Posts Tagged ‘product sourcing’

Locally made products

These days, sourcing has always been a crucial business activity to keep your small business abreast in the competition.

The competition, like it or not, tempt us small business owners to enter price war. No matter how hard we try to avoid it, we are exposed in some ways.

Not only that, we are all now face the recession and low(er) buying power of potential customer. And don’t forget the impact of inflation – Rising resource…

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If you run a home-based online retail business, I believe you understand that one of the most important keys to your success is product sourcing.

Online retail business has always been a price-sensitive business, as people already assume that when your business is online, that means your price tag is (much) lower than your off line counterparts.

In effect, looking for the best product quality at the lowest price is probably every retail business owner product sourcing endeavour, although…

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Retailing is one of the hardest hit industries in today’s recession. However, retailing plays an important role as one of the driving factors in economic recovery.

Whether you start your retail store off line, online, or both, you need to have a long list of products for sale, as retailing strength is in product variants.

However, the costs related to off line retailing are very high, these days. Today, the key word in retailing is bootstrap.

Probably the best way…

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