Dropshipping: Understanding the concept of dropshipping and how it can be used to run an online store without the
Dropshipping is a revolutionary business model that has gained popularity among the online retail industry. It is a concept that allows online entrepreneurs to run their own store without the need to handle physical inventory or worry about shipping logistics.
The basic idea behind dropshipping is simple. Instead of purchasing products in bulk and storing them, the retailer partners with a supplier who handles inventory and fulfills orders directly to the customers. This means that the retailer only needs to focus on marketing and sales, while the supplier takes care of the rest. It eliminates the risk and cost associated with traditional retail models, making it an attractive option for aspiring entrepreneurs.
