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The advent of the digital age has brought about a myriad of opportunities for entrepreneurs, with dropshipping being one of the most popular avenues. Dropshipping is an e-commerce business model where the retailer does not keep goods in stock but instead transfers customer orders and shipment details to either the manufacturer, another retailer, or a wholesaler, who then ships the goods directly to the customer. This business model is attractive due to its low start-up costs, minimal risk, and t...
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However, there are also downsides. Since the seller doesn't control the stock or shipping process, they have less control over delivery times and product quality. This can potentially lead to customer dissatisfaction.
Dropshipping Cons:
- Low control: You have little control over product quality and shipping times, which can impact customer satisfaction.
- Low-profit margin: Since you're not buying in bulk, the profit margins are usually lower.
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