Dropping Policy
How Does Dropshipping Work?
Dropshipping is a business model where a retailer sells products without holding any inventory. Instead, the retailer partners with a supplier who ships the products directly to the customer.
Platform Supports: Amazon, Shopify, Ebay, AliExpress, Social Media - Tiktok, Youtube, Facebook, Instagram ,etc.
Dropshipping Process | |||
Customer Places an Order: A customer places an order on the retailer's online store. | Order Transmission: The retailer transmits the order details to the supplier. | Supplier Fulfills Order: The supplier processes the order, picks the product, packages it, and ships it directly to the customer. | Customer Receives Product: The customer receives the product and is unaware that the retailer didn't handle the fulfillment. |
Challenges of Dropshipping | |||
Thin Profit Margins: Competition can be fierce, leading to lower profit margins. | Supplier Reliability: Relying on suppliers for timely delivery and quality products can be challenging. | Customer Service: Retailers are responsible for customer service, even though they don't handle the product. | Branding: Building a strong brand can be difficult when products are not directly associated with the retailer. |