Raise Price to Improve Revenues and Margins

CHOICE 1 OBJECTIVE: RAISE PRICE, RAISE PERFORMANCE AND COST BY SMALLER AMOUNT

CHOICE 2 ISOLATE SEGMENTS: CUSTOMER SEGMENTS WITH HIGH SERVICING COSTS

CHOICE 3 COMPONENT: CHANGE THE LIST PRICE

No. SIC Year Notes
1 3161 2003 Drop-shipping isn't for everybody. Small, specialty online retailers that carry fewer than a couple hundred products may find it less costly to manage inventory and ship the goods themselves. Profit margins on drop-shipped items also tend to be lower because merchants who buy inventory share a percentage of the sale with the manufacturer- typically 8% to 10%.

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