12 Questions
In the drop shipping model, who is responsible for packaging the product with the seller's branding?
The supplier
Which of the following is NOT a benefit of drop shipping mentioned in the text?
Guaranteed high profit margins
When does the seller get paid in the drop shipping model?
When the customer receives their order
What is the seller's profit margin in the drop shipping model?
The difference between the selling price and the supplier's wholesale cost
Which of the following is NOT mentioned as a benefit of drop shipping in the text?
Guaranteed high sales volume
What is required for success in drop shipping?
Dedication and effort
Who is responsible for packaging and shipping the products to customers in a drop shipping model?
The supplier or manufacturer
What is the primary role of the store owner in a drop shipping business model?
Creating the online store and managing customer experience
What is the primary benefit of using a drop shipping business model?
Reduced overhead costs by not holding inventory
In the drop shipping process, who sets the price for the products being sold?
The store owner
What is the role of the customer in the drop shipping business model?
Browsing the online store and placing orders
What is the first step in setting up a drop shipping business?
Creating an online store
Explore the world of drop shipping with this informative blog post that explains what it is and how it works. Discover the core concept of drop shipping and learn about its inner workings behind the scenes.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
