You know, the average grocery store today offers you 45,000 products.

But the growing dominance of the market economy, where the products of our intellectual labors are bought and sold, produced an unfortunate side effect.

The company plans to sell the new product for 1,000.

What video lets me do is since I can't be in front of him at a sales counter,

We sell goods on commission.

Your direct sales people can actually be the one talking to the consumers directly or they could be the ones selling to system integrators,

October is inventory time.

Retailers and mass merchants often, though not always, get their products supplied through distributors.

AG

On the other hand, low utilization let me pick another color will lead the prices dropping.

The products are sold on a world scale.

The new product will not be distributed through conventional channels.

Selling products sometimes requires having a stroke of genius.

Sell, sell, sell.

And this number tells you, how much money did you make, or how much profit did you make just from selling these widgets?

So instead of just small storefronts, they aggregate tens or hundreds of thousands of products under one roof.

So for some industries, distributors play a pivotal role in the distribution of the product.

If it turns out you're right, we could sell dealerships now, which sounds crazy.

In a physical channel, a direct sales force are sales people that work for you directly and typically sell directly to the end user.

But this time, we have resellers and the resellers don't work for us.

The way the TV industrial complex works, is you buy some ads, interrupt some people, that gets you distribution.

Now, when companies first started, there were essentially manufacturing concerns and they hired agents, outsiders to be their sales channel, and the first types of companies we had made physical products and therefore, had physical channels salespeople, stores, etc., but with the emergence of the web, we now have web and mobile channels.

Guess what?

COGS were that.

We would like to distribute your product in Japan.

I want to know what the business model is on a per unit basis, or for the actual product you're selling.

There doesn't seem to be any limit on how crazy child safety regulations can get.

What about the dealers filing suit against you?

All around the world this is how products are being distributed, so, for instance, in one street market on Rua 25 de Março in São Paulo, Brazil, you can buy fake designer glasses.

They provide distribution and accounting, bill collection, etc.

Can I get a dealership?

The new product is on sale.

I sold 3 million worth of widgets.

But it wasn't until the mid 1990s with the emergence of the Internet that we were able to distribute physical products through a virtual channel.

To produce those 3 million widgets for 1, it cost me maybe 0.30 a widget, or 0.33 a widget.

I'll re initialize you and send you to a store to be sold.

Do you have any sales distributors in Japan?

He works a dealership over on Fulton.

Look, we control production and distribution.

You sell the widget. You give a customer a widget, and they give you some money.

I'm offering you the opportunity of a lifetime... a new car dealership.

The shop carried leather goods.

So it'll sometimes be written as cost of sales or cost of goods sold.

Indian companies to do a major part of their product development work for their global products which are going to be sold to the entire world.

We have sold things all over the world, from Ethiopia to Turkey to U.S. to wherever.