Dropshipping

TL;DR: 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, it purchases the item from a third party and has it shipped directly to the customer.
Share

Dropshipping is a business model that does not require the store owner to carry an inventory. When business owners receive orders from customers, they contact the suppliers who ship the item directly to the buyers. It makes dropshipping an excellent option for small online stores with no significant capital or a storeroom.

Updated February 17, 2024

Axel Grubba is the founder of Findstack, a B2B software comparison platform, with his background spanning management consulting and venture capital where he invested in software. Recently, Axel has developed a passion for coding and enjoys traveling when he is not building and improving Findstack.