Please teach me the science of buying and selling stuff.
September 29, 2009 4:34 PM Subscribe
I'm considering a slight career change into the online retail sector and I'd like to know more about distribution models, purchasing from distributors and manufacturers, and how product prices are calculated.
posted by anonymous to Education (2 answers total) 4 users marked this as a favorite
I'm in the software business right now, so I have a pretty strong grasp on how software is priced and distributed. What I really want to know is the science of buying, storing, selling and shipping physical items. How do you know what to buy and how much? When do you start adding discounts? How do you store and inventory large amounts of stuff?
There has got to be volumes written about these topics, right?
I'd like any information I can get for online businesses, ones with brick and mortar stores, and hybrids. Big or small, it doesn't matter, as I would likely join an already established business. I want to read online articles, listen to podcasts, read books, but most of all I'd love to hear firsthand from those of you with knowledge to share.
Anonymous because I'd like to keep my current job while I mull over this information.