Start a Shopify Dropshipping Store to earn 10000+ $ a month without Investment
for more details download the full ebook with all the step by step process from below link.
Start here
What is Dropshipping?
Dropshipping is a business model where you can sell physical products without having the actual items with you.
This business process is also known as retail fulllment – where you connect to a third party who will be responsible for storing,
shipping, and delivering the products to your customers.
Dropshipping is the perfect and popular business model for many online entrepreneurs. When there’s an order from customers, the store
owners just need to contact the supplier. The order will then ship by the supplier to the customers directly.
A dropshipping store is simple to set up and easy to manage when you have the right platform and it doesn’t require a large amount of
up-front investment as well.
One of the best platforms to start a dropshipping store is Shopify.
Why would I start Shopify dropshipping store?
When you start a dropshipping with Shopify, you will never need to worry about the delivering process and stocking problems. You will
only order the specic amount of products to meet your customers demands.
You can choose the products from the popular marketplaces such as Oberlo and AliExpress to quickly add them to your store.
By successfully building a dropshipping store, you won’t have to keep your items being sold because of a third party – ideal for online
selling your supplier – will take care of them
How to start a Shopify dropshipping store
In this guide, you will learn how to apply the retail fulllment method by creating a dropshipping store with Shopify.
Before we get into the process of creating your rst Shopify dropshipping store, you need to perform a critical set of tasks to determine
the protability and success of your store.
Step 1 : Identifying A Protable Niche
You simply cannot pick products to sell at random in the hopes of turning over prot. To maximize the performance of your drop shipping
store, you need to identify the niche of your shop before you proceed on creating it.
By researching for the best possible product to sell based on dierent factors, you can guarantee to make a sale and turn your initial
eorts into passive income for years to come!
When it comes to unearthing the best niche for your dropshipping store, below are some of the best practices you need to observe:
Sell products that cost between $1-20 – When selling using the
dropshipping method, you need to consider the overhead costs that you
need to spend on when taking orders and placing them with your third
party supplier. Therefore, selling products at this minimum amount lets you
maximize your earnings – you can price the item 60% higher than its
wholesale price. Not to mention, you can keep your losses to a minimum
since the capital isn’t high, to begin with.
Target upper-middle-class customers – You want to appease an audience
that not only has purchasing power, but also disposable income. The middle
class with at least an annual income of $100,000 is your ideal target
market. They will be more than willing to spend on a premium product that
they need and want.
Sell product with no discernible brands – I t will be harder to penetrate a
market with a predominant brand hawking the sales. To make the most out
of your store, you need to sell a product without a popular brand
dominating the market. Doing so allows you to have a ghting chance to
make money from your shop.
Tools to help you determine your niche product
The factors mentioned above is just a basic overview of the things you need to consider when choosing a niche product.
At this point, you want to justify your choice by researching for keyword diculty and competitor analysis. Below are additional tools
that you can use to validate the niche product you want to sell.
Google Keyword Planner
Google is the search engine that people use.
For sites that rank on top of search results for their respective keywords, they are getting not only lots of trac but also possibly
conversions. Therefore, you need to leverage the data made available by Google by using its Keyword Planner tool.
For the purpose of niche product research, this tool will help you nd keywordideas that you ought to potentially sell on and ultimately
rank for your shop.
Upon logging in, you will gain access to a general overview of the keyword’s searchvolume. As a site owner, you want to nd keywords
that are frequently searched online. By choosing such keywords, you can increase your chances of getting found by your customers,
assuming that you do rank for your chosen keywords.
To use the Keyword Planner, click on the “Sign into Adwords” on the homepage. You also need a Google account to use the tool.
After logging in, click on the “Search for new keywords using a phrase, website or category.”
Once you click, you can enter a product that you’re interested in selling.
For this purpose, let’s assume that I want to nd watches to sell on my store. Therefore, I can type “wrist watches” on the product or
service bar. Also, you can narrow down your search by identifying the product category and the location of the search.
for more download full ebook with all the step by step process from below link