Business Quote by Marc Ostrofsky
“Number one, you can sell before you buy. I call it reverse e-commerce. You take a picture, you list it for sale, you sell it, you collect the revenue, then you go buy it and send it to the customer.”
About This Quote
Source Book: Reverse E‑Commerce, 2015
Proposes selling a product before purchasing it, using a photo to list, sell, then buy and ship to the customer.
In simple terms: Sell first, then buy the item.
Use reverse e‑commerce to reduce inventory risk.
Themes
Mood
Type
When to use this quote
- online marketplaces
- dropshipping
- product testing
- startup funding
Key Concepts
Questions to Reflect On
- How will you ensure product quality?
- What markets benefit most from this model?
Requires reliable suppliers and fast shipping.