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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