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Cost Effective and Time Efficient Services
The answer to your question depends on the product sourcing method you use for your Shopify store. Product sourcing is the process of buying product inventory from a supplier and then reselling them. There are different ways to source products, such as:
• Finding a manufacturer for custom products: This is when you design your own products and hire a manufacturer to produce them for you. You pay for the production cost and the shipping cost of the products. You also need to store and manage the inventory yourself or use a third-party fulfillment service.
• Purchasing third-party goods from a wholesale supplier: This is when you buy products in bulk from a supplier who already has them in stock. You pay for the wholesale price and the shipping cost of the products. You also need to store and manage the inventory yourself or use a third-party fulfillment service.
• Partnering with a dropshipper: This is when you sell products that are stored and shipped by a supplier. You do not need to buy or handle the products yourself. You only pay for the product cost and the shipping cost when a customer places an order. The dropshipper handles the fulfillment and delivery of the order.
As you can see, each product sourcing method has its own advantages and disadvantages. You should choose the one that suits your budget, your goals, and your needs.