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It involves selling products without holding inventory from "summary" of Dropshipping by Ralf Percy
Dropshipping is a unique retail fulfillment method where the seller does not keep the products it sells in stock. Instead, when a store sells a product using the dropshipping model, it purchases the item from a third party and has it shipped directly to the customer. This means that the seller never actually handles the product. This concept eliminates the need for a physical inventory, which can be a significant cost and logistical challenge for many businesses. By using dropshipping, sellers can offer a wide range of products without the need to invest in inventory upfront. This makes it an attractive option for entrepreneurs looking to s...
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