Dropshipping

This article is from Shopify, and was republished and shared through Elksourcing with the permission of Shopify.Original link:https://www.shopify.com/blog/what-is-dropshipping   Defining dropshipping Benefits of dropshipping Disadvantages of dropshipping Common questions about dropshipping Is dropshipping worth the effort? Defining dropshipping Dropshipping is a retail fulfillment method where a store doesn’t 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. As a result, the seller doesn’t have to handle the product directly. The biggest difference between dropshipping and the standard retail model is that the selling merchant doesn’t stock or own inventory. Instead, the seller purchases inventory as needed from a third party—usually a wholesaler or manufacturer—to fulfill orders. Want to get started quickly? Join our free hands-on training session and learn how to set up an online store, step-by-step,…