Defining dropshipping is a fulfillment method like e-commerce stores where you provide products to your audience but unlike e-commerce stores, you don’t keep a stock of products. Rather, the dropshipping store buys the products from a third-party supplier. And then, it ships the order directly to its clients.
In that process, you don’t need to purchase anything in stock nor do you need to handle or protect it by yourself.
This is just like a conventional marketing method where you build connections with other sellers in the market and make a deal. Here you fix a price for a specific product and by adding a little margin, you sell it to your customers In the whole process, You just receive orders and pick the stock from a third-party provider. And you pay for the product by the payment you have received from your clients.
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