Dropshipping is a business model that allows entrepreneurs to start an online store without having to hold inventory.
Instead, the retailer partners with a dropship supplier who stocks the products and ships them directly to the customer when an order is placed.
This eliminates the need for the retailer to hold and manage inventory, reducing their overhead costs and allowing them to focus on marketing and sales.
Dropshipping has become increasingly popular in recent years, as it offers a low-risk, low-investment way to start an ecommerce business.
However, it's important to choose a reliable supplier and to have a solid understanding of the business model to ensure success.
With the right approach and mindset, dropshipping can be a lucrative and rewarding way to build a thriving online business.