Online trading & other Goods
- Drop Shipping
- Direct Shipping
- Crypto Trading
Drop Shipping
Drop shipping is a form of retail business wherein the seller accepts customer orders but does not keep goods sold in stock. Instead, in a form of supply chain management, it transfers the orders and their shipment details to either the manufacturer, a wholesaler, another retailer, or a fulfillment house, which then ships the goods directly to the customer. As such, the retailer is responsible for marketing and selling a product, but has little or no control over product quality, storage, inventory management, or shipping. This eliminates the costs of maintaining a warehouse – or even a brick and mortar storefront, purchasing and storing inventory, and employing necessary staff for such functions. As in any other form of retail, the seller makes their profit on the difference between an item’s wholesale and retail price, less any pertinent selling, merchant, or shipping fees accruing to them.
Direct Shipping
Direct shipment is a method of delivering goods from the supplier or the product owner to the customer directly. In most cases, the customer orders the goods from the product owner. This delivery scheme reduces transportation and storage costs, but requires additional planning and administration
Crypto Trading
Cryptocurrency trading involves buying and selling cryptocurrencies for profit. If conventional currencies have a foreign exchange (forex), cryptocurrencies have their own digital currency exchange where people can engage in trading coin. Unlike the traditional stock exchange that closes at the end of the day, cryptocurrency trading is a 24-hour market