resale

A reseller is a company or individual (merchant) that purchases goods or services with the intention of selling them rather than consuming or using them. Individual resellers are often referred to as middle men. This is usually done for profit (but can be done at a loss). One example can be found in the industry of telecommunications, where companies buy excess amounts of transmission capacity or call time from other carriers and resell it to smaller carriers. Resale can be seen in everyday life from yard sales to selling used cars.
According to the Institute for Partner Education & Development, a reseller's product fulfillment–based business model includes a corporate reseller, retail seller, direct market reseller (DMR), and an internet retailer (eTailer); less than 10 percent of its revenue comes from services.

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  1. G

    Resale Value

    I'm starting to think about the next car so did an online valuation of my three year old MG5 LR Exclusive. I was expecting to see a decent drop, but was taken aback to see that it's worth around £12,000 now. Down from £28,000 when new - ouch... Not great for me if/when I sell, but man - what a...
  2. johnb80

    At The end Of The PCP Contract

    We have a way to go yet (3+ years) but already our MG5 is getting prices less than the guaranteed minimum price. Do MG allow negotiatio0n i.e. our guaranteed minimum value is £16k at 4 years and 24,000 miles. WBAC, Motorway and some others are only offering 13K now at 8 months and 3,500 miles...
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