How can I start a drop shipping business with no money?

drop shipping

How to start dropshipping for free

You don’t need any money to start drop ship. This is just an example of how it works. Let’s say you want to sell some shoes. Well a drop shop company will sell you the shoes for $40 a pair. You put them in your online store for $100. You don’t need money upfront. Whoever go online to your store and buys the shoes. You send their information to the factory. The factory sends the customer the shoes but first the customer sends you the $100 by online payment. You send the factory the $40. Now you just made a $60 profit. You can start a free trial on Shopify they will let you start a drop shop business with a 30 day free trial. I hope this helps you


How can I start dropshipping with $0?

Drop shipping business can be done in two ways, under the first method you can create your own website and start your drop shipping business. Whereas under other methods, you can do this business by connecting to an online shopping website such as Alibaba, eBay or with Amazon.

There are many famous websites with which you can work by connecting and among these websites eBay and Amazon are the most famous online companies, with which you can do your drop shipping business.

Drop shipping With Your Own Online Store:-

Instead of selling the product through third party sites like Amazon and eBay, you can set up your online store. However, there are some advantages and disadvantages of opening your own online store which are as follows.

Benefits of opening your own online store (Benefits)

You have more control

Opening your own online store gives you more control over your work and you do not have to depend on third party sites. So it is more beneficial to do drop shipping business through your own website.

Get your own identity:-

By starting your website, you not only have more control over your products, but with the help of the website, your business also gets an identity. And just as websites like Amazon and eBay are famous among people, so too can your website be famous.

There is no need to pay any kind of fee.

The other benefit of doing this business by creating your website is related to fees. By creating your website, you do not have to pay any kind of fees to the third party, which means that only you have the right to your profit.

Disadvantage related to opening your own online store –

Have to work harder

Creating your website is not an easy task and if you create your own website, then you will have more expenses and you will have to work hard. Also, while making your website, you have to pay special attention to the look, name and other things of your website. Because if your website will not be highly attractive, then your website will not be liked by people and as such it will harm your business

It takes time to set up website

Already, there are many shopping websites that have established themselves well in this business. So when you build your website, it will take a lot of time to set up your website.

You will have to invest more money

To increase the traffic of your site, you have to resort to things like SEO, marketing and advertising and it costs to do so. So if you do drop shipping business through your website, then you have to add the cost of these things to your budget.

Drop shipping Website Benefits:-

There are many advantages to selling your goods through any other website i.e. third party and they are as follows.

Ease of starting a business

If you start your drop shipping business through a third party, then you will be very easy to establish this business. Because these sites are fully installed and as soon as you upload your product on these sites, you start getting orders soon. Due to this, your drop shipping business starts easily.

No need to do marketing

When you build your site, you need to market it and it costs a lot. On the other hand, if you start this work through a famous website, then you do not need to take marketing stress, because these sites are already very famous.

Your products reach more people

EBay and Amazon sites are very old and quite popular websites and many people buy products from these sites. If you upload your products on these sites, then the customers of these sites also become your customers and in such a time you get connected with more people.

Disadvantage of starting a drop shipping business with a website:-

Fee charges

You can do business with any other website by connecting only when you pay them the fees fixed by them. Actually, whenever a customer buys your products from their site, then these sites deduct some money from the price of that product as a fee.For example, if the price of your product is 100 rupees and if that product is purchased by someone, then the website keeps 10 or 15 percent of the price of that product as a fee, which is There is a type of fee.

You don’t control yourself

Every website has its own rules and when you do business with these websites, you have to follow their rules. Because of which you do not have much control over your products and you have to work under those sites.

Important information related to starting a successful online drop shipping business-

Choosing the right product

Many types of products are sold in the market, of which some products are in high demand, then some products are not bought much by the people. So when you start the drop shipping business, first decide which product you want to sell and which product you do not.

If you try, select only those products, which are done a lot by people online through shopping. Also, sell every kind of variety product in your website.

Research is also necessary (Research)

Making money through drop shipping is not so easy and it is necessary to do a lot of good research to earn money through it.

Through research, it is easy for you to choose the products which are bought a lot by people online.

After the research, you have to contact the whole seller, manufacturer and drop shipper supplier of the products you will choose to sell.

You can sell their products in your website only after making a deal related to selling the whole seller, manufacturer and drop shipper supplier to their producers. While doing the deal, make sure that you get a profit margin in selling those products.

Information related to building your e-commerce website

Build an e-commerce website thoughtfully

People can buy your products from you only through e-commerce website.Therefore, you have to make your e-commerce website very thoughtful. Also, you have to choose a good name for your e-commerce website.

Before creating an e-commerce website, you also have to decide which products you are going to sell through your e-commerce website. And after this is decided, according to your product, get a website made from any website making company for you.

It is important to give information about the website:-

No matter how attractive your website is, but until people do not get information about your website, you will not be able to grow in this business. Therefore, you have to make a good strategy related to the promotion of your website, so that people can know about your website.

Contact your customers:-

It is not necessary that every drop shipper supplier deliver the right product at all times. So whenever your customers get the products ordered by them, then you should contact them and take a review of them. Apart from this, if you want, you can also add a comment section through your website through which you can connect with your customers.

Dropshipping = almost zero upfront investment

Starting a dropshipping business has become extremely popular since it requires almost nothing in terms of capital investment.

Let’s see what you need and explain each step:

  • A product to sell
  • A supplier to dropship the product
  • A sales channel (eBay, Amazon, Shopify, etc.)

Step 1: Find a product to sell

Selling is just the first step, it’s not the end goal. Your product must be reliable in order to retain customers, receive positive reviews, get recommendations and grow your audience and business. I’ve written a step-by-step guide to finding the best product to dropship, the most important guidelines are:

  • Price range should be between $150–250 – this will give you enough margin so that you won’t need to sell thousands of items just to make the minimum profit to get by. Don’t sell low cost items for $10 since their margin will be too low.
  • Lightweight – Shipping cost can become a huge factor for heavy products sales, especially if you offer express shipping options. An express courier will charge $70–100 for a 10kg package to be delivered from China to United States. When you sell a product that costs $150, paying an extra $70 for shipping is a conversion killer.
  • Simple to use – This is very important in terms of returns. When a customer receives a product and is not able to figure out how to use it, then he is likely to return it and you will have to pay the return shipping cost. These costs can pile up and lower your bottom line profit significantly.

Step 2: Find a reliable supplier

In the dropshipping business, one of the most important aspects is to deliver the products on time, without faults, as described.

This means that your suppliers have to:

  • Be available when you need them, at your hours.
  • Process orders within 24 hours, preferably on the same day.
  • Use fast shipping methods with full online tracking (FedEx, UPS, DHL).
  • Understand the importance of quality items and take responsibility when sh*t happens.
  • Keep you informed when products go out of stock, or when there is any other potential delay – Since you completely rely on them, this one is crucial.

This is a step-by-step in depth guide to finding reliable suppliers.

Step 3: Upload your product to eBay

Once you have found the right supplier and product, sign up for an eBay account and list your product. It’s crucial to have a professional-looking listing that is also mobile-optimized since over 50% of eBay sales are done through mobile. Use CrazyLister to easily create professional listings that will outsell your competition by being mobile-optimized.

Dropshipping

Dropshipping is an order fulfilment method to sell items from the supplier and ship it directly to the customers. Basically you do not need inventory and keep the products when doing dropshipping. It is less risky and does not require upfront costs.

If you want to start dropshipping, you have to understand how the system works. Know the products that you will sell. It has to be profitable and trendy. You need suppliers for the business. Hence, choosing a reliable supplier is important with dropshipping. Promoting your products will also give you favourable results for the business. To set up your own dropshipping business, you can check Multi Drop to help you become effective and successful.

Right now, there’s a more aggressive approach in making the business successful. To have an edge over the competition, I highly recommend that you consider using tools to manage your dropshipping business. In this case, you are more efficient and is being assisted by experienced dropshippers. Check out Multi-Drop, a one-stop shop for your dropshipping needs. It offers product research, analytics, order fulfillment, etc. What you basically need for dropshipping is available in Multi-Drop.

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