Resale - Revision history

Dirkjan at 20:02, 27 August 2020

2020-08-27T20:02:12Z

Dirkjan: Replaced content with "Resale Category:mbi"

2020-08-27T19:20:57Z

Replaced content with "Resale Category:mbi"

Dirkjan: Created page with "In The Personal MBA a ''resale'' is based on purchasing an asset from another business to sell it later at a higher price. It is one of the Twelve stand..."

2020-08-25T08:06:15Z

Created page with "In The Personal MBA a ''resale'' is based on purchasing an asset from another business to sell it later at a higher price. It is one of the Twelve stand..."

New page

In [[The Personal MBA|The Personal MBA]] a ''resale'' is based on purchasing an asset from another business to sell it later at a higher price. It is one of the [[Twelve standard Forms of Value|Twelve standard Forms of Value]] (Form of Value #5 of 12). Resellers are valuable because they help wholesalers sell products without having to find individual buyers. The core competences for a reseller need to be:
* Sourcing good products at low prices
* Managing inventory levels
=Key Points:=
* Resale is, basically, purchasing an asset from another business to sell it later at a higher price.
* The keys to do this effectively are:
** Purchase a product as inexpensively as possible, usually in bulk.
** Keep the product in good condition until sale.
** Find purchasers of the product quickly to lower inventory costs.
** Sell the product for as high a markup as possible.
* Resale value lies in helping wholesalers sell without having to find individual customers.
=Questions for Consideration:=
* Does delivering value as a resale make sense for your business idea?
* If so, what do you need to plan for to make it successful?

Source: http://book.personalmba.com/resale/
[[Category:mbi]]

← Older revision		Revision as of 19:20, 27 August 2020
Line 1:		Line 1:
−	In [[The Personal MBA\|The Personal MBA]] a ''resale'' is based on purchasing an asset from another business to sell it later at a higher price. It is one of the [[Twelve standard Forms of Value\|Twelve standard Forms of Value]] (Form of Value #5 of 12). Resellers are valuable because they help wholesalers sell products without having to find individual buyers. The core competences for a reseller need to be:	+	Resale
−	* Sourcing good products at low prices
−	* Managing inventory levels
−	~~=Key Points:=~~
−	* Resale ~~is, basically, purchasing an asset from another business to sell it later at a higher price.~~
−	* The keys to do this effectively are:
−	** Purchase a product as inexpensively as possible, usually in bulk.
−	** Keep the product in good condition until sale.
−	** Find purchasers of the product quickly to lower inventory costs.
−	** Sell the product for as high a markup as possible.
−	* Resale value lies in helping wholesalers sell without having to find individual customers.
−	~~=Questions for Consideration:=~~
−	* Does delivering value as a resale make sense for your business idea?
−	* If so, what do you need to plan for to make it successful?
−
−	~~Source: http://book.personalmba.com/resale/~~
	[[Category:mbi]]		[[Category:mbi]]

← Older revision		Revision as of 20:02, 27 August 2020
Line 1:		Line 1:
−	Resale	+	In [[The Personal MBA\|The Personal MBA]] a ''resale'' is based on purchasing an asset from another business to sell it later at a higher price. It is one of the [[Twelve standard Forms of Value\|Twelve standard Forms of Value]] (Form of Value #5 of 12). Resellers are valuable because they help wholesalers sell products without having to find individual buyers. The core competences for a reseller need to be:
		+	* Sourcing good products at low prices
		+	* Managing inventory levels
		+	=Key Points:=
		+	* Resale is, basically, purchasing an asset from another business to sell it later at a higher price.
		+	* The keys to do this effectively are:
		+	** Purchase a product as inexpensively as possible, usually in bulk.
		+	** Keep the product in good condition until sale.
		+	** Find purchasers of the product quickly to lower inventory costs.
		+	** Sell the product for as high a markup as possible.
		+	* Resale value lies in helping wholesalers sell without having to find individual customers.
		+	=Questions for Consideration:=
		+	* Does delivering value as a resale make sense for your business idea?
		+	* If so, what do you need to plan for to make it successful?
		+
		+	Source: http://book.personalmba.com/resale/
	[[Category:mbi]]		[[Category:mbi]]