What is a trade fulfillment approach in which a shop doesn’t hold the goods it sells in stock?
Understand the Problem
The question is asking to identify a specific trade fulfillment approach, which involves a shop not holding the goods it sells in stock. This relates to concepts in e-commerce and business models.
Answer
Dropshipping
The final answer is dropshipping
Answer for screen readers
The final answer is dropshipping
More Information
Dropshipping is a popular business model in eCommerce, allowing businesses to sell products without holding any inventory. When an order is placed, the item is purchased from a third-party supplier who then ships it directly to the customer.
Tips
A common mistake is confusing dropshipping with other retail fulfillment methods, such as affiliate marketing or aggregator models.
Sources
- What Is Dropshipping and How Does It Work? (2024) - Shopify - shopify.com
- What is Drop Shipping? Drop Shipping Guide 2024 - Square - squareup.com
- What Is Dropshipping? - FedEx - fedex.com
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