3 mins read

How To Start A Drop Shipping Business

Are you an entrepreneur? Do you have multiple revenue streams? Are you a hustler? Do you have a side hustle? If it’s truly in you to be an entrepreneur, then you’ll love drop shipping. Drop shipping offers all the benefits of being an entrepreneur without so much committed to buying products upfront. Maybe entrepreneurship is new to you. Maybe you’ve tried to be a business owner but struggled. If you’re looking to give entrepreneurship a chance, drop shipping is a good place to start.

Your drop shipping business can be whatever you want. You can have a small baby business that gives you a little extra cash. Or you can have an established business that spits out seven figures either monthly or yearly. First, you must truly understand what drop shipping is. Drop shipping is when a customer orders a product from your website. You then order the product from the supplier. You do not buy product upfront. You do not stock inventory. It is one of the best ways to start a business without having to commit to buying inventory that may or may not start. No need to worry about having a supply of many mailing shipping tubes. You only need to commit to starting up a website and marketing.

Marketing is your lifeline when it comes to drop shipping. If you are new to marketing, be prepared to invest a lot of money before you see a return. Learning marketing for newbies is often a trial and error experiment. It costs to run ads. The only way to learn what to do and what not to do is by running ads. One tip to help you avoid wasting money on ads is to only spend a little amount of money per campaign. Assess any issues you are having with a campaign before spending hundreds of dollars on one ad campaign to only see you are not getting sales.

One of the drawbacks with marketing is the shipping time. Aim to find products that offer shipping within a two to three week time period. Let customers know upfront about how long shipping should take. Try to offer free shipping. Another drawback to drop shipping is that popular products today may not be popular tomorrow. Understand you must continue to supply customers with different products. Some products may de down in popularity and then overtime becomes popular again.

Drop shipping won’t come easy at first. It can be extremely challenging. But if you have the motivation, drive and ambition to stick with drop shipping you will eventually see success. Some people find success within a few days, a few weeks or even a few weeks. But drop shipping is one of the best businesses to begin online without a tremendous amount of commitment to inventory. Drop shipping can become your first online business. It can be your business that will you eventually sell. It can be the business that funds other endeavors. It can be your business for many years. It can be whatever you want if you are willing to hustle.