Joseph Rain, the author of “The Unfinished Book About Who We Are”,  once said: “A worthy relationship is an agreement that challenges and supports both participants.” It is essential that you facilitate goals and challenges while supporting the business people who want to purchase and market your products. To maintain a solid, clear and amicable discussion along with other business firms or third parties that will be selling your business products, you need to be able to create an effective product sales agreement. In this article, we will discuss the helpful ways that you should remember while making your exclusive product sales agreement. Please continue reading!

10+ Product Sales Agreement Samples

1. Product Sales Agreement

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Size: 46 KB

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2. Forest Product Sales Agreement

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Size: 86 KB

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3. Sample Product Sales Agreement

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Size: 73 KB

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4. Customer Product Sales Agreement

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Size: 178 KB

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5. Product Sales Distribution Service Agreement

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Size: 75 KB

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6. Speaker Product Sales Agreement

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7. Standard Customer Product Sales Agreement

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Size: 108 KB

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8. Service Product Sales Manager Agreement

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Size: 111 KB

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9. Master Services Product Sales Agreement

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Size: 212 KB

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10. Addendum to Display Product Sales Agreement

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Size: 5 MB

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11. Product Marketing Sales Agreement

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What is a Product Sales Agreement?

A product sales agreement is a formal written contract of compliance between a group, or organization and/or other business firms in creating an agreement to perform sales and marketing of their products and services being sold to a third party. This business agreement is significant when it comes to saving time and money, especially being used in delivery purposes as well..

How to Create a Product Sales Agreement

Creating a simple deliberation, agreement, and well-detailed written record of specific valuable matters at an initial phase is a useful method in assuring that both business firms, or organizations have their respective rights and responsibilities for the sales, purchasing and marketing of the products.

However, before you begin, you need to draft and finalize an exclusive product sales agreement to sign. You can easily make that with the tips below:

1. Specify the primary details of the agreement

The first step is to clearly specify the primary details of the agreement established by both business firms. After initiating a meeting or conference for the agreement, a person should provide help to all parties involved in creating the proper and logical decision. 

If they both agree for the product sales contract, include the details in the written contract, as well as the names of the parties. Please avoid typographical errors, especially in the spelling of their personal details. So, verify the details in the document to prevent you from having unexpected problems like legal contract issues. 

2. Demonstrate the time period of agreement

The second step is you must demonstrate clearly the specific dates in the product sales contract together with other significant dates to remember. For example, the start and end dates of responsibilities for a certain sales, purchasing, and marketing project.

3. Use simple terms and phrases

To prevent any misunderstandings,  you should use terms that are related to your business project. So, use simple terms that are often used in legal agreements for your specific product sales. Be direct and honest to protect yourself from unintended liabilities. 

4. Add more details about your product sales

Adding more details about your product sales agreement can become lengthy, especially when you elaborate all the integral information. It is fine and we recommend that you write the prioritized sales and marketing goals, requirements, rules and entirety of your business agreement. 

FAQs

What are the important elements that should be included in a product sales agreement?

Some of the important elements that should be included in a product sales agreement are the process for if certain products and services come late or don’t arrive, if the business firm does not get paid for the items, and if the cost of the products suddenly changes. 

What is the significance of a product sales agreement?

The significance of a product sales agreement is it provides a protection or assurance to the sellers from complicated expectations, misunderstandings, and possible fraud. It also protects the buyer by explaining the essential aspects included in the sale and the time the product can be sold. 

What are the common uses of a product sales agreement?

The common uses of a product sales agreement are if the products and services are being sold to another company, if products are being bought from another company, or there is a company being managed where products and services are bought or sold. 

What is the difference between a sales contract and a service contract?

A sales contract is an agreement which may include terms for products and services. On the other hand, a service contract is an agreement that is not bound by the same laws and regulations of the product sales contract. 

If you are considering allowing your company’s products to expand in the international market, you need this type of agreement or contract. It can be as simple as an oral discussion or one page letter. Regardless of form, product sales agreements have complexities if you prefer to market your products overseas due to the different cultures, language, and certain laws, foreign trade practice laws, affecting performance and enforcement of the agreement. To assist you in creating a product sales agreement for your company or organization, click and download our product sales agreement contract templates here!

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