Sourcing a Product
This week in class we learned about sourcing a product! I never realized that there were so many options on where to get a product for a business. Originally I thought that either you made the product yourself or you had to buy from the manufacturer and store them in your house until you sold them.
I mean those are options but they aren’t the only options. You can also have an affiliate market witch is like amazon or eBay where people can sell things on your website. There is also the drop shipping method where people order from your website and then you order from the manufacturing company and have it shipped to their house.
There are problems and challenges with each options so you really have to think about what is going to be best for you. Business is very much about you and what you can handle. What challenges you want to take on.