How To Make Money Dropshipping Products Step By Step.
I first started earning money online by dropshipping products before going on to import directly from China.
It's a great way to earn some extra money from home without having to part with any of your own cash.
Anyone can start dropshipping right now and in this article, I will show you how and where to start.
What Is Dropshipping?
Dropshipping is where you sell a product without ever physically seeing or touching the product.
There is no need for storage or you to make countless trips to the post office to drop off parcels.
Instead, you are acting as a middleman/woman, that is selling a product.
When you receive an order, you pass that order onto the dropshipping company for them to pick, pack and send to your customer.
Your profit is the difference between what you charge your customers and what the dropshipping company charges you. See the below image to illustrate this.
How Dropshipping Works.
Dropshipping products is a great way to start your own business.
The best bit is that you don’t have to lay out any money to buy products.
You only buy the product from your supplier once you have been paid by your customer.
I think everyone is familiar with eBay and Amazon nowadays's, however, Shopify is starting to become more popular.
Dropshipping With Shopify.
Shopify lets you create your very own online shopping store to sell products.
It also allows you to customize your storefront, accept credit card payments, track and respond to orders and much more.
The site also has step by step video guides to help you get your store up and running.
So let's break this down into 3 steps for you.
- A customer buys a product from one of your eBay or Shopify listings.
- You receive the order and money, then you send this order onto your drop shipping company.
- The drop shipper sends the order direct to your customer and you keep the difference from what your customer paid you and what you paid the drop shipping company.
With drop shipping you can offer a large selection of products without having to buy any stock, you just have to find the product and then list it using the pictures on the drop shipper’s website.
Benefits Of Dropshipping Products To Make Money.
Little or no investment required:
With drop shipping, you don’t need to invest thousands of pounds in products.
Instead, you only purchase a product when you have an existing order.
Huge product selection:
Because you don’t have to pre-purchase all the items you want to sell, you can offer a larger number of products and offers to your customers.
As you haven’t invested in stock, the risk involved with starting an online store is dramatically reduced.
If things don’t work out, you aren’t stuck with lots of products you have to try and sell at a loss.
Work anywhere you like:
As you don’t have to worry about countless trips to the post office, stocking lots of different products, packaging, labels and more.
You can run your Drop Shipping business from anywhere with a laptop and an internet connection.
Dropship Suppliers – Top 3.
1 – esources.com
The UK's Largest Wholesale Directory of UK Wholesale Distributors, Suppliers, and Products. Email suppliers directly, browse wholesale products and ask importers, distributors, and wholesalers to fulfill your orders.
E-Sources offer 4 account types…….
Basic Buyer Membership.
- Contact all premium suppliers
- View product prices
- Access free ecourse’s on trading
- Place orders with premium suppliers
- Submit your buy requests
- Contact suppliers faster
- Receive exclusive offers by email
Premium Buyer Membership.
- All Basic Buyer privileges, plus
- Access to the Internet's largest database of verified UK wholesale
- 3 access levels depending on your sourcing requirements
- Access to the UK's largest drop shipper's directory
- Membership from as little as £6.25/month
Basic Supplier Membership.
- Post your company profile
- Promote your contact details and website address to Premium Buyers
- List up to 200 products (accessible to Premium Buyers)
- Receive inquiries from Premium Buyers
- Access Premium Buyers Buy Requests
Premium Supplier Membership.
- Receive inquiries from unregistered, Basic and Premium buyers
- Priority Placements
- List Unlimited Products
- Get TradePass™ authentication
- Display your address, telephone & fax numbers live
- Access All Buy Requests + Archives
- From as little as £12.5/month
There is also access to many different articles on the website such as…..
- Communicating with Chinese suppliers
- Techniques to upsell
- Secrets of free shipping
- Helping find customers
- Import & Export
- Much More, See below example…
I have found many good sellers here, and another thing I like is most suppliers have a link to their direct website.
Each Drop Shipping supplier also lists.
- Brands distributed
- Where they supply (City/Country)
- Minimum Order
- Delivery Charges.
You really will be impressed with this site and it has served us well over the years, be sure to use the POST A LINK.
This is where you put on the site what you are looking to buy and sellers can contact you directly with their services and the best prices.
2 – Alibaba.com
This site is just HUGE!! When you log in on the homepage at the top they have 5 tabs at the top, which are Super Deals, Featured Brands, Best Selling, Tech Discovery & Trending Styles.
If you click the best-selling tab it brings up the best sellers for the week, this will show you some great products you can sell on your listings.
3 – Bang Good
I love this company and have used them for years, below is just some of the reasons I recommend them to you.
- Free to join
- They have warehouses all over the world so shipping is fast and you can sell overseas
- Free shipping on lots of products
- No minimum order unlike other sites
- Hot item recommendations on best selling lines
- You can use all the images on the site to promote your products
So that's my favorite top 3 sites that I have used for years and years.
Whatever you want to sell on your site or shop I am certain you will find it from one of the three sites above.
I have also listed below another 5 sites that I have used at some point over the years to make money dropshipping products.
So what's next and how to make money Dropshipping products?
I recently purchased a course on Drop Shipping and I highly recommend it. It walks you through the entire process step by step. Plus the price of this is great.
Not only do you get a full course but it also comes with software that builds your drop shipping website for you which saves so much money as you no longer need to use Shopify.
Plus it also comes with a facebook support group, case studies and lots more. The creator of the course make over 6 figures every month with this model.
Now it's up to you. Make Money Drop Shipping Products today by…….
Decide what you want to start dropshipping and then list the item.
Some quick ways to do this are…..
Open an eBay account and list the item or items you want to drop ship.
You then buy the product from your drop shipper and get them to send directly to your customer.
Finally, you keep the difference between what your customer paid you and the price you paid your drop shipping company.
Or let's say you want to open your own online store selling camping gear.
Head over to Shopify and start a 14-day free trial.
Upload all the pictures and descriptions from your drop shippers website.
Then once you sell an item, you buy the product from your drop shipper and have them send it to your customer.
So that's it, you are now all ready to start drop shipping.
Is Drop Shipping Profitable?
Absolutely, this is a really great way to make some extra money online. Plus because you can get started with little outlay more and more people are now using Drop Shipping to earn some extra money.
I hope you found this article useful and if you want more ways to earn money from home check out these great posts.
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