Question

If you sell products on the internet, one of the decisions that you will have to...

If you sell products on the internet, one of the decisions that you will have to make is whether to use wholesaling or dropshipping. With wholesaling you carry the products and ship them when sold. With dropshipping a third-party carries the products and ships them to the customer for you after the customer buys the product.

If you were going to open your own business, which method would you use? Be sure to explain your answers.

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

In my business, I do not wish to keep any product that I have sold off, in my stock. When I sell a product, I would involve a third-party in it since I shall be purchasing the same from that party and also ensure that such a party in turn ships the product to the said customer. So basically, I do not want to involve myself in the process of handling the shipment or the product altogether but would only involve in generating the business for selling those products to the required customers. Therefore, in such a scenario, the Dropshipping could be used by me because it shall fulfill my business requirements.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
You are running an e-commerce business and your customer picks a third-party method for delivery of...
You are running an e-commerce business and your customer picks a third-party method for delivery of products. What are the shipping rules you instruct to customer specifically for this shipping method (Briefly write at least three rules)?
Your company sells two products, product A and product B. You have two potential customers, Customer...
Your company sells two products, product A and product B. You have two potential customers, Customer 1 and Customer 2. They will both either buy 0 or 1 units of each product. Their willingnesses to pay for each product are given by the table below: Customer 1 Customer 2 Product A $10 $7 Product B $12 X a. Suppose that X is $14. Does it make sense for you to sell your products as a bundle or to sell them...
Your company sells two products, product A and product B. You have two potential customers, Customer...
Your company sells two products, product A and product B. You have two potential customers, Customer 1 and Customer 2. They will both either buy 0 or 1 units of each product. Their willingnesses to pay for each product are given by the table below: Customer 1 Customer 2 Product A $10 $7 Product B $12 X a. Suppose that X is $14. Does it make sense for you to sell your products as a bundle or to sell them...
If you want to launch online business to sell food products produced by different companies, and...
If you want to launch online business to sell food products produced by different companies, and you decide to implement a supply chain management system (SCMS) to operate your business. Explain how your business will benefit from the implemented SCMS, and explain which supply chain management model will you use for your online business and why?
Many feel that companies have a social responsibility not to sell products that can be harmful...
Many feel that companies have a social responsibility not to sell products that can be harmful to consumers. For example: Should McDonald’s stop selling Big Macs because some customers do not control their diets and become obese from fast food? The same argument can be made for numerous products on the market. -Choose any product in your local market that you consider harmful to consumer. -Discuss how decision makers must adopt policies that take into account the social consequences of...
--USING C# ONLY-- You will create your own on-line shopping store in the console application. You...
--USING C# ONLY-- You will create your own on-line shopping store in the console application. You can choose different products to sell in your store (at least 8 products). You will create an product inventory text file. The program will display two options at the beginning of the program, Customer and Manager. Customer: If this is a new customer, the program will allow the customer to register with their information and assign a unique ID number to the new customer....
You are the Chief Marketing Officer (CMO) for a consumer products company. Your company just launched...
You are the Chief Marketing Officer (CMO) for a consumer products company. Your company just launched a new brand of hair care products targeted at young girls between the ages of 14 – 19. You spent millions of dollars researching the habits of girls in this age bracket, what is important to them about making their hair care product decisions and the views of competing products and are confident that, with the right IMC plan, the new line will be...
Use the Internet to find at least ONE professional or scholarly source that discusses how one...
Use the Internet to find at least ONE professional or scholarly source that discusses how one of the following is applied or observed in the real world: Force and acceleration, Newton's Third Law of Motion, & Momentum. These topics are in operation nearly every time an object moves, so finding a real-world application where they are relevant should not be too difficult. Please include the following in your initial post: Provide a brief summary of your research. Explain how the...
As a teen consumer, you are surrounded by products that have literally "changed the world" in...
As a teen consumer, you are surrounded by products that have literally "changed the world" in the last five years. Whether you have an MP3 player, video game, or your own personal computer, you more than likely have access to many time-saving, innovative products. Choose one of the companies that have produced an innovative product that you use often. Then in a writing assignment that is at least two well-developed paragraphs in length, answer the following questions. Who was the...
How would you respond to this post? To build quality into the products, it is important...
How would you respond to this post? To build quality into the products, it is important to know the customers and their desires. A company that is customer-focused and working with customers to improve a good or service will help provide a better-quality result. Ambruch (2013) states, “As consumer demand continues to evolve, manufacturers are being pressured to respond with increasing customer choice” (para. 9). Customers are looking for personalization to their products. Having customers provide feedback can help manufacturers...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT