The dropshipping business model is, in short words, a store that doesn’t have a stock. It purchases the products from a third-party supplier – commonly a wholesaler or a manufacturer – who ships them directly to the end consumer. So, there is no need for inventory and the seller doesn’t have to handle the product.
The Wayfair business model is a multisided platform that works as a furniture and home-goods online dropshipping marketplace. Formerly known as CSN Stores, the company was founded in 2002 and offers over 18 million items from more than 11,000 global suppliers nowadays.