September 14, 2011
My new Internet site that’s buys and sells used music would use the value chain. I would have to start out with what I had personally which would be some old cds and maybe what some friends can give sell me. I would definitely start out by losing money because I need products to sell in order to get this business going. Then I would put them up on my website and wait for customers to start buying. Production will then increase once I am able to have money to buy cds and then sell them. Once my company grew I would get some friends to help me out with my site to make it grow and stretch out so I can increase production. Once a customer buys a cd from me I will have a billing page and have it shipped out to them with a small shipping charge in order to gain profit. The storage of my product would start out in my house but eventually business will increase and I would have to purchase a place to store my products.
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