What is Dropshipping? A Complete Beginner’s Guide
What is Dropshipping? A Complete Beginner’s Guide If you’ve ever searched for ways to start an online business with low investment, you might have come across the term dropshipping . But what is dropshipping exactly, and how does it work? In this guide, we’ll explain everything you need to know about this business model, including its pros, cons, and how you can start your own dropshipping store. What is Dropshipping? So, what is dropshipping in simple terms? Dropshipping is an eCommerce business model where you sell products online without keeping them in stock. Instead, you partner with suppliers or manufacturers who store, pack, and ship products directly to your customers. For example, you create an online store, list products, and when a customer places an order, you purchase the item from a supplier who delivers it straight to the buyer. You earn profit by selling the product at a higher price than what you pay the supplier. In short, dropshipping allows you to run ...