What Business Category is Dropshipping? Dropshipping is an innovative retail ecommerce business model that has transformed how merchants sell physical products. With dropshipping, entrepreneurs can operate online storefronts without the burdens of inventory management. In this model, customers buy goods from the retailer, and instead of the retailer fulfilling orders, they are handled by a third-party manufacturer or wholesaler.The dropshipping low-cost, low-risk approach to selling online has attracted entrepreneurs seeking to expand their product offerings and deliver one-stop shops. Notably, established online brands have taken to dropshipping to drive add-on sales, offer complementary products, and enhance their store’s appeal.The Dropshipping Business Model Modus OperandiThe dropshipping business model presents a unique and efficient way to operate an online storefront. As a dropshipper, you take on the role of promoting products and providing a virtual storefront for customers. When an order is placed, you relay the details to the dropshipper, who takes…
