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What is Dropshipping?
Dropshipping is a business model that allows entrepreneurs to start an online business and sell products to their buyers without ever actually stocking the items themselves. Instead, when a dropshipping store sells a product, it purchases the item from a third party and has it shipped directly to the customer.
Often, because entrepreneurs have to spend a significant sum of their money on inventory before they can start selling, these costs feel really restrictive. Dropshipping is the solution.
Less Capital is Required
Probably the biggest advantage to dropshipping is that it’s possible to launch an ecommerce store without having to invest thousands of dollars in inventory up front.
Easy to Get Started
Running an ecommerce business is much easier when you don’t have to deal with physical products.
Low Overhead
Many successful dropshipping stores are run as home-based businesses, requiring little more than a laptop and a few recurring expenses to operate.
Flexible Location
A dropshipping business can be run from just about anywhere with an internet connection.
Wide Selection of Products to Sell
Since you don’t have to pre-purchase the items you sell, you can offer an array of trending products to your potential customers.
Easier to Scale
By leveraging dropshipping suppliers, most of the work to process additional orders will be borne by the suppliers, allowing you to expand with fewer growing pains and less incremental work.
Easier to Test
Dropshipping is a useful fulfillment method for both launching a new store and for business owners looking to test the appetite customers have for additional product categories.
