Introduction
Dropshipping is a popular business model in which the retailer does not keep goods in stock but instead transfers customer orders and shipment details to either the manufacturer, another retailer, or a wholesaler, who then ships the goods directly to the customer.
How Does Dropshipping Work?
With dropshipping, the retailer doesn’t have to invest in inventory or manage a warehouse. This makes it a low-risk and cost-effective way to start an online business.
Benefits of Dropshipping
Some of the benefits of dropshipping include low initial investment, no need to hold inventory, and the ability to offer a wide range of products to customers.
Conclusion
Dropshipping can be a lucrative business model for those looking to start an online store. By following the right strategies and focusing on customer satisfaction, dropshipping can lead to success.