How to start a reselling business
Buying and reselling products produced by other companies offers many business opportunities for you. By selling ready-made products in your own shop, you can quickly build a business without having to develop your own products.
Get to know more about reselling and its benefits for your business.
Do you want to make use of the many opportunities offered by reselling and find out how to get started?
Here are 3 steps to starting your reselling business:
Choose which products you want to sell
The first step to a successful reselling business is choosing what products you want to sell. Finding the right products for your company is crucial for success.
There is a large variety of products available for reselling. In order to be successful in your venture, you should consider your own expertise, your target group, and current developments in the different markets when choosing which products you want to sell.
Take a look at some examples of products you could sell in your shop
Get a reseller’s permit
To enable you and your customers to properly pay taxes on your sales, you need to register your business and obtain a reseller’s permit from your government’s tax department. This way, you will avoid being fined for reselling a large number of items without paying sales tax.
For more detailed instructions on how to obtain a reseller’s permit, look at your local regulations.
Become an authorized seller of branded products
Once you have your reseller’s permit and have chosen which products to sell, you can get started with your business. There are different ways to become an authorized seller of a product.
- Check out company websites
If you’re looking to sell products from a specific brand, a great point to start is to check out the company’s website. Many companies have a dedicated website for B2B customers explaining how to become a distributor of their products.
- Look at online directories
You can also look at online directories such as worldwidebrands.com to find products to resell. These pages have a large selection of items available for reselling and provide you with direct access to whole sellers.
- Ask for referrals within your own network
If you already know someone who has a reselling business, it is always a good idea to make use of those connections and pick their brains on where they source their products.
Become a reseller of frient smart home products
If you are looking to resell smart home devices, take a look at the frient product line.
frient offers high-quality Zigbee-based smart home devices. Designed in Denmark, the frients are mature, reliable, and high-quality products. All sensors are Zigbee-certified and based on more than 10 years of experience in developing IoT devices.
The frients are easy to install and require little maintenance – so they won’t create trouble i.e. customer complaints about your reselling business.
Becoming a reseller of frient products is simple. Just follow these steps:
- Fill out the form on our distributor page to get in touch with us.
- We will set up an introduction meeting to discuss the cooperation.
- We will get back to you with more details about the products and prices.
- Sign a distributor agreement.
- Order your first round of products.
- Start selling frient devices.