Most of you already know what dropshipping is and how it works, for those that don’t we will explain. Dropshipping means that you have an item store with no items. With this business model, you don’t have to have a big warehouse and have insane amounts of item stocked on the shelves. What you do is offer products and when someone orders from you purchase that product from a third party and have them ship it directly to whoever ordered them from you!
As you can tell it is almost a standard retail model of business but with one huge difference. There are no stocks, warehouses and upkeep costs. You also don’t have to worry about packaging and shipping since the third party you purchased the product will ship it to whoever ordered that from you. Sounds a bit complicated but it isn’t.
Now the dropshipping business escalated quickly and there is some serious cash you can earn this way but lately, everyone has been asking is it possible to start dropshipping for free? This website as well as us say YES! You can start dropshipping today with virtually $0 investment.
Today’s article will explain just how to get started without any cash and share a few tips for you to have the best possible start, so let’s get started!
If you are going to start dropshipping without any investment than you have to have a place where you will sell your product. You can have your website dedicated for this but websites need cash and you need to invest in google ads for your site to be visible to make a profit. So, there are two things right out the bat that need cash which means this is out of the picture. What doesn’t need any cash is a site like eBay. Here you can make a free account that you can use to sell your items. There a few plans to choose from but since we are going without cash you will choose a free plan that will offer you up to 50 listings a month for free.
2. Online payment
The second thing that is important to this thing is PayPal. With PayPal, you will be able to charge and pay for goods that you are selling on the previously made eBay account. Now what you need to know is that you will have to pay fees to both PayPal and eBay after the item is sold which is why you will need to take care of the pricing of your items. For this to work you will have to market up your items enough so you can pay both fees and still make a profit.
3. Item troubles
When doing this kind of business you have to look out for one thing – changes in the item you are selling. Since you will most likely sell something that is on eBay already or on any other similar site there could be some changes in the price or worse the item might go out of stock and you get like 100 orders for it. It would be a disaster, but don’t worry we have you covered. There are pieces of software online that does this for you. They watch for price changes and automatically reprice your items accordingly.
4. Find a hot product
If you want this to succeed than you have to invest some time into product search. You can’t just list anything and expect this to work, you have to look for something useful and helpful in any way possible. It is always a good idea to watch what sells well on sites like AliExpress, eBay, Shopify and similar. This will give you insight into what is currently in high demand and what you can utilize for your business to take flight instantly.
Now, this is a thing that can make or break this business. You can’t simply make a screenshot of the product and advertise it like that. You have to invest a lot of time and very often be creative with this part. You need some sort of videos showing how your product works, or at least a lot of images of that product in use. This will be something that will draw potential buyers to your selling page. Scouring the internet for videos or images of the product can be useful just be careful of copyright problems. When your business takes off maybe you can start ordering one of each product and film yourself using it or start paying influencers to film themselves using your product and with that advertise your selling page.
This is another important thing in this entire show. Marketing is what should help you sell your product faster to a bigger crowd. Social media is an awesome well of marketing opportunities. There are two ways to do this – either pay for influencers to advertise you and your product or make a theme page that revolves around your product. Since this, a $0 investment business the paying influencers part can be played in a way that you offer them a certain percentage of whatever you sell after they advertise you which means still no investment upfront. Look for pages where you can place your ad or advertise your page on. There are pages for almost anything now and it is easy to find them, you just have to invest your time. The important thing here is to get creative and there are no limits to what you can do.
We hope that this gave you at least a bearing on what you can and need to do to start a dropshipping business for free. Since there is no upfront cost to anything listed here there is no reason for you not to try it. Who knows maybe in several months from now you become a big dropshipper that earns thousands of dollars a month and it would be even sweeter when someone finds out that you managed all that without spending a cent.
This business model is getting off and with the current world state with this global pandemic, online orders are going through the roof. If there was any time to utilize this model than it is right now. Don’t think about it much just give it a go for at least a month and see if it pays off.