Start Building a Business Instead of Dropshipping
Dropshipping has been a popular business model for those looking to start an online store with minimal upfront costs. With dropshipping, an online retailer does not keep inventory on hand. Instead, they partner with a supplier who ships products directly to the customer. It’s a convenient way to get started in the world of eCommerce, but there are drawbacks to this model that many entrepreneurs are starting to realize. Firstly, dropshipping often results in lower profit margins. Since retailers do not hold inventory, they have less control over pricing and shipping costs. This can lead to higher expenses and lower […]