How to Start a Drop-Shipping Business With No Money?
So, you probably know what dropshipping is by now. If you don’t, you can learn more about it here. “How much money do you need to start dropshipping?” is the next most common question.
We know how to start a dropshipping business with no money, which is good news. Yes, you can start right now. Interested? Continue reading to learn more.
What You Need to Start a Dropshipping Business With No Money?
So, to start your own dropshipping business, you don’t need money, but you do need to invest something: time. A niche is the second thing you need.
You want your product to be different from everyone else’s, so you need something that makes you stand out. You need to give people a reason to buy your product instead of Maureen’s product from down the street.
How Do I Start Dropshipping?
So you have some great ideas that are yours and yours alone, and you think you’ll be able to win. What do you need to do to take things to the next level? How do you turn a great business idea into a real business model that works?
Step 1: Create a store
Yes, you do need a store. How can people buy from you if you don’t have a place where they can shop? Sounds pretty clear, doesn’t it?
Well, you can start a dropshipping business with no money at all on many different platforms. eBay, Amazon, and Shopify are three of the most important ones.
None of them are free forever and ever, though. But you can start any of them without cost. All of them work a little bit differently.
Some of Your Options:
- eBay: pay a fee When you sell something, you can list it on eBay and pay eBay a portion of what it sells for. There are some things that need to happen first. Use a standard auction listing as an example. This is great if you want to sell your old lawnmower, but not so great if you want to start a business. There are other ways to set prices and use other features, but they usually cost money unless eBay is having a free listing event.
- Amazon: pay a fee for each item you sell, plus some other fees. As I said above, this is great if you want to get rid of old DVDs but not so great if you want to sell a lot of them. Amazon now has a professional account for people who sell more than 35 items a month. With this account, you pay a monthly fee instead of a fee for each item you sell.
- Shopify: pay a monthly fee based on the features you want to use and how big you want your online business to grow. You can choose from a basic plan that starts at $ 29 USD, a lite plan, and more comprehensive plans.
Step 2 – Find a supplier
That’s where we come in *ahem*. We offer dropshipping on all of our more than 450 items. We have a huge range of products that you can customize, design, and sell through a third-party e-commerce platform, from clothing and fabrics to homeware and decor (the store that you found and set up in step one).
We won’t charge you any fees, hidden or not, to set up a drop-shipper account. There’s no free trial, just total freedom. Just click the image below, fill out the form, and check your email. That’s all it takes to sign up.
Step 3 – Invest Your Time
Now comes the part where you have to work hard. Almost. We’ll assume that if you want to start your own dropshipping business, even if you don’t have any money, it’s because you love designing things.
If you follow that line of thought, this part will be you designing somewhere you don’t normally do so you can make money doing what you love. No matter what you call it, this is the part where you need to spend time and set up your products.
We’ve made a simple design interface just for this purpose, so it’s very easy to do. With this tool, you can add your designs to the product of your choice. You can add to, take away from, resize, move, and add effects to your designs.
You can add text or take it away, and you can see all of the changes as they happen. With our design preview, you can see exactly what your finished product will look like, whether it’s a tea dress or a kitchen towel.
Step 4 – Market, Market, Market
This will take a little more time. You have to sell your goods. It’s great to have them, but if you don’t do any marketing, you kind of have to hope that people will just “fall” into your store.
There are a few ways to do this, but since this is a guide on “how to start dropshipping for free,” we won’t talk about the paid advertising options.
(PPC is a good option for people who don’t want to start a dropshipping business with no money. That is paid advertising, which you can do on Google, Facebook, Instagram, etc., and it will specifically reach the people you want to reach).
Social media are very useful. You may have heard about the guy from the little bookstore in Petersfield who tweeted that no one was there, which may have been the first time that had ever happened. When Neil Gaiman, who writes science fiction, retweeted this, the small bookstore was flooded with orders.
A story with a happy ending that also shows how powerful social media can be and why people should use it. So, even though we aren’t all Neil Gaiman’s internet friends, we can use digital word-of-mouth to get your name out there.
Congratulations! That’s how you can start a dropshipping business with no money.
So there you go. A plan for business. This is how you can start a dropshipping business with no money and make money doing what you love. See how easy it is to dropship with Contrado in the next section.