Tagged: dropship

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What is Drop Shipping? (Part 2)

As mentioned in our previous post, dropshipping is not a bed-of-roses method to succeed in an online business. The model definitely has its benefits, but also comes with some issues and problems to resolve. Cons of Drop shipping Low Margins Low margins are the biggest drawback to selling in a competitive dropshipping market. Because it’s so easy to start, many business owners simply just set up their shop and start selling items at low prices to grow revenue. Their initial investment is so little so they can afford to operate on small margins. These merchants often have low-quality websites and...

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What is Drop Shipping? (Part 1)

According to Wikipedia, the definition of drop shipping is: Drop shipping is a supply chain management method in which the seller does not keep goods in stock but instead transfers customer orders and shipment details to either the manufacturer or a wholesaler, who then ships the goods directly to the customer. Instead of buying and stocking up on products, partner with a dropship supplier and sell their items. Then, upon receiving order(s), forward them to your supplier. They will ship the products directly from their warehouse to your customer(s), and charge you only for their price of the shipped item(s)....