What is dropshipping?
Dropshipping is an online 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 supplier who is responsible for processing and shipping the ordered products directly to the customer. This eliminates the need for inventory storage or finding a warehouse to store products and streamlines the order fulfillment process.
Dropshipping is a business model where items bought from an online store are shipped directly to customers by the supplier or manufacturer.
Dropshipping is a simple, popular way to start a business. It removes common retail challenges such as buying, storing, and shipping inventory.
When a store using dropshipping makes a sale, it forwards the order to a supplier, who handles delivery to the customer. This lets store owners focus on other tasks, like marketing and branding.
Dropshipping is a retail fulfillment method where online stores sell products without keeping them in stock. When a customer places an order, the store forwards it to a dropshipping supplier who ships the product to the customer.
What is a dropshipping business model?
In a dropshipping business model, you promote products and provide an online storefront. When a customer places an order, you send the order to the dropshipper and inform customers the products are on the way.
The rest of the physical fulfillment process is out of your hands. In some dropshipping agreements, you may also handle customer service, while the dropshipping service manages the physical goods and fulfillment.
How does dropshipping work?
- Seller signs agreement with dropshipper.
- Customer orders online.
- Seller receives order.
- Customer receives an order confirmation.
- Seller forwards the order to dropshipper.
- Dropshipper ships the order.
- Customer receives their product.
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