Dropshipping is a method of e-commerce where a business does not keep goods in stock but instead transfers customer orders and shipment details to the supplier, who then ships the goods directly to the customer.
Once an order is placed, the business forwards the order and shipping details to the supplier, who then ships the product directly to the customer. Usually, the business earns a profit by marking up the cost of the product.
Dropshipping can offer lower startup costs and more flexibility in terms of product offerings but also has some potential drawbacks, such as lower profit margins and less control over the quality of the products, shipping times, and customer service. Finding a good supplier is essential for the success of a dropshipping business.