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What is Dropshipping?
The dropshipping business model is a supply chain management model where online retailers sell different products without having to manage their own inventory. They sell products as their own – that they purchase from various suppliers – on their dropshipping sites and earn handsome commission on arbitrage.
The dropshipping companies work as a bridge between global suppliers and customers. Once a customer places an order and pays the sum against the desired product, dropship companies provide the order information to suppliers who then dispatch the product from their warehouse to the customer directly.
History of Dropshipping The dropshipping business model became popular in 2006, when AliExpress began to explore the USA market. At that time, many businessmen were unaware of the dropshipping business model, however, some curious entrepreneurs took the first steps and came up with online stores. Soon, more people began to jump on the dropshipping bandwagon, and this ecommerce business model became an instant hit.
Today, dropshipping is a highly profitable business model, as it allows you to start an online store with little to no investment at all. AliExpress offers millions of products at reasonable costs – thus allowing you to sell them on a higher price and make handsome profit for yourself.
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List of Top Dropshipping Companies 📈 AliExpress 📈 DHGate 📈 Doba 📈 Dropified 📈 Inventory Source 📈 SaleHoo 📈 Spocket 📈 WholeSale Central 📈 Modalyst 📈 MegaGoods 📈 Wholesale2B 📈 Worldwide Brands List of Trusted Dropshipping Suppliers Based on Niches 📈 Electronics and Media Suppliers 📈 Furniture and Appliances Suppliers 📈 Home and Garden 📈 Personal Care Suppliers 📈 Women’s Clothing and Accessories |