Dropshipping is a practice of order fulfillment where a manufacturer or distributor ships a product to a consumer on behalf of the retailer. Dropshipping can be very attractive because it helps to minimize risk and cost while offering convenience and practicality.
Some of the benefits of dropshipping are:
Less capital: the biggest advantage is being able to launch an e-commerce store without investing a lot. With the dropshipping model, costumers don’t have to buy a product unless they already made the sale and the customer has paid for.
Easy to Start: Running an eCommerce business is much easier when you don’t have to deal with physical products.
Low Overhead: Because you don’t have to deal with purchasing inventory or managing a storeroom, your costs are quite low. In fact, many successful dropshipping businesses are run from a home office with a laptop.
Flexible Location: You can run and manage a business anywhere with an internet connection, as long as the communication with costumers and suppliers is easy.
- Managing or paying for a storeroom
- Packing and shipping your orders
- Follow inventory for accounting reasons
- Handling returns and inbound shipments
- Product ordering and stock level management
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