Dropshipping 101: What is it and why is it popular?

Key Points:

– Dropshipping is 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 supplier and has it shipped directly to the customer.
– The merchant never sees or handles the product.
– The main advantage of dropshipping is that it eliminates the need for inventory management and upfront investment.
– Dropshipping has become increasingly popular due to its low risk and ease of entry for aspiring entrepreneurs.

Closing Paragraph:

So, dropshipping is like magic for small businesses – they can sell products without worrying about inventory or shipping hassles. It’s perfect for those who want to dip their toes into the entrepreneurial waters without diving headfirst into a pool of upfront investments and inventory nightmares. No wonder it has gained so much popularity in recent years. If you’ve been dreaming of starting your own business, dropshipping might just be the trick to turn that dream into a reality.
Original article:https://smallbiztrends.com/2024/01/how-to-start-dropshipping.html