exclusive sales; sole agency
Meanings
2 senses · 7 examplesverb
to contract for sales; take on sales of goods
formalRefers to a merchant taking full responsibility for selling a batch of goods.
This foreign trade company contracted for the sales of this batch of Chinese-made electronic products.
We have reached an agreement with the local distributor for exclusive sales of this batch of tea.
verb
to exclusively sell all products; sole distribution
formalUsed in formal business contexts for long-term sales contracts between manufacturers and distributors.
This home appliance brand signed a full-year exclusive sales agreement with local supermarket chains.
This book publishing company has exclusive sales rights to all new works of this rising author.
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To stabilize supply, the factory and distributor agreed to exclusive sales of all production capacity.
This new skincare product will be exclusively sold online through the contracted platform.
The exclusive sales contract between the two parties is valid for three years.