Drop shipping: Source products from suppliers and sell them to customers without holding any inventory
Yes, drop shipping is a business model where you can sell products without actually holding any inventory. Instead, you partner with a supplier who handles the storage, packaging, and shipment of products to your customers. As the retailer, you handle the marketing, customer service, and sales. When a customer places an order on your online store, you purchase the product from your supplier and have it shipped directly to the customer. The main advantage of drop shipping is that it allows you to start an e-commerce business with minimal upfront investment and risk, as you don't have to purchase products until you have sold them. However, it can also be challenging to manage customer expectations and maintain a consistent level of quality when working with multiple suppliers.
