Drop shipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product.
The biggest difference between drop shipping and the standard retail model is that the selling merchant doesn't stock or own inventory. Instead, the merchant purchases inventory as needed from a third party – usually a wholesaler or manufacturer – to fulfill orders. (Source - https://www.shopify.com/guides/dropshipping/understanding-dropshipping)
Watch this video to learn more!
*** FURTHER RESOURCES ***
If you aren't ready for one of our full fledged courses here's a list of our best (free) resources that can help you get started:
10 Module Mini-Course: https://www.dropshiplifestyle.com/lp/mini-course/
Also, go through some sessions we did with some of our most successful members here: https://www.youtube.com/playlist?list=PLA_KE_rP-Xgk3s7onrFgEWyAR9MwNWO-S to see if Drop Ship Lifestyle is right for you.
Also, check out this link to our FAQs page where you can see the start up costs associated with starting a drop shipping business if you are from the US - https://dropshiplifestyle.zendesk.com/hc/en-us/articles/212054928-What-are-the-start-up-costs-associated-with-starting-a-drop-shipping-business-
If you are from outside the US, but want to create a US based store check out this link for the associated costs - https://dropshiplifestyle.zendesk.com/hc/en-us/articles/212121838-How-much-does-it-cost-to-start-a-dropshipping-business-if-I-live-outside-of-the-US-but-want-to-create-a-US-based-store-
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Check out our FAQ page - https://dropshiplifestyle.zendesk.com/hc/en-us
We offer a few different programs. If you’re interested in getting our premium coaching program (or our done for you service) you can get pricing here: https://www.dropshiplifestyle.com/order/
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You can see what is included in all of our packages with pricing at this link -https://dropshiplifestyle.zendesk.com/hc/en-us/sections/115001189568-Bonuses-To-Being-A-Member- .