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Online Retailing
As an online retailer, I often purchase products in bulk from manufacturers or wholesalers and then resell them at a to consumers or other businesses. Buying in bulk allows me to take advantage of lower prices and negotiate better deals, which in turn allows me to offer products at a more competitive price. However, buying in bulk also requires careful planning and execution to avoid any potential risks or losses. By understanding the market demand and executing effective marketing strategies, I am able to successfully buy in bulk and resell products to my customers.
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