Chosentopic.docx

Chosen topic: Online startup sites.

Problem: How do online startup sites fulfill orders with no inventory.

PART I - Here let us know about:

Remind us of your chosen Topic

From your Topic, what is the problem you present?

What progress you have made on your research. (I know some of you have already contacted our librarian, Cathey.

What are the journals and scholastic material you gathered (only list your work, not your partner's)

What has stood out the most in your investigation?

PART II - In your Purpose Statement write:

What are you going to do about the problem?

What are you trying to affect?

What do you want to change?

What progress do you wish to see happening?

What gap are you filling?

Part I

Chosen topic: Online startup sites.

Problem: How do online startup sites fulfill orders with no inventory.

What progress you have made on your research?

We have contacted our librarian and we have pulled some books and online articles about the topic. I can affirm that as the subject of our investigation is new we have found a lot of reference so we have to decide which are the most reliable. 

What are the journals and scholastic material you gathered (only list your work, not your partner's)

Lidow, D. (2014). Startup Leadership : How Savvy Entrepreneurs Turn Their Ideas Into Successful Enterprises. Retrieved from http://eds.a.ebscohost.com/eds/detail/detail?vid=2&sid=27bee7c1-b758-4123-81b9-58a55e4edce2%40sessionmgr4007&bdata=JnNpdGU9ZWRzLWxpdmUmc2NvcGU9c2l0ZQ%3d%3d#AN=705922&db=nlebk&anchor=snippetsAnchor

Guillebeau, C. (2012). The $100 Startup: Reinvent the Way You Make a Living, Do What You Love, and Create a New Future. Retrieved from http://eds.a.ebscohost.com/eds/detail/detail?vid=3&sid=27bee7c1-b758-4123-81b9-58a55e4edce2%40sessionmgr4007&bdata=JnNpdGU9ZWRzLWxpdmUmc2NvcGU9c2l0ZQ%3d%3d#AN=748144&db=nlebk

Ries, E. (2011). The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses. Retrieved from http://eds.a.ebscohost.com/eds/detail/detail?vid=4&sid=27bee7c1-b758-4123-81b9-58a55e4edce2%40sessionmgr4007&bdata=JnNpdGU9ZWRzLWxpdmUmc2NvcGU9c2l0ZQ%3d%3d#db=nlebk&AN=733896

Chou, S. (n.d.). 3 Ways To Sell Products Online Without Inventory, Shipping Or Fulfillment. Retrieved from https://mywifequitherjob.com/3-ways-to-sell-products-online-without-inventory/

Norman, A. (2017). Can an eCommerce company be started without keeping stock of inventory? Retrieved from https://www.quora.com/Can-an-eCommerce-company-be-started-without-keeping-stock-of-inventory

What has stood out the most in your investigation?

This is a field that I don’t know too much so that’s why I am introducing in some websites dedicated to the ecommerce and all these fulfillment process. I also pulled some electronic books from the school library to learn more about the topic. I’ve founded a lot of companies dedicated to this particular business and also private counterparts. I have discovered in social media a lot of entrepreneurs giving advices on how to develop a business like this.

Part II – Purpose Statement

What are you going to do about the problem?

What are you trying to affect?

What do you want to change?

What progress do you wish to see happening?

What gap are you filling?

The purpose of this project is to provide a method to start an online startup platform with no physical inventory. The main resource to develop a company with this characteristic is using the drop-shipping method. Many companies use this procedure, but there are a lot of marketing strategies to make a company profitable. We want to satisfy our customers’ needs and wants