A trendy question circulating around the globe about how to start a dropshipping business with no money. Starting your own dropshipping business is becoming easier than ever. First of all, you need to define what Dropshipping actually means. This term has nothing to do with the name of any specific company or website. It’s more about how you run your online store. So basically, it’s an e-commerce concept for entrepreneurs who want to start selling products without having to carry stock themselves.
What is Dropshipping
So, is Dropshipping the same as having your own Ecommerce store? You can run an e-commerce store without even owning it (for example: through a website), but that’s actually more similar to affiliate marketing. With Dropshipping, you don’t have your own online store at all – instead of buying products before reselling them. You order directly from distributors/manufacturers after a customer orders an item from you. They are responsible to ship the product to customers. So what happens is that your inventory never actually leaves the custody of the supplier. The dropshipping company processes and ships out orders on your behalf, so you don’t have to bother with anything regarding logistics.
Advantages of Dropshipping
The main advantage is that you can start selling products without having to buy them in advance. When an order comes in, you receive the inventory from your supplier and process it (with all costs included). However, there is one minor downside that dropshipping often results in smaller profits than if you run your own Ecommerce store. This is the reason for many people to run both types of businesses at once.
Here I have mentioned some of most famous dropshipping platforms.
Top 3 Dropshipping Platforms
How to Start Dropshipping on Amazon
How to start selling on Amazon is a question we’re frequently asked. Here is our answer!
First of all, you have to start set up a store on Amazon. Then, find the products you want to sell by looking at ‘Best Sellers’ and identifying what is selling well and people are buying frequently. You can also find top sellers from other categories that might be outside your comfort zone or interest. But they have potential based on sales volume.
Amazon is one of the easiest places for entrepreneurs looking to enter ecommerce to get started. It is so easy to list products and get started quickly thanks to its Fulfilment by Amazon (FBA) program. The main reason behind this is because retail arbitrage requires little capital.
Choose the products you desire to sell. You can pick products from best-sellers or categories within Amazon. Look specifically for items that are lightweight and low cost. (Computers & Electronics also tend to be less expensive). You need a methodical approach in determining what will be profitable is by looking at the most popular items on Amazon.
How to Set Up Dropshipping with Aliexpress
Are you looking at the aliexpress dropship option? If you are looking fro aliexpress dropshipping then it is what you’re after. I’m about to tell you everything that you need to know about aliexpress dropshipping. Before using aliexpress dropship option, there are a few things that you need straight right off the bat. Aliexpress dropship is just what it sounds like. It allows you to start your aliexpress store. Import products that you want to dropship without having to actually stock the product yourself. The dropshipping can be expensive if you’re not careful. The big key with aliexpress dropship is to make sure that you test out different aliexpress dropshippers. Until, you find one that works for your Alibaba business model.
Dropshipping on Etsy
The etsy dropshipping business model is simple to get started. But it still need to do some research before starting their dropshipping business. First, you should decide what niche or market they’d like to dropship. You may start etsy dropshipping in any niche. But one can get the best results by selecting niches that are popular or items that are trending. Second, entrepreneurs should do some keyword research before getting started ecommerce etsy dropshipping. Etsy ecommerce entrepreneurs can use ebay keyword planner or google trends to determine what keywords are most popular online.
To sum up, dropshipping is an easy way to earn money online with investing a single penny. Its not like other ecommerce stores where you have your own products but you can earn by selling someone else products. There is no or less chance of loss if go in a proper direction. You do not have the burden of shipping products etc. They supplier will do so. So, what are you waiting for wasting your time. Go and make your stores and import products form any of the above platforms and start earning.