How to Earn Money with Dropshipping
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A Step by Step guide on Creating Your Account
Read on to learn how you can easily open a dropshipping account and begin making money immediately with little to no cash outlay. Oh yes: drop shipping – that amazing system of selling products without any inventories – your supplier directly ships the products to the buyer.
Step 1: Pick A Specialization For Your Dropshipping Shop
- Research a Profitable Niche: It is advised to concentrate on the recent trends or the niches that have little competition (such as brilliance equipments, recycle product, pet gadgets).
- Use Tools: Google Trends and Shopify specific trending product reports will direct you to the most profitable niches.
Step 2: Select a Dropshipping Solution
- Some popular platforms to set up your dropshipping business include:
- Shopify
- WooCommerce + AliDropship
- BigCommerce
- Wix eCommerce
Step 3: Create a Dropshipping Account
Shopify Example
- Visit Shopify: Visit shopify website which is https://www.shopify.com and select “Start Free Trial”.
- Sign Up: You are required to input your email, provide password, and give your store a name.
- Choose a Theme: Explore free themes by Shopify and enhance your store’s appearances.
- Install a Dropshipping App: You need to use Oberlo or other similar platforms like DSers and SpotCheck to sign up the suppliers.
- For WooCommerce:
- First, you need to set up WooCommerce on your WordPress based website.
- Start using AliDropship by downloading it and linking it with AliExpress suppliers.
Step 4: Find Products to Sell
- Search Products: Find out what products you want to offer via the dropshipping app (Oberlo, for example) and add them to your store.
- Choose Suppliers: Choose suppliers with the highest ratings and with the shortest delivery time.
Step 5: Set Up Your Online Store
- Add Product Descriptions: Plying naturally-embedding keyword such as ‘cheap sports wear’ or ‘reusable drinking flasks’.
- Set Pricing and Shipping Rules: Add a profit margin on top of that of the suppliers.
Step 6: Let’s Get Started with Launching Your Store and to Sell Products.
- Test Your Store: Less is more—check all features of your site, perform some preliminary payments, view shipping choices, and products listed.
- Connect Payment Gateways: To accept payment, go for PayPal or Stripe, and if you are a Shopify user, use Shopify Payments.
Step 7: Drive Traffic to Your Store
- Advertise your products as “best dropshipping products,” “online store deals,” and “cheap [narrow market segment] products.”
- Run Ads: With Google Ads, Facebook Ads, and Instagram promotions, you have an audience for your products.
- Leverage Social Media: Tag content to your products to help the page draw and natural traffic.
Step 8: The ability to manage orders and Customer care.
- Automate Orders: The use of applications such as Oberlo for dropshipping means that suppliers are alerted automatically that there are new orders.
- Provide Good Customer Service: Inform customers about the status of their orders and handle issues with the return or replacement.
Step 9: Monitor Efficiency and Increase
- Analyze Sales and Traffic: Google Analytics or your store’s dashboard is the best tools to use for tracking performance.
- Optimize Products: Eliminate poor performers and refresh listings with better descriptions or images respectively.
Step 10: Scale Your Business
- Expand Product Range: The decisions may include adding of new products or entering related niches.
- Explore Email Marketing: Customers have to be engaged hence why businesses should embrace tools such as Mailchimp.
- Offer Discounts and Promotions: This should be done alongside frequent special sales to increase the company’s sales.