{"id":3976,"date":"2019-03-25T08:00:34","date_gmt":"2019-03-25T15:00:34","guid":{"rendered":"https:\/\/www.numinix.com\/blog\/?p=3976"},"modified":"2019-10-24T17:00:56","modified_gmt":"2019-10-25T00:00:56","slug":"what-is-dropshipping-and-how-does-it-work","status":"publish","type":"post","link":"https:\/\/www.numinix.com\/blog\/what-is-dropshipping-and-how-does-it-work\/","title":{"rendered":"What is dropshipping and how does it work?"},"content":{"rendered":"

\"retail<\/a><\/p>\n

Not every e-commerce business owner has the money to invest in the inventory or warehouse space to keep up with their product stock, which is probably why dropshipping has become such a popular retail fulfillment method. Although dropshipping is a common business model for many new entrepreneurs, there are still a lot of questions that are floating around about its potential benefits. So, if you\u2019re ready to start up an online business, but you lack financial capacity, here\u2019s why dropshipping may be able to help you launch. <\/span><\/p>\n

What is dropshipping? <\/b><\/h3>\n

Dropshipping is a retail fulfillment method where the merchant relies on a third party, such as a wholesaler or manufacturer, to satisfy the completion of the order. So, instead of the retailer purchasing large amounts of inventory, they purchase the items from the manufacturer at a wholesale price and have them ship the item(s) directly to the customer. The retailer doesn\u2019t need to worry about stocking their inventory or paying to have a warehouse for storage, they simply need to partner with a dropshipping supplier and then list their merchandise for sale on their e-commerce website. <\/span><\/p>\n

What are the advantages of dropshipping?<\/b><\/h3>\n

There are many benefits to the seller when they use this retail fulfillment method, including: <\/span><\/p>\n