When people think about becoming an IT Reseller they usually imagine that they will have the opportunity to buy inventory from manufacturers at wholesale prices, then resell those items in exchange for a profit margin. However, there are many different ways to get into this industry, which can include owning or creating your own company, working part-time, freelancing, or even going out on your own selling things such as electronics, furniture, clothing, etc.. If you're looking for information on how to start your own small business selling computer related equipment online, consider reading our guide "What Is An It Reseller?"
But if you want to know more specifically about how to go about becoming a professional tech reseller, we'll walk through some key questions regarding the process. These answers should help you decide whether being a reseller is right for you before you invest any money or effort.
The price you pay to become a reseller depends largely upon the type of products you plan to offer to customers. The most basic level of entry would involve providing support services for third party products. For example, if you work with companies like Dell, HP, Lenovo, Acer, Toshiba, Samsung, Asus, Google, Amazon, Logitech, or Creative Labs, you might charge them $10 per hour plus expenses while helping them troubleshoot issues with their computers or other hardware.
You could also provide installation services by setting up new PCs for clients, installing applications, and configuring settings. Again, these jobs typically come with hourly rates for setup fees and after hours charges for maintenance. While the exact amounts vary depending upon the vendor's policies, it's likely that your rate will fall between $20-$50 per hour. If you're willing to take on larger projects where you install servers, set up networks, configure complex firewall configurations, or perform similar tasks, you may find yourself earning upwards of $100 per hour.
Of course, if you already possess specialized knowledge in certain areas (such as networking, server administration, programming) you might earn higher rates than average. You might also choose to focus exclusively on one particular type of product line, charging less to handle simple installations but earning significantly more when offering customized solutions for large corporations.
Finally, you may not need to purchase anything to begin earning income as a reseller. Instead, you might create a website dedicated solely to promoting your services and collecting payments from interested parties. This approach requires little upfront investment beyond buying domain names and web hosting space. To learn more about how to start making money with websites, read our informative article titled How Do Websites Make Money?
Yes! In fact, several successful professionals chose to turn their hobby into a career once they realized how lucrative the market was. There are plenty of examples of successful individuals who started off reselling just a few products over the internet and grew their businesses into multi-million dollar enterprises. They did so primarily by building a strong reputation within the community and leveraging social media effectively to promote their brand.
However, if you don't feel comfortable starting your own business yet, you can still build a solid foundation for success by joining an existing team. Many of the top technology brands rely heavily upon independent distributors to expand their reach across multiple continents. By signing agreements with select vendors, you can gain access to millions of consumers around the world. Plus, you won't have to worry about managing customer relationships since vendors generally handle all of the details involved with shipping orders, resolving disputes, and maintaining ongoing communications.
As long as you continue learning new skills and expanding your offerings, you should eventually grow to become a well respected member of the community. As you move forward, you'll see increased opportunities to develop new partnerships and open up additional markets for your products.
There are certainly instances where a person can successfully run a business without ever having to spend money. But most people must either purchase something to resell or hire others to carry out specific activities (like writing code). So unless you happen to have a natural talent for networking, marketing, sales, project management, or finance, chances are you'll need to put some cash down first. Still, if you follow the steps outlined above carefully, you'll soon discover that running an effective online store for consumer goods isn't nearly as difficult as you might expect.
Most importantly, remember that no matter how big or small your operation becomes, every single sale matters. That means you must treat each order as though it were your only chance to impress potential buyers. Treating them respectfully and professionally will ensure that they return again and again for future purchases. Don't forget that these same techniques apply to interacting with employees too. After all, you can never tell when someone will end up recommending your services to friends or family members.
A lot depends upon your location, experience, education, and personal goals. Generally speaking, however, experienced professionals tend to command salaries ranging anywhere from $30K - $80K annually. Of course, you'll also receive benefits including healthcare coverage, paid vacation days, and retirement plans. And because you'll often interact directly with customers via email, phone calls, and face-to-face meetings, you'll enjoy the satisfaction of knowing that you've helped thousands of satisfied customers improve their lives.
In addition, you'll almost always maintain ownership rights to whatever products you sold, allowing you to pursue further ventures whenever you please. Finally, you'll probably have plenty of spare time available to devote towards pursuing hobbies and interests outside of work. With that said, keep in mind that the path to riches doesn't necessarily require you to quit your day job entirely. Rather, it simply involves finding a way to bring in extra revenue while continuing to contribute to society in other meaningful ways.
To learn more about how to become a successful IT reseller, check out the links below:
Becoming A Small Business Owner
How To Start Your Own Website
Reselling Software & Hardware
Sell Your Used Computers On Craigslist
How To Be Successful At Making Sales Over Email
How To Find Customers Using Twitter
How To Use Social Media Marketing To Grow Your Business
How To Get Traffic From Facebook
How To Buy Second Hand Electronics Without Breaking Bank
How To Choose Between Buying New Or Used Computers
If you're looking for an IT company that sells hardware and software on behalf of other businesses - you've come to the right place! The IT industry has been booming over recent years with many new technologies emerging every year. This means more people are buying computers and applications from various manufacturers around the world to run in their offices or at home. However, this also creates demand for those who want to offer these same items to others across the globe. Resellers are responsible for selling computer systems, peripherals, software applications, cloud computing solutions and much more on behalf of another party. For example, they might be working with a large multinational corporation (MNC) such as Coca Cola or Samsung Electronics. These MNC's have hundreds of thousands of employees all using different devices each day. To meet the needs of its customers, the MNC will employ multiple resellers including Tech Data.
Reselling involves purchasing goods from one seller (the original manufacturer) and then re-selling them to someone else. In most cases a reseller will purchase the item from the brand owner directly. They may not own the physical device but rather buy it through a third party supplier called a distributor. A distributor manages inventory, provides support to end users, ensures compliance with local regulations and keeps records of sales activity.
The relationship between a reseller and the brand owner varies depending on the type of good being sold. If a reseller purchases the equipment outright, they become liable for any defects or damages caused by faulty components within the system. On the other hand if the reseller only buys the rights to market a specific piece of technology, there is no warranty attached to it. Here we talk about some of the key benefits associated with becoming a tech reseller.
Before starting your own reseller operation, you'll need to decide which types of goods you'd like to carry. You could choose to focus solely on consumer electronics or go big with enterprise solutions or even both. Whatever category you choose, there are several things that you'll need before launching into your career as a reseller.
To get started, here are a few essential requirements you should already possess before applying for your first job:
· Business acumen
· Computer knowledge
· Good communication skills
· Confidence in your ability to perform tasks independently
· Self motivated personality
· Ability to work under pressure
· Strong time management skills
· Excellent organizational skills
· An entrepreneurial spirit
· Flexibility
· Understanding of the concept of 'time'
You don't necessarily need to know how to code in order to become a successful reseller. But having basic programming experience would definitely help when building out your team.
It's important to note that while you don't need to have prior reselling experience, you must understand the basics of marketing and sales. There are plenty of online courses available to teach you everything you need to know.
When deciding whether to become a reseller, take your time to evaluate your interests and see where you stand compared to competitors offering similar products. Start off small and build up slowly until you find something that really resonates with you. As a beginner, keep expenses low so you can test the waters without putting too much cash down initially.
Once you've decided to pursue a career path in reselling, the next step is finding a suitable partner. It doesn't matter if you prefer to operate alone or with a group of colleagues, getting the right partners can make or break your venture. Your chosen vendor must provide strong support and guidance throughout the entire process of setting up shop and growing your business.
Many vendors offer training programs designed specifically for newcomers to the field. While these programs aren’t compulsory, they are highly recommended because they give you more hands-on practice than simply reading manuals. When choosing your training program provider, look for course content that covers topics related to accounting, legal issues, customer service, quality control, pricing strategies, branding and merchandising.
Once you feel comfortable with the material covered during your training period, it's time to put your newfound knowledge into action by signing up for an account with the best reseller platform. There are numerous platforms out there, however we recommend trying our free trial before committing long term. Many of the leading providers include Tech Data, HPE, Dell EMC, Citrix, VMware, Microsoft Azure Marketplace and AWS Marketplace.
Now that you have learned the ins and outs of running your own reseller business, it's time to launch your own store front. Setting up a website will allow potential buyers to browse your offerings and learn more details about your business model. Once visitors reach your site, they'll usually click on your "contact us" button to enquire further information about your products. Make sure you clearly explain why you're qualified to speak on behalf of the brands you represent.
As soon as you receive inquiries via email or phone call, follow up promptly. Don't let anyone slip past your attention unless you're given permission to proceed. Always refer prospective clients back to your contact page once you've spoken with them. Be careful not to burn bridges after speaking with a client.
While you won't always have access to the latest gadgets, don't forget to show your audience the benefits of owning branded products. Most importantly, remember to stay true to yourself and never compromise your integrity just to increase profits. Being authentic is vital if you wish to succeed in this line of work.
Finally, consider hiring staff members to assist you in your endeavor. Hiring additional resources is often cheaper and easier than creating your own team. Having more eyes on the ground allows you to delegate responsibilities quickly and effectively. And if you hire well, you can expect loyal, hardworking individuals who will continue to grow with your organization.
In general, reselling is considered illegal in many countries due to the fact that the laws governing copyright vary widely worldwide. Laws regarding intellectual property protection differ greatly among nations. Therefore, it is strongly advised that you consult a lawyer specializing in IP law before entering your own reselling business.
However, most major brands are happy to grant licenses to authorized distributors. Companies typically require the following documents before granting a license:
1. Proof of identity
2. Evidence of valid tax identification number
3. Financial statements showing net profit margins
4. Details of current financial status
5. Copy of last 3 years' audited accounts
6. Legal advice confirming legality of license application
7. Original invoice for purchased goods
8. Details of previous projects completed successfully
9. Listing agreements signed and delivered
10. Letter confirming agreement to terms and conditions
11. Terms and Conditions document
12. Information on existing contracts
13. Sales invoices
14. Licensing agreement
15. Warranty documentation
16. Customer satisfaction reports
17. Quality assurance reports
18. Product specifications
19. Technical specifications
20. Product performance tests results
21. Delivery notes
22. Return policy
23. Returns acceptance criteria
24. Documentation relating to returns
25. Company logo design guidelines
26. Training materials
27. Test samples
28. Marketing collateral
29. Brand guidelines
30. Website design specification
31. Design approval certificate
32. Copyright registration certificates
33. Trademark registration certificates
34. Trade mark registrations
35. Designs registered for industrial designs
36. Patents granted
37. Registered patents pending
38. Registered trademarks
39. Registration fees paid
40. Patent search report
41. Patent office confirmation letter
42. License Agreement
43. Contractual Requirements
44. Certificate of origin
45. Customs declarations forms
46. VAT declaration form
47. Tax clearance certificate
48. Payment authorizations
49. Purchase orders
50. Invoice data sheet
51. Payment receipts
52. Client confidentiality statement
53. Non disclosure agreement
54. Confidentiality agreement
55. Sales contract
56. Price lists
57. Advertising materials
58. Advertisements
59. Promotional material
60. Presentation folders
61. Stock control sheets
62. Storage facilities
63. Purchasing department
64. Inventory records
65. Accounts payable register
66. Account receivable register
67. Cash book
68. Bank reconciliation files
69. Statements
70. Balance sheets & income statements
71. Annual reports
72. Books of accounts
73. Reports of activities
74. Contracts
75. Certificates of insurance
76. Insurance policies
77. Letters of credit
78. Guarantees
79. Security deposits
80. Liability insurance coverage
81. Indemnification clauses
82. Service level agreements
83. Performance reviews
84. Employee recruitment letters
85. Employment contracts
86. Staff contracts
87. Job descriptions
88. Interview schedules
89. Application forms
90. Salary scales
91. Salaries
Tech Data has been in the IT industry since 1973, providing solutions for businesses and organizations worldwide with one goal - helping them solve problems and improve productivity through technology. The company has evolved over time and now specializes in data center management, networking hardware, security equipment, storage and server systems, PC support and consulting services. It offers its customers more than 300,000 items from more than 600 vendors across five categories including computers, peripherals, communications, office automation, servers & storage, networking & telecom and imaging, printing & document technologies. Tech Data also provides logistics capabilities like warehousing, supply chain management (SCM), transportation and fulfillment services. Its global footprint includes offices in North America, Europe, Australia and Asia Pacific regions.
As an independent channel partner that works closely with OEMs and other large scale organizations, Tech Data helps drive innovation by offering a broad selection of high quality products at competitive prices while delivering exceptional customer experience. With access to thousands of new products every month, Tech Data helps small and medium sized enterprises gain better control and visibility into their entire enterprise environment. By leveraging this information, they can reduce costs and increase efficiency and profitability. For example, Tech Data enables global corporations to deliver on demand and flexible computing environments without having to invest capital or personnel resources.
The following article will help answer questions about becoming a reseller and how to get started selling tech.
It depends on who your clients are but generally speaking, if you have a good sales team and marketing strategy then you should be able to generate $5k-$10k per year depending on your skillset and expertise. If you're not sure where to begin, there's always free trials which allow you to test out various products and see whether you'd enjoy working with them before committing to long term contracts.
The benefits of running a reseller business include higher margins, no inventory risk, increased flexibility, more predictable cash flow and greater control over pricing and promotions compared to traditional distributors. There are many advantages to owning your own business such as lower start up expenses, less bureaucracy, the ability to run your own hours and freedom to work when you want. As mentioned above, the biggest benefit is that you'll have complete ownership over everything related to your business. You don't need to worry about finding someone else to handle all aspects of the relationship between yourself and your client. All responsibilities fall squarely on your shoulders. However, some disadvantages include the fact that you won't have any direct contact with end users so you may miss opportunities to meet potential future buyers. Also, you must find ways to market your brand online because most people don't know who you are unless they've already gone through the process of buying something directly from you. Finally, it takes significant effort to build relationships with prospects and maintain those connections throughout the life cycle of the relationship.
There are three main types of resellers that exist today: Independent Resellers, Value Added Resellers (VAR) and Authorized Service Providers (ASP). An ASP sells pre-packaged IT products and services to specific groups of customers who are referred to as "partners". A VAR typically buys products from manufacturers and then rebrands and/or resells those same products under his or her name. On the flip side, an Independent Reseller (IR) purchases products from manufacturers directly and then uses them to provide products and services to end consumers. Both IRs and VARs offer different levels of customization options based on the needs of each individual buyer. In general terms, IRs tend to focus more heavily on cost savings whereas VARs pay closer attention to branding and differentiation.
Before getting started, you'll first need to determine your budget and decide on the type of products you would like to purchase. Next, create a business plan detailing how you intend to approach the sale and what you expect to earn. Then, take advantage of free trial periods offered by major providers to familiarize yourself with the products available and develop a strategy for approaching interested clients. When contacting prospective partners, keep things short and sweet. Your email message should contain only two sentences describing why you're reaching out and asking for five minutes of their time. Be prepared to follow up with another email after 24 hours if necessary. Use keywords in your subject line to attract relevant traffic. Lastly, remember to stay focused on building rapport with your target audience rather than trying to convince them to buy anything right away. Most likely, your efforts will result in generating leads instead of immediate sales.
For more insights on how to start your own successful reseller business, check our blog post here.
If you enjoyed reading this article please share it with others! We appreciate feedback. This is a guest post written by TechData.com. To learn more about TechData visit www.techdata.com
What is a Technical Reseller
A technical reseller or distributor is an intermediary between manufacturers and end users that helps in selling products on behalf of other parties. A reseller can be either physical or virtual depending upon how they operate.
Physical vendor – In this scenario, a physical vendor works directly with a manufacturer to provide goods and services. This type of business model requires a lot of capital investment as it involves buying inventory upfront and building warehouses, which makes it expensive.
Virtual vendor – A virtual vendor does not have any physical presence but operates online using internet technology. They buy inventory from manufacturers at wholesale prices and then offer it to retailers who will pay retail price to consumers. These sales are made without having direct contact with customers.
In simple terms, a technical reseller acts as middleman between manufacturers and end users by offering various products and services such as computer software, printers, scanners, hard drives, cables, routers, etc. However, some resellers specialize in certain areas while others focus only on computers and related accessories. There are many factors that determine whether you should opt for being a tech resaler or an OEM supplier.
If your target audience consists of individuals rather than corporations, you may want to consider becoming an independent contractor instead of working under a brand name.
You must understand what kind of work environment suits you best before choosing this career path. If you prefer working alone or independently, then you can easily set up your own shop.
Your background and experience play a major role in determining if you should go down the road of being a tech reseller. You need to have technical expertise along with knowledge about marketing and communication skills to make sure people know about your offerings.
Becoming a tech reseller is challenging because there are several steps involved starting from creating a website, getting listed in search engines, attracting potential buyers, negotiating contracts, shipping orders and handling returns.
Just follow our battle-tested guidelines and rake in the profits.