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Is E-Commerce The Right Way For You To Make Money

What is e-commerce?
The use of electronic communication to conduct business transactions
The use of telecommunication to conduct business transactions
The use of postal services to conduct business transactions
What is the advantage of e-commerce?
It provides a global reach
It is cheaper than traditional retail
It requires physical interaction with customers
What is a disadvantage of e-commerce?
It requires a physical storefront
It can be difficult to establish trust with customers
It is more expensive than traditional retail
What is a benefit of using a third-party e-commerce platform?
It is less expensive than building your own e-commerce website
It allows for more control over the customer experience
It does not require any technical knowledge
What is a drawback of using a third-party e-commerce platform?
It can limit your ability to customize your website
It requires a higher level of technical knowledge
It is more expensive than building your own e-commerce website
What is dropshipping?
A form of e-commerce where the seller does not hold inventory
A form of e-commerce where the seller holds inventory
A form of e-commerce where the seller only sells physical products
What is the benefit of dropshipping?
It allows for more control over the shipping process
It reduces the risk of holding inventory
It is less expensive than traditional retail
What is the drawback of dropshipping?
It requires a higher level of technical knowledge
It can be more expensive than traditional retail
It can lead to issues with product quality and shipping times
What is an advantage of selling on a marketplace like Amazon or Etsy?
It provides a built-in customer base
It allows for complete control over the customer experience
It is less expensive than building your own e-commerce website
What is a disadvantage of selling on a marketplace like Amazon or Etsy?
It limits your ability to customize your storefront
It requires a higher level of technical knowledge
It is more expensive than building your own e-commerce website
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