What Is Drop Shipping?

by Craig Anthony

0 min read

Drop shipping is the practice of selling merchandise on behalf of a wholesaler. In the digital age, an entrepreneur can launch an e-commerce website, market the wholesaler’s merchandise, and take orders and forward them to the wholesaler. Drop shippers hold no inventory, which makes it a low-cost business option for new entrepreneurs.

To start a drop-shipping business, you must research products that have a high probability of selling. Typically, you have the most success selling sought-after products that aren’t readily available in popular brick-and-mortar and online stores. Review wholesaler directories to find ones offering the best quality merchandise and sales terms. You may also need a business license and a business bank account to do business with some wholesalers.

References & Resources

Related Articles

Grow Your Business by Working With a Wholesaler

Creating your own goods can become difficult once you begin attempting to…

Read more

Become More Competitive by Adding Digital Services to Your Small Business

Digital services are ubiquitous and pervasive these days with the increasing commercial…

Read more

What’s Changed in the New QuickBooks

The new QuickBooks Online bookkeeping software has gone through quite a few changes. As…

Read more