Which of the following is the main advantage of dropshipping over traditional retail?

Lower upfront costs

Guaranteed product quality

Full control over shipping and handling

Greater control over pricing

Which of the following is not a key player in a dropshipping transaction?

The manufacturer

The customer

The supplier

The distributor

Which of the following is a popular platform for finding and managing dropshipping suppliers?

Shopify

Etsy

Amazon

Alibaba

What is a common challenge that dropshippers face when it comes to product sourcing?

Finding unique products to sell

Negotiating favorable supplier terms

Meeting minimum order quantities

Handling returns and refunds

Which of the following factors is most important to consider when selecting a dropshipping supplier?

Low prices

Fast shipping times

High-quality products

All of the above

Which of the following marketing channels is particularly well-suited to dropshipping?

TV advertising

Social media

Print media

Radio advertising

What is the recommended approach to pricing products for a dropshipping business?

Set prices lower than the competition

Set prices higher than the competition

Set prices equal to the competition

Use dynamic pricing to adjust prices in real-time

How can you improve the customer experience for dropshipping orders?

Provide tracking information as soon as possible

Offer personalized product recommendations

Send handwritten thank-you notes with each order

None of the above

What is the best way to handle returns and refunds for a dropshipping business?

Issue refunds directly to customers

Have suppliers handle returns and refunds

Refuse to accept returns or issue refunds

None of the above

Which of the following strategies can help you grow your dropshipping business over the long-term?

Expanding your product range

Increasing your advertising budget

Diversifying your marketing channels

All of the above

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