Dropshipping

A retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer.

What is Dropshipping?

Dropshipping is a retail fulfillment method where stores don't keep the products they sell in stock. Instead, when a customer makes a purchase, the store buys the item from a third party and has it shipped directly to the customer. This means the store doesn't have to handle the product directly, streamlining the process and reducing overhead costs. Dropshipping allows retailers to offer a wide range of products without the need for a large inventory investment. It also eliminates the need for storage space and allows for a more flexible business model. However, dropshipping also comes with its challenges, such as lower profit margins and potential issues with product quality or shipping times. Overall, dropshipping can be a beneficial option for entrepreneurs looking to start an e-commerce business with minimal upfront investment and risk.