Drop shipping is simply a 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 and has it shipped directly to the customer. As a result, the merchant never sees or handles the product.
The merchant posts products on their website, from which a users can places an order and pays for the item. Then, the merchant fulfills the order by placing an order for that same product from the supplier who sends it to the customer.
The difference between drop shipping and the standard retailing is that the selling merchant doesn’t stock or own inventory. Instead, the merchant purchases inventory as needed from a wholesaler or manufacturer to fulfill orders.
Benefits of Drop shipping
The most attractive benefits of drop shipping is the capital.
It’s possible to launch an eCommerce store without having to invest thousands of dollars in inventory up front. Traditionally, retailers have had to tie up huge amounts of capital purchasing inventory. With the drop shipping model, we don’t have to purchase a product unless we already made the sale and have been paid by the customer.
Easy to started
Running an eCommerce business is easier when we don’t have to manage with physical products. With drop shipping, we don’t have to worry about
- A warehouse
- Packing and shipping products
- Tracking inventory for accounting reasons
- Handling returns and inbound shipments
- Continually ordering products and managing stock level
An another advantage of drop shipping is that, the flexible location. We don’t have to worry about the location. This drop shipping business can be run from anywhere with an internet connection.
With drop shipping we can offer an array of products to your potential customers. Because their is no need to purchase anything before.
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