This inflation calculator adjusts the purchasing power of a given amount of money for inflation based on the Consumer Price Index as reported by the Bureau of Labor Statistics (BLS) from 1913 to 2011. The CPI attempts to measure the changes in costs for all goods and services for an average United States household.
Drop shipping is an order fulfillment strategy where the retailer does not keep products in inventory, but relies on wholesalers or manufacturers to actually ship orders to customers. This arrangement has several advantages that make it attractive to online merchants.
Nowadays, up to 33% of the entire ecommerce industry uses dropshipping as a primary inventory management model. Small scale ecommerce entrepreneurs love dropshipping because there is no inventory to hold, which translates into a lower upfront investment. Not having to manage an inventory also lets you concentrate more on the most important thing â bringing in new customers.