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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. The store acts as a middleman between the customer and the supplier, earning a profit on the difference between the wholesale price and the retail price.

Dropshipping is a popular business model because it eliminates the need for significant up-front investment in inventory and the costs associated with storing and managing that inventory. This can … Continue Reading