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Benefits of the Dropshipping Business
Eliminates inventory maintenance
The major advantage of dropshipping business is that it eliminates the hassles of
maintaining an inventory as the same is done by the wholesalers.
Reduces capital requirement
The overall capital required for operating a business is reduced as the onus of
maintenance and upgrading the inventory is placed on the suppliers.
Broad product portfolio
Wholesalers maintain a large inventory comprising of a wide range of products which
becomes available to the retailers. Thus the retailers can then pitch their customers
with a wide range of products.
Increased flexibility
Dropshipping eliminates the need for a physical location for retailers as they can run
their business online from anywhere.