Dropshipping is a type of ecommerce business model in which the online store owner does not keep any inventory. Instead, when a store owner receives an order from a customer, they simply contact the supplier, who will then ship the products directly to the customer on the store owner’s behalf. Dropshipping is a popular business model for many reasons, including its low barrier to entry and flexibility.
To start a dropshipping business, you will need to register your business and obtain any relevant licenses and permits. You will also need to set up a payment gateway so that you can accept payments from customers. Once you have these things in place, you can start sourcing suppliers and building your online store.