5Sourcing Products Through Trade Shows and the Internet
Whether it’s Google or Apple or free software, we’ve got some fantastic competitors, and it keeps us on our toes.
—Bill Gates (1955–present), investor, entrepreneur, philanthropist
AS A retailer, there are countless external business resources that you will need to work with to run your business effectively. Among them are service providers, wholesalers, manufacturers, and distributors. This collective crowd of business resources offers retailers various ways to purchase and ultimately sell products through their stores. The question is: What makes sense for your business? To begin, however, you must first understand the differences among certain supplier sourcing strategies—and how ultimately ...
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