How to Start a Drop shipping Business without Money

 

How to Start a Dropshipping Business without Money & Earn a Living for Free

So, by now, you are probably what is drop-shipping, if you are not, then you can read more online earning top menu. The next most frequently asked question tends to be how much money do you need to start dropshipping? Well, the good news is that I'm here to tell you how to start a dropshipping business with no money. That’s right, you can start today. Interested? Read on to find out more.

What you need to start a dropshipping business with no money

So, although you don’t need a mountain of money to start your own business, you do still need to make an investment. Time. If you could literally sit there and do nothing and then start making money, then everyone would be doing it. If everyone was doing it then nobody would make any money, because the market would be so saturated. That brings us to the second thing you need. A niche. You want your offering to be unique, you need something that makes you stand out from everyone else; you need to give people a reason to buy your product, and not Maureen-from-down-the-road’s product instead.

Okay, so I have my ideas and some free time. How do I start dropshipping?

Okay so you want to get started with your dropshipping business, you’ve got some great ideas, that are yours and only yours, and you feel like you’ll have the edge to come out on top. So what do you need to do to actually take things to the next level? How do you step things up from great idea to actual working business model?

Step 1 – Create a store

That’s right, you need a store. How can people buy things from you if you don’t give them a place to shop? Sounds pretty self-explanatory huh? Well, there are many platforms that you can use to start a dropshipping business, with no money investment at all. Some of the major players are eBay, Amazon, and Shopify. Often they offer a free trial for you to explore and test the platform if it’s suitable for you.

Some of Your Options

• eBay – pay a fee when you sell an item, you can list your item, and a percentage of what it sells for you’ll pay to eBay. This is subject to certain conditions. For example, using a standard auction listing. This is great if you want to shift your old lawnmower, but less so if you want to set up a business. There are other options for setting prices and other features, but unless eBay is running a free listing event they often cost to use
• Amazon – pay a fee per item sold, plus some additional fees too. As above, this is great if you’re clearing out your DVD rack, but less so when you’re trying to sell large volumes. Amazon has introduced a professional account for those who sell more than 35 items a month, where you pay a monthly subscription fee and it eradicates the per-item-sold fee.
• Shopify – pay a monthly subscription depending on the features that you want to access and how big you want your e-commerce empire to be. With a basic plan that starts at $29USD (yep, the price shows in dollars even on the UK site) as well as a lite plan and more comprehensive plans, you have plenty of options.

I Recommend.

But, don’t worry, I do not forget that this guide is here to focus on how to start a dropshipping business without money. I'm going to opt for Shopify as they offer a 14-day free trial. Unlike many free trials, Shopify lets you sign up without adding your card details. That’s right, the only thing you agree to when signing up for the free trial is marketing emails. No hidden “if you forget to cancel we are going to charge you and it will be a lovely surprise” that we’ve all come to hate.

You can set up a Shopify account here. For a full step-by-step guide on how to do set up your store, check out an up older post.

Step Two – Find a supplier

you can find a supplier like a creat Ali express, Alibaba, Amazon, etc, account and post your store.

Step Three – Invest Your Time

Here is the part where the hard work comes in. Sort of. If you want to start your own dropshipping business, with no money or otherwise, we would like to assume that it’s because you love designing things. By that logic, this part won’t necessarily be hard work, it’ll be you doing your hobby somewhere different than you normally do, in order to earn a living doing what you love. Either way, whatever you call this part, it’s the bit where you need to invest your time, and set up your product range.

Step Four – Market, market, market

A little bit more time investment here. You need to market your products. It’s all well and good having them, but without any kind of marketing, you’re kind of relying on people just ‘falling’ into your store. There are a few ways that you can do this, although again, this is a ‘how to start dropshipping for free‘ guide, so we are going to ignore any of the paid advertising options. (For those who aren’t specifically looking to start a dropshipping business with no money, take a look at PPC. That’s paid advertising, which you can do via Google, Facebook, Instagram, etc, and it will target your intended audiences specifically).

Social media is a powerful tool. You might recently have seen the story about the guy from the little bookstore in Petersfield, who tweeted about the fact that nobody had been in, for perhaps the first time ever. Sci-fi author Neil Gaiman retweeted this and the little bookstore was inundated with orders. A heartwarming tale, but also a true example of the power of social media and why it should be embraced. So, while we aren’t all internet-buddies with Neil Gaiman, we can harness the power of digital-word-of-mouth and use this to get your name out there.