Do you want to build an ecommerce site that is professional and fully functioning? Do you know how to open a drop shipping store with Shopify in 10 minutes? I will show you how to open a drop shipping store with Shopify in 10 minutes. Shopify is a great source of passive income as you never have to hold inventory. With drop shipping your suppliers send products directly to your customers. Shopify offers a generous 14 day free trial. The good news is that this can be done around the world! Here is how to make money drop shipping on Shopify.
How to Make Money Drop Shipping: Earn Income on Shopify
Shopify has recently exploded in growth due the ease of use platform. Shopify does for e-commerce what WordPress did for blogging and content. Even a caveman can open a drop shipping store with Shopify.
In case you didn’t know how to open a drop shipping store with Shopify, here are the top steps to follow in order to open a drop shipping store on Shopify in 10 minutes or less.
What is Drop Shipping? Here is My Drop Shipping Definition
Drop shipping is the act of a manufacturer directly shipping a product to a retailer’s customer. The retailer does not hold any inventory on hand but instead transfers the customer’s orders and shipment details to the manufacturer, another retailer or a wholesaler.
The person accepting the transfer then ships the goods directly to the customer. This is a lot different than selling products and holding inventory. I like selling my travel photos since I don’t have to hold any inventory.
With drop shipping, this is truly passive income since you are mainly acting as a sales agent on a commission basis. While becoming a sales agent for a product, this means that you need to have great products, marketing and a relationship with your customers.
You have to give your customers a reason to buy from YOU instead of the manufacturer or other retailers that have the goods on hand. Think of drop shipping like flipping products.
Know that you know the meaning of drop shipping…
Why open a drop shipping store to earn side hustle income?
Drop shipping has a lot of benefits, but also a lot of downsides. One downside that truly stands out is that drop shipping is highly competitive. If there are no barriers to entry, anyone can come in and do EXACTLY what you are doing tomorrow. How will you differentiate?
Here are some of the benefits to opening a drop shipping store:
- Limited time required
- Flexible location
- Immediate profit
- Little to no upfront cost
- Limited risk involved
If you want to open a drop shipping store, you can do it quickly with no risk. If it doesn’t work out, you can shut it down with the matter of a click. If you are good at it, there is no limit on how much money you can make doing drop shipping. That is a huge plus. If you can successfully open a drop shipping store, you can increase your income significantly.
Owning a business is one of the most important wealth creation tips out there. If you look at the various early retirees, all of them have done so by owning and growing a business.
Using Shopify to make additional money is a great way to start learning the ins and outs of being a business owners. If you own or sell your business, you can be financially free overnight and be ready for retirement.
How to Open a Drop Shipping Store on Shopify
These steps will help you open a drop shipping store on Shopify in less time than it takes to order a pizza for delivery. By opening a store on Shopify, you can start making money from drop shipping instantly.
1. Register with Shopify
First step you will need to do is, of course, register with Shopify. They make it easy enough to use to sign up that you if you were able to register for an email address, you should be able to register on Shopify.
2. Buy Your Web Domain
To buy your domain name, click on “Online Store” then “Domains” and then, in the upper right hand corner, click “Buy new Domain.”
3. Set Up Email Forwarding
In “Online Store” menu, click “Domains” and you’ll see the heading “Manage Domains”. Select your domain and forward emails to the email address of your choice.
4. Choose a Theme for Your Shopify Store
From “Online Store” click on the “Themes” tab. Next, in the upper right hand corner you’ll see a button that says “Visit Theme Store.” Click on that tab and another window/tab will open up with Shopify’s theme store.
5. Add Products and Brand Collections
Install the app Oberlo to get connected with a supply. From their app, you can start adding in products to add to your collection and Shopify store. Stick with a niche, small product line to discuss your brand and success.
6. Pick a Plan to Use Going Forward
Here you will need to pick a plan to use for your shop. Start with the basic plan while you try to get your feet off the ground with making money from drop shipping.
From here, you should start thinking about creating static pages including “About Us” or “Contact Us”. You will want your customers to know who you are, what you are selling and why. Remember, this is your store so create it how you wish!
NOW START EARNING SOME REAL MONEY WITH SHOPIFY!
Happy Shopifying! You can open an ecommerce website in 10 minutes and with under $100 of total investment. This can present an opportunity with unlimited earnings potential. Shopify is best medium on how to make money drop shipping.
If you are creative and have an entrepreneur mindset, this can be a great way to build a passive income stream. Can you become a drop shipping millionaire? I’d love to see you try!
Here is an example of a Shopify ecommerce store that I came across.
Conclusion on How to Make Money Drop Shipping on Shopify
Website Builder created an interesting infographic about Shopify that shows the phenomenal growth of the platform from the easy setup, use and ongoing monitoring. Do you know how to make money drop shipping on Shopify? Contact us with any questions on setup, installation.
Need other ways to make money? Here are a few ways to make $500 fast.
Also, leave a comment below on your favorite Shopify techniques. Now you know how to open a drop shipping store with Shopify in 10 minutes.
Escalate your life and achieve financial freedom by joining Millionaire Mob.
Millionaire Mob is an early retirement blog focused on passive income, personal finance, dividend growth investing and travel hacking. With both a million rewards points and a million dollar net worth you can live a happier lifestyle.
Subscribe to the Millionaire Mob early retirement blog newsletter to find the best travel tips, dividend growth stocks, passive income ideas and more. Achieve the financially free lifestyle you’ve always wanted.
Join our community of over 3,000 mobsters seeking financial freedom. What are you waiting for?
Escalate Your Life.