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In the tutorial, Simon highlights the essential aspect of a distribution agreement: exclusivity. As a distributor, it's crucial to secure exclusive rights to market and distribute goods within a designated region, meaning you would be the sole distributor and the supplier cannot sell to other distributors in that area. This exclusivity ensures that your investment in marketing and promoting the product will not face competition from other distributors, safeguarding your potential success. Additionally, he suggests considering other relevant terms in the agreement that may benefit the distributor.
