The contents of this Wiki are the property of Old Hippie Domains, with all rights reserved. They're not to be copied, printed, or shared without the written permission of Old Hippie Domains.
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. This is usually done for profit. Resellers are known to conduct operations on the Internet through sites on the web.
For example, this occurs where individuals or companies act as agents for ICANN accredited registrars. They either sell on commission or for profit and in most cases, but not all, the purchase from the registrar and the sale to the ultimate buyer occurs in real time. These resellers are not to be confused with speculators, who purchase many domain names with the intention of holding them and selling them at some future time at a profit. Resellers, by the very nature of their business are retailers.
Another common example of this is in the web hosting area, where a reseller will purchase bulk hosting from a supplier with the intention of reselling it to a number of consumers at a profit.
The comments contained in this Wiki are the opinions solely of the Old Hippie. He accepts no financial responcibility for any inaccuracies or the legalities of his opinion. You are encouraged to seek the advice of a professional attorney, accountant, or other expert in the field before acting on this opinion.