Product Sourcing
One thing I learned this week was that time is so important when it comes to receiving your product. Trends change very fast and so as to Offer and Demand. We have to ensure providers that keep up with that pace. Customers have to always have their needs satisfied, and if we can't do that, they will find another business that will. If it is a start-up company we need to ensure loyal clients and always have our income pass the Break-even point. We cannot afford extra cost as priority shipment" or package recovery fees. It is also important to note that sometimes it is better to have a longer delivery time and have a good product than a shorter delivery time and a low-quality product. As long as you are honest with your customers and communicate why the wait is worth it, you can still have a good customer base with products that take longer to come in.
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