Dropshipping is a perfect business model to launch budding entrepreneurs as it's available. With dropshipping, you can quickly test various business ideas with limited downside, allowing you to learn a lot about choosing and marketing in-demand products.
Dropshipping is a retail fulfillment method where a store does not store its products. Instead, when a store sells a product using the dropshipping model, the item is purchased from a third party and shipped directly to the customer. The retailer doesn't have to manage the goods explicitly.
The main distinction between dropshipping and traditional retail model is that the sale retailer doesn't store or buy own. Alternatively, if required, the retailer purchases products from a third party — usually a wholesaler or manufacturer — to satisfy orders.
1. Less capital is required
2. Easy to get started
3. Low Overhead
4. Flexible Location
5. Wide selection of products to sell
6. Easier to test
7. Easier to scale