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A reseller is a company or individual that purchases goods or services with the intention of onselling them rather than consuming or using them. This is usually done for profit (but could be onsold at a loss). One example can be found in telecommunications, where companies buy excess amounts of transmission capacity or call time from other carriers and resell it to smaller carriers. A company is, in general, any group of persons, which are known as its members, united to pursue a common interest. ...
A good in economics is any physical object (natural or man-made) or service that, upon consumption, increases utility, and therefore can be sold at a price in a market. ...
Services are: plural of service Tertiary sector of industry IRC services Web services the name of a first-class cricket team in India This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ...
Telecommunication is the transmission of signals over a distance for the purpose of communication. ...
Another example of this occurs on the Internet where individuals or companies act as agents for ICANN accredited registrars. They either sell on commission or for profit and in most cases, but not all, the purchase from the registrar and the sale to the ultimate buyer occurs in real time. These resellers are not to be confused with speculators, who purchase many domain names with the intention of holding them and selling them at some future time at a profit. Resellers, by the very nature of their business are retailers. Agency is an area of law dealing with a contractual or quasi-contractual relationship between at least two parties in which one, the principal, authorizes the other, the agent, to represent her or his legal interests and to perform legal acts that bind the principal. ...
ICANN (pronounced I can) is the Internet Corporation for Assigned Names and Numbers. ...
Registrar may refer to: In education, a registrar or registry is an official in an academic institution (a college, university, or secondary school) who handles student records. ...
It has been suggested that Real-time computing be merged into this article or section. ...
Speculation is the buying, holding, and selling of stocks, commodities, futures, currencies, collectibles, real estate, or any valuable thing to profit from fluctuations in its price as opposed to buying it for use or for income - dividends, rent etc. ...
In commerce, a retailer buys goods or products in large quantities from manufacturers or importers, either directly or through a wholesaler, and then sells individual items or small quantities to the general public or end user customers, usually in a shop, also called store. ...
Another common example on the Internet is in the web hosting area, where a reseller will purchase bulk hosting from a supplier with the intention of onselling it to a number of consumers at a profit. Web hosting is a service that provides individuals, organizations and users with online systems for storing information, images, video, or any content accessible via the Web. ...
Also a domain reseller is as it sounds, you buy a domain then resell it at a higher price |