Possible reasons for no Foxess exclusive distribut

Possible reasons for no Foxess exclusive distribution rights.

Makes sense. Any thoughts? Did Foxess not have any other takers for wholesale and distribution? Consignment terms seemed to alluded to in a tweet? Just hope the company can get product in time to have any chance of success going forward.

https://www.upcounsel.com/exclusive-distribution-definition

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An outstanding attribute of exclusive distributors is that they're financially able to stock large quantities of the product. For that reason, the product is readily available to wholesalers and retailers, which increases distribution. Furthermore, since exclusive distributors usually have substantial amounts of money to pay for the products, the manufacturer's cash situation is improved by the payments made by the distributors to stock the product.

As a result, the distributor takes the risk away from the manufacturer, keeping the manufacturer's finances safe. However, that is only possible if the manufacturer appoints an ethical and financially stable exclusive distributor.

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Manufacturers' Advantages of Exclusive Distribution
The use of exclusive distributors is employed in the industrial machinery segment as well. Many times, exclusive distribution is assigned to dealers who are efficient sales entities and relate effectively to the local market. Such distributors are typically able to focus on the sales of the brand more than the company's competitors.

An exclusive distribution contract might cover a small or a large region. However, no one else is permitted to distribute the brand or product that the exclusively appointed distributor is assigned to distribute within a given region.

Exclusive distribution helps to:

Keep the firm focused.
Secure the distributor of the brand for the firm.
Save the firm the fear of losing the distributor's loyalty.

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imho

cheers