Dropshipping (https://beseller.by/blog/dropshipping/) is a retail fulfillment method where an online store doesn't keep the products it sells in stock. Instead, when a customer places an order, the store purchases the item from a third-party supplier, who then ships the product directly to the customer.
In a dropshipping model, the store doesn't handle the inventory or shipping of products. Instead, the store acts as a middleman, marketing and selling products to customers while relying on the supplier to handle fulfillment.
The primary benefit of dropshipping is that it allows entrepreneurs to start an online business without the upfront costs of inventory, storage, and shipping. It also allows for greater flexibility, as entrepreneurs can quickly and easily test new products and markets without the risk of holding onto unsold inventory.
However, dropshipping also has some drawbacks. Because the supplier handles fulfillment, the entrepreneur has less control over the quality of the product and the speed of delivery. Additionally, competition in dropshipping can be high, as it's a popular business model for many entrepreneurs.
Overall, dropshipping can be a viable business model for entrepreneurs looking to start an online store, but it's important to thoroughly research and plan before starting a business in this field.