What Is Dropshipping? | How To Earn By Dropshipping?

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What Is Dropshipping?
Dropshipping is a retail fulfillment method where the seller does not keep the products in stock but instead purchases and ships products to the customers directly from a third-party supplier. In dropshipping, the seller sets up an online store, lists products for sale, and when a customer places an order, the seller purchases the product from a supplier who then ships the product directly to the customer. The seller earns a profit by selling the product at a higher price than the price paid to the supplier. The advantage of dropshipping is that the seller does not need to invest in inventory or manage a warehouse, reducing the initial costs and risks associated with starting a business. However, dropshipping also has some challenges, such as product quality control and shipping delays, which can affect customer satisfaction and repeat business.

*DISCLAIMER* I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and my personal experience. You should always understand that with investing there is always risk. You should always do your own research before making any investment.