Dropshipping can be a very profitable way to enter into ecommerce. It allows online retailers to sell to customers without physically having any inventory. Instead, you simply list your products being sold and when you receive an order, it gets transferred to a third party supplier who will deliver directly it to the customer. You’ll pay for the price of the shipped product, and whatever margin is left makes up your profit.
The dropship model has numerous advantages compared to traditional retailing, here’s a list of reasons why it may be advantageous for your business: