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This will create an egg file for download and installation with easy_install:
$ python3 setup.py bdist_egg
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This will install the package, either on the system or the user site:
$ python3 setup.py install [--user]
(The user site is ~/.local on UNIX and %APPDATA%\Python on Windows.)
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This will create a source distribution, which can be easily downloaded, unpacked and used without installation:
$ python3 setup.py sdist [--format=gzttar|zip]