed to sell the products to any other third party, wholesaler, or reseller that would resell the products to any party, and not to market or sell the products through any auction websites using a bidding process. Should the retailer need to sell the products below the original retail price, the wholesaler must be given advanced notice of the change.
IX. Other Details
You may want to include a confidentiality policy, indemnity, insurance, claims, and warranties, how the taxes and other expenses are to be paid, and lastly, the signature of both parties must be in the contract.
What Is a Retail Installment Contract?
This is a type of contract for a sale of goods where the client pays in installment and the seller retains title to or a security interest in the goods.
What Is a Service Agreement?
A service agreement is a written contract between a client and service provider that outlines the services that will be provided as well as the corresponding fees.
What Are Examples of Popular Retail Stores?
Some well-known retail stores are Walmart, Amazon, IKEA, Target, and many more.
A retailer agreement will help clear unwanted expectations between both parties and ensure they are able to retain a productive and successful business relationship.
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