Friday, May 10, 2019

Reflection 2: Sourcing the Product

This week I learned about sourcing the product. Drop-shipping and using an affiliate were both terms that I had never heard of in my life in regards to business. It was neat to know the different kinds of sourcing that large companies use. for example, Amazon uses an affiliate model. I personally would like to use the drop shipping model if I were to have a business. I feel like it would feel like that I am in more control in the products and the prices. Instead of the affiliate approach where a link just takes them to another business's product and they purchase the product from them and I get a small percentage of that product. I think that using the dropship method would also be much easier to handle returns. Because the sale came from you and all you pretty much did was send an email to someone to sell and ship the product to that person who ordered it.

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