How to start your dropshipping business in the most affordable way

in Project HOPE4 years ago

We all agree on the point that we want to have our own business, right? and you might have heard Dropshipping. You read that it requires a few hundred maybe to start with, so you might have said “nope, I will search for something else”. What if I tell you that it doesn’t require money to start with, and you can literally start with no money on your side!

First let me tell you what’s Dropshipping and how it works.

Dropshipping

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Dropshipping is an online making money method in which you have to ship products directly from the source(Can be a factory, online store…etc.) to the customer. In other words, you are the mediator in this process.

An example about dropshipping. You buy a product on one of the websites that I will mention below for like 15$ and then sell it to the customer from your platform for 25$, so you earned 10$ just by contracting with customers.

Now you might have asked yourself ”How does Dropshipping excaly work?”

How does Dropshipping work

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1-The customer requests a specific product in your shop/website.
2-You(the mediator) asks to buy the same product from another website/shop, but here you shall research to get that product with the least amount of money and highest quality.
3-The website that you bought that product from ships the product to your customer directly.

Things you need to know about Dropshipping

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1-The product that the customer is willing to buy can be digital.
2-You don’t need to have an inventory to store the products you bought the customer. The products will be directly shipped without having to be passed to you.
3-You need a website to display your product, or you need to have a real-life shop where you can use catalogs to show the customers what products you can offer to them.

Dropshipping pros and cons

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Pros:

You don’t need capital to start your business.
Your business can be expanded unlimitedly. If you have a website, you can publish more products you can ship to customers if you are sure about their quality.
Variety of website from where you can get the products from.
You can start your shop on Pinterest or any social media account.

Cons:

I don’t think I need to make a list about this. If you want to make an actual shop, you will need capital then, but that’s it. I prefer the digital, though.

Where would you get the products from

Now it is time to concentrate with me because I’m going to mention the specialized sites for Dropshipping.

Let’s start our list:

Doba:

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Doba is a specialized dropshipping website. It is effortless to use also offers millions of products that you can sell on your website. It has subscriptions for more perks like getting products from eBay and amazing through it.

Spocket:

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Spocket is another choice of dropshipping marketplace. The special thing about it that there is a free membership which not many websites allow that. It connects thousands of suppliers too.

AliExpress:

This one is maybe popular for many people, and it is still a great place to connect you as a dropshipper with suppliers from different parts of the world. AliExpress has free sign-up, so don’t miss it and start your business.

The conclusion

That dropshipping is a great business, but you need to be patient and take your time. Also, you shall always give the customers are the best quality of products, and the better marketing you make for yourself, the more money you will get, so don’t miss the chance to start making hundreds daily with dropshipping

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The food thing about drop shipping is the fact that we can start it without any capital. We can easily make good money out of a drop shipping business and start our journey to greatness in that regard.

That's absolutely right. It is a chance nobody shall miss