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Drop shipping is a form of retail business in which the seller accepts customer orders without keeping stock on hand. Instead, in a form of supply chain management, the seller transfers the orders and their shipment details either to the manufacturer, a wholesaler, another retailer, or a fulfillment house, which then ships the goods directly to the customer.
A related concept is drop shipping, a commercial process used in direct-to-consumer marketing. A drop-shipper relies on a third party, like an online fashion blog to generate consumer interest and initiate an electronic order that is sent to the drop shipper's warehouse for fulfillment.
Since 2001, SHP has participated in independent third-party Good Manufacturing Practices (GMP) audits to maintain high-quality finished products. SHP submits its dietary supplements to ConsumerLab.com testing for third-party reviews of safety and efficacy. ConsumerLab.com tested only 25 of Swanson's 26,000+ supplements as of 9/8/2016.
These marketplaces typically focus on a specific product or service category and are used by businesses to find suppliers, negotiate prices, and manage logistics. Some examples of B2B online marketplaces include VerticalNet , Commerce One , and Covisint , which were some of the earliest B2B marketplaces to emerge in the early days of e-commerce .
TheMarket primarily operates using a drop-shipping business model. This means that third-party business-to-consumer (B2C) retailers list their branded products on the platform, and orders are dispatched directly by the retailers themselves. Although TheMarket holds some inventory, its main focus is on facilitating transactions between customers ...