Drop shipping is a retail fulfillment method where an online store does not keep products in stock. Instead, it partners with a third-party supplier to ship products directly to customers. This approach allows the seller to focus on marketing and sales while leaving the logistics to someone else.
In this model, the seller only purchases the product from the supplier after receiving an order from the customer. The supplier then ships the product directly to the customer, eliminating the need for inventory storage and management.
One of the primary benefits of drop shipping is reduced risk. Since you're not storing inventory, you don't have to worry about products going unsold or becoming obsolete.
Another significant advantage is increased scalability. With drop shipping, you can easily expand your product offerings without having to manage a large inventory.
If you're interested in starting your own drop shipping business, I recommend checking out Milton's blog for valuable insights and resources. You can find tutorials, tips, and strategies to help you get started.
Additionally, you can explore the various platforms and tools available that cater specifically to drop shippers, such as Oberlo or AliExpress.