Mastering Dropshipping

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Questions and Answers

What is a key consideration when formulating a selling/dropshipping strategy?

  • Identifying profitable niche products (correct)
  • Focusing solely on high-demand products
  • Targeting a broad range of unrelated products
  • Relying solely on trending products

What is a potential risk of dropshipping?

  • Guaranteed high profit margins
  • Unlimited stock storage options
  • Direct control over shipping and fulfillment
  • Quality control issues (correct)

How can a seller mitigate the challenge of long shipping times in dropshipping?

  • Relying solely on customer understanding
  • Ignoring shipping times as they are not crucial
  • Opting for the lowest cost suppliers
  • Choosing suppliers with faster shipping options (correct)

What is a key factor to consider when formulating a selling/dropshipping strategy?

<p>Identifying profitable niche products (A)</p> Signup and view all the answers

How can a seller mitigate the challenge of long shipping times in dropshipping?

<p>Using multiple suppliers strategically located near target markets (B)</p> Signup and view all the answers

What is a potential risk of dropshipping?

<p>Quality control issues with products (D)</p> Signup and view all the answers

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