What is drop shipping?
Dropshipping is a fulfillment method in retail where a store does not keep the products it sells in stock. Instead, products are stored by the product supplier. When a customer makes a purchase from the store, the supplier then fulfills the order directly to the customer, which means the store owner never sees the physical product. Unlike traditional retail, dropshipping allows merchants to sell products without ever holding any stock or inventory themselves. Third-party suppliers fulfill all orders for the merchants. Pros Little to no initial investment With dropshipping, you only pay for what you sell. This means that starting an online store could potentially cost as little as $30, or whatever price an e-commerce platform charges for users. Naturally, this opens the floodgates for virtually anyone to begin an online store and dropship their products. Simplicity Running an online store is simple with dropshipping. No need to worry about handling physical products, orde...