New ways to widen your business opportunities appear if you begin considering dropshipping or wholesale collaborations with manufacturers. What’s the difference?
Dropshipping is a business scheme in which a customer places an order in an online store, which is later transferred to a manufacturer or wholesale supplier. The manufacturer processes the order and sends it to the customer. The online store reimburses the cost of the goods at the wholesale price and earns on the markup, and the manufacturer gets an additional sales market.
Wholesale trade is the sale of products in large quantities. Most often, goods bought in this way are intended for resale in the future, but at the same time, consumers of a large volume of products also act as wholesale buyers.
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Last edited by rhea_salehoo on 10 Jan 23 11:13:41 pm, edited 1 time in total.