Some of the common factors for traders to consider when choosing a means of transport
- Thread starter Stardom22
- Start date
Just as you have said , the nature of the goods will determine the means of transport the seller will adopt and also the urgency of the delivery, but in some cases heavy goods are Better transported on water which means the weight of the goods can also stand as a factor to influence the sellers decision when deliberating on the means of transport to adopt.
Generally, the size kf the food is an important factor to consider when transporting a product. Bulky goods are better transported on water.
Same with very fragile goods it should be handled with care as such it should be transferred via plane
Some of the common factors for traders to consider when choosing a means of transport include cost, time, safety, and sustainability. Cost: Cost is a major factor for traders to consider when choosing a transport method. This includes the price of fuel, insurance, tolls, and other associated operational costs. Traders should also consider whether the cost of transport will be offset by potential profits. Time: Speed and efficiency of transport is an important factor for traders to consider when choosing a means of transport. Consider how long it will take to get goods from point A to point B and if the transport method of choice can meet necessary deadlines. Safety is yet another major factor.
Exactly. The nature of your business products and services is what's going to determine your means of transportation. If you're into selling fragile products, your means of transportation will be a cautious one.
Well, many people in my country belong to middle-class families and this is why they use motorcycle as a means of transport. i also have one.
Well, i never trade when the market is incredibly bearish. This is something that i have learned after suffering from huge losses while trading and this is something other traders must also do.
One thing that I love very well about the use of motorcycle is that it helps you to beat a lot of traffic which makes it very difficult for those in cars to get to their destinations on time.
Now, I hardly travel due to high level of insecurity in my country. I will stay low until after the general election. The fate of the country is changing on balance until after the election. If you travel by land you will be exposed to attack by kidnappers, boko haram, unknown gunmen etc
Yesh it is a lot faster and have the product's in good condition when the sir transportation is used but when it is other means it is a lot cheaper but slower.
