Dropshipping in E-Commerce

Abstract

This paper discusses the value and role of e-commerce in the global economy. A brief introduction to e-commerce business model and how to startup e-commerce business based on Dropshipping. In recent years there is a boom in the business sector by E-commerce. A revolution has occurred in the businesses which have totally changed the conduct of business. E-commerce term means Electronic commerce which involves buying and selling of goods online over the internet with a number of payment options cash on delivery, debit cards, credit cards, net banking, and payment wallets. This change in business model leads to a tremendous growth of business and provides numerous benefits to the consumers such as huge availability of goods at lower cost, in short time and with a wide range of selection. Many companies and organizations are adopting the model of e-commerce. The major player behind the success of e-commerce is the internet its penetration into this sector has benefitted many established and start-up businesses and it has shown a tremendous growth all over the world with the increasing number of internet users. The current research is focused on how to set up a successful e-commerce business through dropshipping.