Dropshipping is a retail model where the seller takes orders without holding inventory. The seller earns the margin between retail and wholesale price, minus advertising and platform fees.
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Pro Tip
Focus on a specific niche where you understand the customer deeply - general stores compete on price alone and are unsustainable long-term.
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Did You Know?
Dropshipping has a 10-20% long-term success rate, primarily because low barriers to entry drive fierce competition and consistently thin margins.
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