Before starting a dropshipping business, all beginner drop shippers need an answer to the following question: What is dropshipping, what are the pros and cons of dropshipping, and most importantly, how does the dropshipping business work? Let’s explain all of these.
Before we do that, let’s explain briefly how this supply chain management method functions.
What Is Dropshipping?
Dropshipping is an eCommerce business model where you sell your products online on an online store, known as a dropshipping store, but you don’t keep any inventory.
👉 Learn the Difference between Dropshipping business model and eCommerce.
Instead of keeping inventory on your own, a dropshipping supplier does that for you. So, this means that you have no physical contact with the products you sell, and you don’t bother yourself with the whole supply chain management process, but you rather focus on keeping your customers happy and satisfied, and other marketing strategies.
💡 Tip: Read the Step-By-Step Guide to Instagram Marketing For Dropshipping. Also, check out the following:
👉 21 Best Ecommerce Marketing Tools for Dropshipping Store Owners
👉 How To Create a Winning Social Media Marketing Plan For Your Dropshipping Store?
👉 16 Best Marketing Apps on Shopify
Now, let’s see how does dropshipping business work.
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How Does Dropshipping Work?
So, you have an…
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