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Economy2026
An e-commerce revenue model where the seller has control over pricing but doesn't keep products in stock and instead transfers customer orders and shipment details to a third-party supplier, who then ships the goods directly to the customer, is called:

Explanation

The dropshipping model is an e-commerce strategy that allows retailers to sell products without maintaining inventory, thereby reducing overhead costs. In this model, the seller manages customer relationships and pricing, while a third-party supplier fulfills the order and ships directly to the customer. This approach is significant in the context of GS Paper I, as it underlines the dynamics of modern trade practices and globalization, showcasing how technology integrates supply chains and creates new business opportunities, particularly pertinent to economic and entrepreneurial studies.

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