Low prices often hide poor product quality. The risk germany phone number is therefore to have dissatisfied customers, negative reviews, damaged reputation and reduced sales. Customer Service Issues . Even if you aren’t in charge of product management, you are still responsible for customer service. It’s your job to handle any complaints or issues that arise. Fraud Risks . It is understandable that your suppliers protect themselves from suspicious actions. Attempts at fraud by third parties, therefore, can result in lost profits on your part. Difficulty in customer loyalty . A possible risk is that, after the first sale, the customer begins to buy directly from your supplier.
What is a multi vendor site? A multi-vendor site is an online store that allows multiple vendors to sell their products on the same site. Customers on this site can then browse through different stores, find a wide range of products, and buy what they want, regardless of who the actual vendor is. The advantages of a multi-vendor site Increased sales . , you have the opportunity to showcase more products and, as a result, increase sales. Reduce costs . You don't have to worry about inventory management or shipping the products you sell. Community Building . If you focus on a specific niche market and demonstrate your taste, experience and expertise, you are also able to select the best suppliers and thus gain the trust of your customers.