Dropshipping Industry

Know about Dropshipping Industry Drop shipping is a streamlined form of retail business where the seller takes customer orders but does not keep the goods sold in stock. Instead, in a form of supply chain management, the orders and their shipping details are transferred to either the manufacturer, a wholesaler, another retailer or a fulfillment house, which then ships the goods directly to the customer. As such, the retailer is responsible for marketing and selling a product, but has little or no control over product quality, storage, inventory management, or shipping. This eliminates the cost of maintaining a warehouse - or even a brick and mortar store - buying and storing inventory, and hiring the staff required for such functions. As with any other form of retail trade, the seller makes his profit from the difference between the wholesale and retail price of an item minus any sales, dealer or shipping costs incurred. Get Sample PDF Some of the key players of Dropshipping Industry...