Unit 1- Text A How to select a product

What is one of the key considerations when selecting products to sell online?

• The color of the product

• Transactional and shipping costs

• The size of the product

• The brand name

What is a suggested starting point for selecting a product to sell online?

• Choosing a product with low demand

• Picking a niche you are passionate about

• Selecting a product with no competition

• Finding a product with no markup

Why is it important to consider global appeal when selling products online?

• To limit sales to a specific region

• To take advantage of a global market

• To increase shipping costs

• To focus on local trends

What is one of the easiest and most effective ways to add value to a product?

• Lowering the price

• Providing unique information

• Offering free shipping

• Increasing advertising

How can you provide value by curating your product?

• By offering discounts

• By removing the paradox of choice

• By increasing the product size

• By adding more features

What can make your job easier if you are manufacturing your own product?

• Outsourcing production

• In-built value in the product

• Reducing production costs

• Increasing product variety

What type of products are ideal to sell online due to shipping costs?

• Large and heavy products

• Small and lightweight products

• Fragile and expensive products

• Perishable products

Why is it inadvisable to offer anything other than free shipping in today's e-commerce landscape?

• It increases product value

• It attracts more customers

• It is inappropriate and costly

• It reduces shipping time

What is a challenge when selling large glass chandeliers online?

• They are inexpensive

• They are easy to ship

• They are prone to break in transit

• They are lightweight

What is the benefit of having a well-defined target market when selling online?

• It increases product variety

• It simplifies marketing strategies

• It makes selling easier

• It reduces production costs