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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