Glossary of Terms

What is Dropshipping?

Dropshipping Definition

Dropshipping is a method of retail fulfillment where you don't keep any inventory in stock. Instead, you partner with a supplier who ships products directly to your customers on your behalf. It's a great option for business owners who want to eliminate the risk of surplus inventory and focus on growing their bottom line. Plus, with the increasing popularity of online shopping, dropshipping can give you access to a wider range of products to sell while saving you time and money.

Drop Shipping Definition

Related terms

Product assortment refers to the range of products or services you offer to your customers
A Vendor Management system keeps track of vendor-related activities in one place.
A marketplace business model is a type of ecommerce platform where the website operator doesn't hold the inventory or the products for sale.
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