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In an exclusive agreement, the specified distributor will be the sole distributor with the right to sell the product within a particular geographic region or within multiple regions. If the arrangement is nonexclusive, the manufacturer or vendor may supply other distributors, sometimes competing in the same market.What is an exclusive distribution agreement?
Exclusive distribution is an agreement between a distributor and a manufacturer that the manufacturer will not sell the product to anyone else and will sell it only to the exclusive distributor. At the same time, even the exclusive distributor has to enter the agreement that he will only sell the products of the manufacturers exclusively and will not sell those of the competition.What is exclusive dealership agreement?
What is Exclusive Dealership Agreement? An exclusive dealership agreement or an exclusive agency agreement is a restrictive contract between a principal and an agent that binds them in an association for a specific time period under which neither can make similar deals with competitors of each other’s parties.What does exclusive distributor mean?
Exclusive distribution is a marketing strategy that revolves between manufacturers and distributors. Unlike other distribution strategies, in this case, the distributors are provided exclusive rights to sell products within a particular geographical location as per company guidelines.