For the few individuals who are yet to get used to the various technological changes that happen they have no option but to get used to such kind of changes since they occur quite often. In this chapter, we have the opportunity to have a look at the various advantages of e-commerce dropshipping and how different businesses and individuals are able to benefit from it. E-commerce drop shipping can be defined as a method of supply chain management whereby the retailer does not keep any stock with him but is able to transfer the customer’s order directly to the manufacturer or the wholesaler who will then ship the goods directly to the customer through the order provided by them. This business model of e-commerce dropshipping is quite interesting and this is because individuals are able to sell products that they do not own or they do not have in their store by simply placing the orders to the suppliers and ensuring that the supplier delivers the products or goods to the customer.
One of the major advantages of e-commerce dropshipping is the fact that individuals are able to get a broad product offering and this is because the merchant does not need to keep any of the inventory with him and this gives him an advantage because he is able to offer a wide variety of goods without having to worry about the space. This process enables the products and goods to be able to come to the market more quickly and this is able to eliminate wasting time since they do not have to go through the merchant in order for them to reach the customer since delivery can be done directly to the customer.
This kind of business model is quite advantageous to the merchant because they are able to explore new lines without having to bring in inventory and this increases their ability to scale or expand. The e-commerce dropshipping the business model that requires very little investment and this is a great advantage to the merchant since they do not need to look for huge capital amounts for them to operate. E-commerce dropshipping is becoming more popular by the day since it takes a shorter period of time for goods to be delivered or shipped to the customer and the customer can access the online store from whatever location they may be. In this chapter, we have talked about the different elements that have made e-commerce dropshipping quite popular and some of the reasons why many individuals are adopting this kind of business module.