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12 Questions

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Blog Post: Drop Shipping 101

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Questions and Answers

In the drop shipping model, who is responsible for packaging the product with the seller's branding?

A third-party fulfillment center

The customer

The supplier (correct)

The seller

Which of the following is NOT a benefit of drop shipping mentioned in the text?

Flexibility

Low startup costs

Scalability

Guaranteed high profit margins (correct)

When does the seller get paid in the drop shipping model?

When the customer receives their order (correct)

At the end of each month

When the customer places the order

When the supplier ships the product

What is the seller's profit margin in the drop shipping model?

The difference between the selling price and the supplier's wholesale cost Signup and view all the answers

Which of the following is NOT mentioned as a benefit of drop shipping in the text?

Guaranteed high sales volume Signup and view all the answers

What is required for success in drop shipping?

Dedication and effort Signup and view all the answers

Who is responsible for packaging and shipping the products to customers in a drop shipping model?

The supplier or manufacturer Signup and view all the answers

What is the primary role of the store owner in a drop shipping business model?

Creating the online store and managing customer experience Signup and view all the answers

What is the primary benefit of using a drop shipping business model?

Reduced overhead costs by not holding inventory Signup and view all the answers

In the drop shipping process, who sets the price for the products being sold?

The store owner Signup and view all the answers

What is the role of the customer in the drop shipping business model?

Browsing the online store and placing orders Signup and view all the answers

What is the first step in setting up a drop shipping business?

Creating an online store Signup and view all the answers