Dropshipper and Reseller Ultimate Test

Question 1

Reseller is a person who buys products from suppliers or suppliers of goods, then sells them at a higher price

Accepted Answer

Reseller

Answer

Stockist

Answer

Dropship

Answer

Supplier

Question 2

The following are reasons why you should start a reseller business, except

Accepted Answer

Requires a very large capital.

Answer

Less risk of loss.

Answer

Freedom to determine profit.

Answer

No need to create a product.

Question 3

How many types of competitors are there?

Accepted Answer

2 types

Answer

5 types

Answer

4 types

Answer

only 1 type

Question 4

What does SWOT stand for?

Accepted Answer

Strength, Weakness, Opportunity, Threat

Answer

Support, Weakness, Opportunity, Threat

Answer

Strength, Weak, Opportunity, Threat

Answer

Strong, Weakness, Opportunity, Threat

Question 5

Sales schemes by stocking products and reselling them to consumers with the operational process being handled by resellers are called

Accepted Answer

Stockist

Answer

Dropship

Answer

Reseller

Answer

Supplier

Question 6

Analyzing competitors can be done by

Accepted Answer

All answers are correct

Answer

SWOT analysis

Answer

Identify competitors

Answer

Watch social media

Question 7

Analyze how competitors do promotions can trigger in finding unique ideas for

Accepted Answer

Make sales differently & uniquely

Answer

Make sales diligently

Answer

Make sales vigorously

Answer

Make sales with the same technique