What is dropshipping?
Drop shipping means that you source products from manufacturers/suppliers, sell them in your own online store, and bring home some profit while the manufacturers/supplies will handle products and ship them for you.
You source your products from a manufacturer/supplier and sell to your customers and make a profit.
How does dropshipping work?
You source products from manufacturers, sell them on your online store, promote them with paid ads or on Social media, and when you make a sale products will be shipped directly to your customers.
Benefits of dropshipping
Technology has improved since the beginning and anyone can start a dropshipping store (this is not a lie, but it is not completely true either).
Now anyone can easily with a click of the button add products to the store without scraping content or doing copy-paste.
You don’t have to remember the supplier or check if they still have stock, everything is up to date in your store.
This is a huge thing. It is a big benefit, that wasn’t here before.
Drop shipping with Shopify can be done by using the Shopify app such as Oberlo, but you can find other dropshipping apps too in the Shopify app store.
There is an app called Dsers and it is cheaper than oberlo. You may want to try it instead.
Having apps is really great, but the biggest advantages of drop shipping business model are:
- You don’t have to store products
- You don’t need to handle and ship them
- You can focus on marketing and collecting payments
How much does Shopify cost?
Shopify has three plans: basic, Shopify, and advanced.
The basic plan is only $29/month. The Shopify plan is $79/month and the advanced Shopify plan is $299/month.
The basic plan is a very good plan, you can upgrade to more features as you evolve.
Here is the list of their pricing and features.
It is very inexpensive to start a shop online compared to a mortal brick store for example.
Starting an online business is way cheaper than an offline business. It still doesn’t mean that you have to do so.
There are lots of opportunities and you should find one that will be right for you.
Open your Online Store Today!
What you really need when starting out Online Store
I wrote a short guide, on what you really need before you start out with Shopify online store, these are things no one is talking about.
Watch or listen video below to get an idea of how much it costs to start up with Shopify dropshipping.
You should keep in mind the learning curve, and that money you actually spend on advertising may vary.
That depends on your industry, market, and attractiveness…
If you are on your mobile phone, click this video to watch it on youtube. It may appear to you huge right now.
Setup your Shopify drop shipping Store
This video is fast and clear and helps you to start fast, don’t do it before reading the guide first.
The video is fast, in reality, it will take you some time to set up your store, but even “gurus” make it look so easy, it is not the case.
Remember it is a business model so, having a store doesn’t alone do the trick. That being said.
You can always make money when you have customers. In this model, you need to pay for advertising or influencers to get things rolling.
Open your Online Store Today!
Why do so many fail with drop shipping with Shopify?
Buying into lies
People are told it is easy, passive, free, or whatever.
Let’s make this straight: It is not any of these.
Drop shipping is a business model and you should strive for long-term success by providing value and taking your customers seriously.
If you are serious about it and
Too big expectations
Not having realistic expectations. People who are advertising the Shopify platform and courses make it sound easy, they don’t tell you how much money they have to spend before they get any success.
In some cases a lot of money..and even worse if you don’t know what you are doing….you will lose much more money before seeing any success.
Having limited beliefs
I don’t want to sound like *** but make sure, you don’t have limited beliefs holding you from getting the piece of the market to yourself.
Sometimes it is the mindset that is not set properly and needs a new setup.
This is one reason why others fail and others succeed.
Having some limiting beliefs is fine, they are for protecting us and in my opinion, you should not take unnecessary risks.
Some limiting beliefs are holding us back. Make sure that you don’t have mental blocks holding you back from success.
Have no idea what they are doing
You need to know what you are doing, and understand that it will take some time depending on your skills, mindset, and other resources available or not available to you.
You have to work, but not too hard.
You need to plan and stay on the schedule and outsource what you can.
Understand it is not passive, you have to manage, update your store, handle customer service, send emails, and have a presence on social media.
Not doing research
You should sell something people are looking to buy or something they desperately need. For example compression products.
Niche down, if you sell as mentioned compression products you may want to target people who have pain, people who work out, and elderly people.
Please don’t make a supermarket and please don’t start as a novelty store.
Not ordering samples
Ordering samples is an important part of the process, you must be sure that what you sell is not crap.
Whatever it is, it must be a safe product. Many China-based products are not.
Stay away from baby products, you don’t want to get suid because babies get cancer.
Cosmetics and herbs are other categories to stay away from. You don’t want to send anyone lipstick with poop. It is what it is.
Nobody told it is going to be easy, but if you do your job then you are further than most of the sellers who start out with Shopify without any thoughts.
Not setting up the store correctly
The online store is like your home, you invite people there. Nobody wants to click through Facebook ads with a mobile phone only to find out the store with few products, ugly titles, Aliexpress descriptions, pop-ups, and timers.
What is even worse than that??
- Not having images, only blanks!
- Shipping and payment don’t work properly.
- The site is loading slowly
Nobody wants that. Nobody.
Not Checking that these things are set correctly
- Make sure that your store is clean and simple. This provides the best user experience, not so-called “design” where each product is a slide, fading, moving, or whatever.
- Add pages such as about and contact us.
- Add these to the footer.
- Create product categories and add them to the main menu. This will help the customer to navigate your site.
- Make sure that you have only essential plugins and optimized images that your store loads fast.
- Don’t use more than one pop-up.
- Check that shipping is set up properly. Setting up free shipping for all US orders is a good idea, but it may be very expensive to ship in some countries.
- Make sure that your payments button works. If you send paid ads to your store and something doesn’t work then it is money wasted.
Not having an idea about what to do next
No matter what you are starting out, drop shipping, or something else, you always need a plan, map, or guide.
Before you even start, plan what you are going to sell, to who, and how…
Good for you Shopify can be easily integrated into Social Media channels such as Facebook, Pinterest, and Instagram. But also with sales channels such as eBay and Amazon and many others, this may depend a bit on your location and what is possible for you.
How you can succeed
..Consider twice if this makes money online opportunity is right for you at this time.
- Do you have time, energy, and money to put into it?
- Do you have time to make research and take punches?
- Can you provide value?
- Do you have a growth mindset?
- Do you allow yourself to learn easily?
- Do you forgive yourself or are you a perfectionist?
- Do you have limiting beliefs about money/deserving money or self-worth?
- Are you striving for perfection, yet are ready to take feedback and put things out there for a test?
- Will you be there when your customer wants a refund or return the product?
Think about it before rushing in. Some things are easy, others not so much. If you are providing value and learning all the way, eventually you will succeed.
When others leave, stay.
Do you know what you can use to your advantage? When others run out of resources, fail or quit if you are still standing, you win.
You know the best way to stay in business is to stay in business. In an online world things change fast, opportunities come and go.
Always stay up to date in your industry and your niche.
Pivot, evolve, change do whatever you can, but when you have been in business longer people will always trust you more as long as you have been able to manage your reputation by giving value like having good products that don’t take too long to ship and top-notch customer service.
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