Dropshipping service is just a retail fulfilment method that ships and fulfils orders for you. They are one-stop-shops that provide goods from multiple providers and include choices that make it simpler to add goods to the website or online. Also we can say “dropshipping” is a supply chain management where retailer does not need to keep any product, instead transfers client orders and shipment descriptions to either the builder or a retailer, who then delivers the goods directly to the client.
The main conception is that you are selling goods but you do not actually own. It means that you can start an online shop, include a mark-up price, and sell goods to customers and forward the order to your supplier. They in return, ship the goods to your clients on behalf of your shop.
Advantages of dropshipping services:
1. Saving Time and Money: Dropshipping saves your time and money because you do not need to find the products and also no need to manage and pay for the warehouse to collect the products, As you do not need to deal with the physical store so it become easier for you to start an online store. So this manner you can save your time and money.
2. Smaller start-up cost: one of the great benefits of dropshipping service is low cost investment meaning that you can setup a store without investing thousands of dollars in goods.
3. Flexible Location: you can start your business from anywhere, all you need to have is just a good internet connection, good relationship with your supplier and are able to communicate with your clients then you have the freedom of the open road.
Disadvantages of Dropshipping service:
Since you can’t be 100% confident that your provider has sufficient stock there’s a possibility of back ordering taking place which, obviously, could influence shipment expectations and therefore, your on-line reputation.
Also to this, you also have to understand the provider you’re dealing with. There are a few drop-shipping providers who are actually just middlemen in the supply chain I.e. they are just a shopfront for many true drop-shippers.
Is It Worth It?
As we all know, no business is fully perfect, every business has there drawbacks similarly dropshipping is not a perfect, stress-free solution to create a successful business. This model has some specific benefits but comes with a number of built-in difficulties and troubles you’ll need to be able to address.