What Is Dropshipping? Everything You Need To Know

Dropshipping is a business model primarily used by e-commerce retailers that do not stock the inventory themselves. It is a fulfillment method where a retailer receives orders for products listed on the shop front, which are then forwarded to the supplier for shipping.

This is a win-win situation for both retailers and suppliers as they can focus on just the business process they are expert in—retailers can nurture customer relationships and suppliers maintai inventory and ship products. Dropshipping is used globally by both wholesalers and manufacturers to sell their products.

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Dropshipping Is Great for New Entrepreneurs

Dropshipping is a great business model for entrepreneurs who are good at selling because they do not need to worry about maintaining stock or handling shipping. They just need to choose the right supplier with the right processes in place for shipping the orders. And then they can go back to focusing on:

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How Does Dropshipping Work?

The dropshipping process consists of eight simple steps:

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