Dropshipping is a retail fulfillment method that allows entrepreneurs to sell products without holding any inventory. Instead of purchasing products upfront, a dropshipper partners with a supplier who ships products directly to the customers on behalf of the retailer.
This model significantly reduces the financial risk involved, as the dropshipper only pays for goods after a sale has been made. This approach is particularly appealing for those looking to start a side hustle with minimal capital, as it eliminates the need for upfront investments in stock and warehousing.
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