How much it costs to start a dropshipping business?

[@Oberlo]

Looking for a pocket-sized version of the budget Jessica outlines? You can save it from our Instagram here 👉 bit.ly/2GiF0ju Make sure to follow us for daily knowledge bombs!

[@tonynkomo5908]

good day. thanks for the video. im interested in starting dropshipping.

[@Master.Jedi.Kenobi]

Hello everyone, if you plan to make a dropshipping business please listen to this one comment that will possibly save you. be CREATIVE. go NICHE. I made my first store a watch store and that is a big no-go, it is FLOODED with dropshippers already, meaning although i got around 5-8 clicks on my page a day i made no sales at all. Go with something you feel like no one is doing and where marketing will be cheap as hell because no one else is asking for paid promotions in such a niche area and influencers will go cheaper as the idea of making money from instagram is new to them. Watches is one of the most over-done if not the over-done shopify store, so please dont make the same mistake. There are other examples too of no-go areas which is common sense. Want some inspiration? Look at your surroundings. What do you have in your household that is niche enough while also being something people would want? That is a great way of doing it. Have a good day/afternoon/evening and I hope you find success!

[@Oberlo]

Thanks for this awesome piece of advice! We agree, and usually suggest our new dropshippers start with niches. It's easier to target your audience and potential influencers to work with. However, we've seen a fair share of general stores succeed and that's why we never rule out that business model. We certainly agree it's much more difficult though! -Jessica

[@brandonrosa5524]

Omg thanks for tell me that i was about to start a watch store lmao not anymore

[@akllls617]

So what was your successful store ? What was the product ?

[@soneil]

LifeVindication Thanks for the great advice.

[@jeremyl.7648]

@@akllls617 Most experts advice will only tell people what not to sell, but never revealing what they themselves are selling. So the bottomline, trial and error ourselves is the best strategy. Not a single "expert" will be generous enough to reveal the secret product that gotten them their first bucket of gold. Why have another competitor? Watches can still be a success if you do up a beautiful store, select quality styles of watches, pricing them reasonably, and target the right audience group. My 2cents

[@jozahxvii1428]

The point she made on people expecting to LEARN at the beginning instead of EARN was so powerful and i think that concept should be applied on all areas of business. GREAT VID great knowledge already subscribed!

[@doinbra4667]

facts

[@kawaiiculture9518]

it's always scary thinking about how much money you gotta spend, but knowing it can pay off in the long run is what is exciting

[@garethellison01]

So very refreshing hearing about dropshipping from a more neutral standpoint rather than 'mentors' just looking for money from vids and courses. I think I will reach a decision after gathering as much info as I can get my hands on, and make my own mind up through trials and errors. One thing I learned quite quickly is not to dwell on these things for too long. Yeah do your research. But sometimes the best way to learn is to get stuck right in! Learn as you go! I hesitated too much for my last project and went in 6 months too late while others didn't. Lost out on a ton of money! This is definitely amazing content! Well done!

[@ManPursueExcellence]

Gareth Ellison Never have FOMO (fear of missing out).

[@TheGremlinsParadise]

Mate, they offer courses on their website!!!!! And they also ALWAYS and ONLY show you the benefits of all of this drop-shipping. I never see them talk about negative things. Yah yeah that it is hard to start. But they make you believe that everyone can start there own webshop like this. And that my friend is not the case. 9 out of the 10 webshops that are made NEVER earn a dime, it only costs you money to run it. There are many many many other webshops that you have to compete with., Also they do not let you know that making a brand new webshop will have struggles because people at naturally dont immediately trust the shop. Also they do not mention the fact that Google search engine will NOT show your webshop at the top results if you search for a item, only if you directly search for the webshops name. Meaning if you dont spend tons of money to get a higher ranking in the google search engine, you WILL fail as you will have almost no eyes on YOUR website. There are a lot more costs that you have to make in order to run a webshop, costs that they are not telling you in these videos. For example all the subscriptions you have to commit with like Paypal, Visa and so on. On top of that you pay a x % per transaction in fees that you lose. If the money was send to Paypal and you want to withdraw it, once again you lose money on fees. But that one of the most important things of all. All other webshops with the same (like) products are also competing with you and others. This drives all prices down. Lets be honest: if you search for a specific watch, you will probably type it in google to find the cheapest place to buy, right ? Often these companies buy in these things on large quantities and sell them for slightly above the actual price. Their earnings per item is then only maybe 1 dollar or less. (so the 80 - 50 = 30$ per item what they show in this video is COMPLETE BULLSHIT !!) NO ONE WILL BUY A PRODUCT ON A UNKNOWN WEBSHOP FOR 30 DOLLARS MORE THEN OTHER WELL KNOWN WEBSHOPS THAT SELL IT FOR CHEAPER ! So effectively what you are doing is hoping some STUPID people that does buy it on your website. Often these are children or elder people that have no clue on what they are doing, or how to do it better. Effectively you are scamming the heck out of them and them wallet, of those that weaker on this subject. These videos are made for you to believe that everyone is able to do this, but the harsh reality is that only a very very very small percentage will actually hit success. The vast majority loses. They are just hoping you bite for their online course, for their income, their benefits. Not yours. Just think of this. If everyone paying for this course actually becomes successful, we will see 10000s new webshops pop up every year that are successful. In reality it is only 1 to 10 new successful webshops per 1/3 years. And 95% of all those webshops are BIG COMPANIES ! You WILL NOT have the funds to compete with them. It costs 1000s of dollars per year to get a high (and stay high) ranking in the google search engine. These companies have LOTS AND LOTS more money. Google Ads and the search engine work on a simple basic rule. If person A spend 100 bucks to promote his product, but person B spends 200 bucks to promote that same product, person A will lose and get 2nd ranking because person B payed more. Now i am just talking about persons, a company does not spend 100 bucks, they spend thousands upon thousands for promotion. MONEY YOU WILL (as a average person) NEVER HAVE IN THE FIRST PLACE !! So please save your wallet !!! And invest in something that actually gives you a chance of succeeding !!!!! With this idea you will just lose money on running cost and promotion, while having a VERY VERY VERY VERY HIGH risk factor on a VERY VERY VERY LOW reward factor !

[@angelica_maria]

@@TheGremlinsParadise damn I was really wanting to do this but what u said is eye opening since I'm naturally very skeptical about these things

[@iwasbored7833]

@@TheGremlinsParadise How long have you been doing this ? I have a reasonable level of skepticism revolving this stuff myself. Would I possibly be wasting my time and money trying this business venture. Like, what products did you try sell when you start off, how long did you do it for and did you ever make any sales on it ? Also, when and why you called it a quits on it ?

[@laylachisom8996]

Tired of all those Wanna be a billionaire !!! Watch this video !!!!

[@Deenkibaat-o9c]

*Dropshipping is a system which you have to understand in detail at beginning after that it will be a piece of a cake for you*

[@bamlin52]

I haven't started drop shipping yet. Iam going through all the videos first. Research is so important. It will minimise mistakes. Great video and realistic. Many thanks.

[@drakecollins8746]

However mistakes are meant to be made, so that you can learn from them. I am going to start now as I have gathered alot of data. Once I have made my mistakes I will learn how to avoid them

[@shaughnshaughn5081]

1 year later how has dropshipping treated you???

[@andrewheavenridge7955]

She introduces big ideas really quickly, sometimes it's hard to manage pausing in time.

[@mikeminer9697]

you are totally right about marketing the $250 is for data and once you seen some ads working great and getting a solid ROI you then pause the ones that are loosing money and invest in the ones that are doing good.

[@maximilianschmidt5941]

LLA's

[@jefferythompsonGRYTman]

totally!

[@ojiisan2088]

@@etherealunatti $5

[@stylerinspo]

Do you recommend a course for how to advertise on Facebook?

[@gamernick4620]

Momma Nissy hey go to KZbin KING COMM he has A LOT of amazing drop shipping content including exactly how to Facebook Market! Just go scroll through all of his videos and pick the areas you want to learn. He is the best I have found in over 3 years!

[@fawzi7771]

You have summarized the whole online commerce so well . I am just starting my new shopify and drop ship. Bravo 👏

[@aaronwoodward2278]

For those with little spare cash. You can scale up. It can take time but it's doable. Start with what you can spare and work at it as a side job if needs be. Make a little money, let's say €£$100 . Put that 100 into advertising. Make another 100 repeat. Now you are at 200. Repeat.. Repeat... Repeat. Until you hit what you wanted to make from it. Obviously this is a very simplistic explanation of what is a months long process.

[@Oberlo]

Great attitude Aaron! Step-by-step is the best way to do it. Once you spend the first $100 on advertising, you can analyze the data and see what you did wrong. When you're ready to invest again, you'll be much more knowledgable and your ads will perform better! -Jessica

[@thefansverdict1]

My problem is since aliexpress delivered between 3 to 4 weeks, won't my customer find out that am drop shipping from aliexpress?Since is going to take 3-4 weeks before it will be delivered to them

[@joshuaochia1332]

Shuaib Kamalludeen don’t use aliexpress

[@thefansverdict1]

@@joshuaochia1332 ok bro. Please tell me what to use??

[@mikym905]

thank you for kind words

[@nabeelkhan2632]

The presentation is excellent PLUS the way you stand!

[@puffchickpam1]

When you’re thinking of starting or growing your business, most videos don’t add the $$amount to them. Thats why i like this video. Gotta put a pencil to a plan. Kinda like the show Shark Tank. They wanna see the numbers. Helps you focus and plan

[@lilanu9482]

I'm a 16 year old male living in sweden and I want to become an entrepreneur, starting an e-commerce business, your videos are helpful!! Thanks

[@salimzekri1668]

Hi Jessica, This is my very first tutorial video about how to start dropshipping, i find it very clear and to the point. Thank You! I am on to oberlo.

[@nurudinmudhir9337]

Very short and clear .. made me take the step.. thanks!

[@schiussi]

finally an honest explication with real metrics of what this activity is, costs and gives back, well done!

[@godswordevangelism]

Another great idea for advertising is using KZbin. I'm not talking about KZbin ads, I'm saying that a dropshipper or anyone who is looking to advertise products should start a channel where they are demonstrating and reviewing their product(s). This type of channel not only brings attention to the product, but also to your store, and you can monetize your channel which brings revenue back to you. KZbin is one of the most popular social media sites and this idea is a win, win for you, for advertisers, and for KZbin.

[@whoagizmos1493]

Thank you. You gave me a starting point of numbers to work with. The answers I have always gotten on how much to spend on FB to start out is “whatever you want” or “whatever you can afford” which is not helpful. Thank you as always!

[@DonaldDUHKID]

The key is to choose the right products. Instead of selling random knick knacks you can find at your local Walmart, sell problem-solving products with a passionate audience. In regards to budget, the more the better. This way you're not panicking when you out spent your $250 budget. I allocated $2000 for my dropshipping business when starting out exclusively for marketing costs for Facebook ads. You also have to consider that Facebook ads is a very lucrative skill to learn. Sure, it's more expensive than Google Shopping Ads or Instagram influencers, but once you learn Facebook ads it not only helps your dropshipping business, but you can sell to local business providing another stream of income, affiliate marketing becomes hell of a lot easier, you can sell courses, the possibilities are endless with Fb ads despite its significantly higher initial costs.

[@huhanarare4933]

This has been so helpful for a beginner laying out all the costs has been the best Thanks alot will get back to you when I do my 1st month

[@vishalrai2490]

Have u get sales plz reply me

[@bronxho]

Great video. What you also need to put into context here is the fee that shopify will charge for sales, so from my calculations, it will be cheaper to start a wordpress site and set it up yourself, not that difficult, and you can excape alot of fees.

[@najlaaakhiar9843]

Thanks for the video, a lot of helpful information, but I still you're missing out an important cost which is paying for orders , it takes days or weeks for people to release the money of the client and for bank it takes days as well, so the dropshipper can't wait until receiving the money to pay the supplier and send the client the order confirmation and shipping details , so I think it's the biggest cost in the whole process, can you advise on that !?

[@ou.soufyane1179]

I agree

[@TraeFittz]

Great Information 👌🏾

[@pathfinderstravelmagazine2903]

Finally, someone who breaks it down. And thanks to person here who suggested Google ads. I've been locked out of my FB ad account for two months and can't get help. If anyone has a customer service number would so appreciate your help.

[@MAFA.ACADEMY]

The last-minute talk helped me a lot. thank you

[@intheworldofmari]

I am busy setting up my FIRST store!! Whohoooo!!!🎉

[@Thewa.terguy]

can you plz share that website link?

[@questionsonchristianity8204]

I'm just learning and soaking up information at the mo. I hope you are doing well.

[@FF-pn7fx]

I'm so thankful for your information!!

[@DJAD_Kaan]

I have challenged this when you post it on instagram as well. %1 conversion rate is a losing conversion rate, if you're making profits your conversion rate is between 2-4, seasoned dropshippers can even hit between 5-10. I hear you said it's about collecting data. so please should throw almost $400 to collect data on 1 product? it could just be a dead product which data can do nothing to bring it back. Testing 1 product is not a start. Success in dropshipping is about market and product research. so i don't think there was ever a guy who learned enough from marketing 1 product to begin with, let alone succeeding with it. So the key is test at least 30 products to find a winner if you're just beginning. Yes, you lay a calculation as a starting budget but $250 marketing on 1 product is not how you start. If you're on a budget you test a product with $5/day for at least 3 days, but max 5 days before killing the ads. so it's $15 for marketing and 450 if you test 30 products. and you don't need apps for starters because you will get those apps once you find a winner to increase sales and profit. if you know what you're doing, you can make it work and find the winner product in 3 weeks, which is still in the trial period if you ask shopify customer service for 1 more week, which they are happy to grant. hence no store or app cost to see if you're able to generate sales. Only $450 for testing 30 products with $5/day budget for 3 days. Testing for 5 days is even better, so 750. and believe me if you cant make it happen with $750, it means you need to study more, otherwise throw 10k in the game, you'll still lose.

[@Oberlo]

Thanks for your personal insight Burak! Although everyone's journey is different, many dropshippers do just sell one product at a time. Once you've got an eye for it, it's easier to identify a strong product for testing (instead of a group). Check out our video with Scott (bit.ly/2CI2IVq), he's living proof that a single product does work! -Jessica

[@OlderWomenRock]

Burak Kaan Kızılkan I wasn’t exactly able to follow everything you said . Still I think I got it . 80/20 rule . I was in Retail fashion for a long time .I saw the 80/20 principle work when buying stock . Only roughly 20% of the stock I bought were winners . I only made profit from 20 % of my stock . That’s why it was hugely important to recognise the winning garments straight away and buy up big until their popularity waned . I also put the price up immediately as market showed me that a product was very popular and would be popular at a slightly higher price ....hence more profit .

[@DonovanDaniels]

When I clicked on this video and saw it was made by Oberlo, I thought it was going to be another poorly made video just for advertising purposes made by a company, but this video was actually surprisingly good! Liked & subbed :)

[@Oberlo]

Thanks for the great feedback! Stay tuned for more. 🙂 -Jessica

[@RickyHayes]

Setting up a budget for your dropshipping business did not ever seem this easy. Thanks a lot to this fantastic video that has taught a lot regarding the budget setup.

[@aztrix364]

Watched this at 1.5x speed and it was so much more bearable

[@Deiondrick]

Not all heroes wear capes.

[@RaiRizwan]

awesome learned lot about the drop sipping and the startup cost

[@JacoProductions]

Great video, thanks! Was helpful to know my budgeting is on track - I'm soon to launch my dropshipping store with a budget of £500. I set £300 aside for marketing, £100 on samples and the rest for my web infrastructure and any oversights.

[@Oberlo]

Hey, Nathan! I like you're thinking, you're right on the money. -Jessica

[@vanessaxpereira]

Hey Nathan! I have the same budget as well and will launch my store soon! Please do keep me updated on how it goes for you - would love to be in touch and help each other out if you're keen, my IG is vanessaxpereira :) all the best

[@JacoProductions]

@@vanessaxpereira Hey Vanessa, great to hear from you and best of luck with your store too. I'm not a big Instagramer but I'll follow you for sure. Be great to see what it is you'll be selling x

[@tidusfantasy]

Finally a crystal clear video. Unlike many other videos which r very lengthy and not relevant to beginners, this video is very clear to beginners. Thank you very much.

[@КристиянИванов-к8й]

damn i didn't know Oberlo's channel provided so much value 🔥

[@Oberlo]

Don't sleep on our KZbin channel. Thank you for the comment! 😀 -Kitana

[@joguertin4181]

This was by far one of the most valuable dropshipping videos I've seen thus far. There are too many youtubers out there who are going on amd on about how you can start a successful Shopify dropshipping business for less than $50. So not true. SUBSCRIBED!!!

[@alanlawsongroup]

This was a awesome video. I am looking to start a online business and I have yet to see someone break it down like this. Very good value. I would love it in a PDF or DOC format. Trying to launch in January 2019.

[@MubeenKhan-dz3lw]

@Alan Lawson how's the business going

[@alanlawsongroup]

It’s going. I launched a affiliate website for a CBD business. Also got a podcast and KZbin channel. Trying to find my voice as well as learn this big game of network marketing.

[@MubeenKhan-dz3lw]

@@alanlawsongroup well good luck to you I will start drop shipping as soon as I get the funding secured. Hopefully both of us will be successful

[@alanlawsongroup]

@@MubeenKhan-dz3lw good luck to you as well on your journey. it has been a long road to this point for me but i finally feel like i am doing something that i like.

[@MubeenKhan-dz3lw]

Legit you are right! I feel the same way. BTW you look like a married man and I'm currently 19 lol

[@rahulsardar3262]

Thank u very much for such a great knowledge I really love your all contents 🤗🤗❤️

[@rosacontini3053]

What is the difference between using Oberlo or going through Allieexpress?

[@UnfoundTravel]

Nothing. Use DSERs from ali express.

[@maureenzuerner2434]

I wish I had known about this a lot earlier. I got caught with 4 companies coming at me on the phone from an old site that I had up. By the timer I got done, it was over a year now, and $35,000 out of my pocket with things still not right to market. I will be paying for this the rest of my life. Don't take phone calls from anyone telling you that they can make you a website to get you up and running for a business. Too old too to go back and do it again too. Thanks for the info. Much needed! ~MZ~

[@nicklebron8755]

Don't give up

[@giuliatimi]

Hello my question : It`s a problem now with coronavirus ePacket in Europ from China? I`m just checking out your cuorse and I think to start dropshipping. Thank you for your answer.

[@empireafricain]

Very nice video! Something we get into dropshipping without knowing how much it will cost and think that we ll make it with 5 bucks lol. And the optimization point is very important!

[@gawdlysiinz5134]

Kilombo D Palmares some people make it with 5 bucks

[@mondliemalinga1396]

And most dropshipping gurus will not tell you that you have to fulfill orders with your own money since most payment gateways will hold out money for some weeks

[@rasmusrasch3321]

I really liked this video! Thank you ^^ It was very helpful to get an honest estimation of what it is like in the beginning, now I´m more convined that it might be worth loosing money at first before I actually learn what the customers want. ^^

[@Abby-je6nj]

So do you have to pay for the product itself when you are getting inventory? Like say you’re getting it from alliexpress or Allibaba, are you paying for the products that you are using to stock your store? That’s the only thing confusing me.

[@james33707]

Very informative - I agree with stewie google is way more effective, it cost more but the bounce rate may be lower.

[@josephwunstell1008]

Dear Jessica, what is your opinion on buying a shopify dropshipping store from, shopify exchange

[@anthonyward5651]

Can you answer this. Money makes money and coversion rates are ROI. For what its worth. Domains are cheaper @ namesilo around $10. Always remeber every time a product goes through an affiliate the price goes up. Amozon is the king or all affiliate sites but also has a fullfilmenet center to boot. So still the best. For start ups on a budget. Take a look at builderall covers everthing needed and you have a 7 day trial start up budget of 0$ only $10 domain plus you can build funnels mailing list capture pages and build your brand for 4 months and build videos like this one for 100$. Then you have a business for 29$ a month and you can build an app if you want. An onle business for 365$ per year, hows that...??? A business for 1$ a day. (No affiliate links here)

[@Oberlo]

Can't argue with that! There are many ways to put an online business together. It just depends on how many moving parts you want and what your skill sets are. Thanks for your comment! -Jessica 🙂

[@kernelrom2349]

@@Oberlo Admirable reply.

[@eduardoguzmanlosantos1441]

Do you have this video in spanish versión. I didn´t find anything spanish subtitles. Thank you in advance

[@memesflowi]

If im using instagram to dropship do I have to make another page everytime I'm selling a different type of product?

[@salmanmasud5704]

Either shopyfy is best for dropshipng or woocomerece??

[@iamcreator4332]

Do you have information on paying sales tax for drop shipping business?

[@casketman14]

I Am Creator after you start making 3-5k a month revenue, you should google “CPA near me” and look for someone to do them for you. It will save you money and time believe me

[@growingsquirrel7161]

Completely agree!! Its difficult to crack it in initial stage but constant learning , experimentation and perseverance will lead to success eventually.Thanks Jessica.

[@FrogHollowBeats]

amazing video but i had to stand up to watch because youre standing lol!

[@sidhant8659]

U have OCD?

[@wyntermackenzie4952]

@@sidhant8659 yes, Obvious Courtesy Displayed, of course.

[@robertmedina6875]

Your significant other has trained you well😀🤣

[@Ronjiggy420]

Conor Kennedy 🤣😂😂

[@Ronjiggy420]

@wyntermackenzie 👏🏽👏🏽👏🏽👏🏽🤣😂😂🤣💪🏾💪🏾

[@UnfoundTravel]

What about the cost of an accountant. Accountancy system. Tax. COGs. Company registration. VAT registration. So many things missed out which you must do!

[@nadirkhan753]

very realistic budget and very well presented!!

[@albiceleste101]

Jessica is smart, well spoken, absolutely gorgeous, asks the right questions and I great at social media management, great woman

[@AkhilVaswani]

2019 Video, They just Changed the title after the New Year.

[@Wynter_Heat]

very smart

[@MrNightsens]

its from 2018 :D

[@777robocop]

Literally everyone does that

[@Adilahmadofficial]

That's called doing SEO

[@sajid1891]

2020 too lol I had a feeling I have seen this before.

[@abchannel375]

I already spent $284.00 and 127 visitors 1 sale I have done everything you said. The sale was from a friend

[@dw1826]

Tax Time money this year is for investing in myself.

[@tenacious1]

God send! I was wondering what I could expect my marketing costs to be based on my goal - turned on my laptop today and there was my answer. Thank you.

[@M1NTFR3SH]

This was very helpful thank you!

[@Lefteris-Antoniou]

how many products to start my shopify? 50? if I start with 1 product I will make sells? or not?

[@PaulLesterSMM]

Ok, so I am just starting out and learning more each day, I have still to make a sale but starting to get my head around FB advertising, but need to target better, I have over 500 hits so far but no sales. :-(

[@Oberlo]

Hey there! Sometimes it takes that many visitors to make sales. You need to give the Facebook pixel enough time to learn what traffic is valuable to you. Also, pay close attention to your sales funnel/customer journey, make sure to fix any glaring errors or things that might interrupt the process! -Jessica

[@marcofortez]

change the video of the ad, explain the problem in less than 3 seconds then the solution for 27seconds max, thank me later!

[@yrkeenan1218]

@@Oberlo how simple is it to get started?

[@casketman14]

It can be the product, the type of marketing, the website etc. So many variables

[@sohailbuttzubair1148]

First time learning about drop shipper

[@cafeMusic36]

"Realistic Dropshipping Startup Budget for 2020" - uploaded on Dec 27, 2018

[@alfredharrison597]

I noticed that too lmfao!

[@stillness4610]

They know the KZbin algorithm 😂😂. See you again in 5 years.

[@CameronLee4da3]

is it necessary to buy samples before you sell them?

[@muskreality]

All in all just get a capital of $200 minimum

[@AdamSmith-eh2qk]

You were definetly spot on with today's video. Made everything about a beginner's first step very simple less complicated.

[@Oberlo]

Thanks for the feedback Adam! Happy to hear we were able to break it down and make the journey a little more approachable! 😊 -Jessica

[@KavaKavana]

The items that you’ve purchased to test could be sent to smaller Instagram influencers in the same niche as trade for shout outs to further test products eh?

[@catherineocampo8309]

I will try soon and consider Oberlo the budget is quite low and its really nice

[@wallopwallop9125]

My start up budget is around $600, but I have a 50k insta account and I’ve spent 100$ on a. Facebook ads course...will I be ok?

[@Oberlo]

Hey Ben! That sounds like more than enough to get you started. You got this! -Jessica

[@joseescadapicarra2729]

Fantastic video! Thank you very much, very clear !

[@Mindywicca]

I loved your clip. Are you able to eventually make a full time living from Oberlo.

[@Oberlo]

Definitely Melinda! Check out some of our success stories to see how others did it (bit.ly/2pwBCJv)! -Jessica

[@marinamohd1210]

Thank you Jessica & oberlo for the free 101 course..love your videos so much value.

[@Oberlo]

You are so welcome! -Jessica

[@siabasingopatrice3758]

I think using Insta and KZbin influencers are better.

[@keriwright5248]

I already have a NON-Dropship store on Shopify. Do I need a new website for dropshipping or can I use the same website that I am selling my other products on?

[@kenz2829]

for those who have no money at all

[@Oberlo]

Hey there! As a basis, you will need $29 USD per month for the Shopify monthly account fee. Otherwise, you can use the Shopify domain and focus on free traffic until you get sales rolling. Here's an entire eBook we dedicated to free traffic (bit.ly/2LVuxiG). -Jessica

[@cherianjitin]

@@Oberlo that's not true. There's a Shopify lite plan at $9.99. It allows you to use some essential features of shopify and sell through Instagram and Facebook for those who don't want to scale up to an online store.

[@Oberlo]

Hey there, Jitin! You're absolutely correct. The plan also gives you access to Buy Buttons so you can embed them on an existing website you may already have. That's not something we're looking to skirt around, we often suggest it. In this case, the most common setup for an online business using Oberlo is the one we featured above -- often because many people are new entrants and do not yet have an online store elsewhere. So for simplicity, that's what we suggest. In addition, it's important to build your online assets both on social media and off. So we value having a website right out of the gates. -Jessica

[@Godswill_17]

this is great. ive been researching for the past two weeks and this video informed me so much

[@kunjbiharibudania4866]

I'm starting with $1400 is it enough

[@saba091ify]

Best of luck

[@jassocial1944]

Saba Abbas 😂

[@integrity4032]

Awesome video good info!

[@qazwacook1983]

10,000 eye balls since each human has 2 eyeballs quick math btw

[@theaceteam3063]

Great information for anyone looking to any business the average to profit usually takes 3-5 years just a rule of thumb

[@alfredharrison597]

You can achieve it in 6 months, but more realistically 1 year. Depends on your product research skills and if you are a doofus or not.

[@nathanwaltrip7220]

7:00 Am I the only one irritated that she said 20,000 eyeballs instead of 40,000? Lol

[@hydragons]

Yep because 1% of 20,000 = 200

[@defco89]

ur probably alone on that... although if she'd said *_20,000 sets of eyeballs_* that would've been more accurate. I think the math was more important than satisfying countless pedants on YT.

[@ΚωνσταντινοςΣπανος-μ5λ]

Honestly , the only thing that kept my interest alive was that jessica admitted in the end of the video that our first attempt might not be so much profitable. If Jessica wanted to lie she would probably say that we would become millionaires overnight. Fortunately that is not the case. And i'm glad to hear such realistic approach. The know how is more valuable than any e-store. is the key word here. And also it takes courage and faith to enter such business. I live in Greece. I do not have previous experience in e shops. And I hesitate to start business wiith people who are on the other side of planet earth. I don't know them , they don't know me. We are complete strangers. But still I have to trust them. I have to pay for their services , I have to listen to their advice and I have to have faith that what i am doing is the right thing. If it turns out to be the wrong decision , that won't mean that having faith is wrong. It's a new world out there. 25 years ago we wouldn't be here discussing about e-commerce. If , at the end of my effort , I find out that my attempt was unsuccessful and I lost 400 or 500 euros that will also be added up to my constant learning process. Jessica you do know your job. Definitely. Greetings from Greece

[@100-p7d2l]

Dropshipping in 2019? Gooood luck

[@trealkb7653]

100 further explanation?

[@svetlinsofiev6729]

Lol dont tell me you think it's dead or whatever

[@raphiology]

Its a business model idiot. It will never die

[@anthonyward5651]

@@svetlinsofiev6729 lets just say.... you are right. Like the gold rush most people fail. Only the suppliers gain. Domain names, hosts and these people through adds... Good luck?!

[@XploreAz]

100 you know how long people have been saying that? Haha!

[@mamaskylee2102]

This is a great deal. Ive been looking for business to start without arm and leg cost. Such greatful to cross to this channel😊😍

[@mamaskylee2102]

Btw do we have to have that total amount when starting the business or this is just idea how it looks like eventually?

[@vishalgoswami2328]

I love you jessica

[@Oberlo]

Hi there! 👋 You can find copy writers to hire on websites like Shopify Experts (bit.ly/2YV8GPK), Fiverr (bit.ly/2YRFxVe), and UpWork (bit.ly/2YOnkbj). Let me know if you have any other questions. 🙂 -Kitana

[@ThorosThor]

Im more confused now after watching this then when i was before... No one is giving any substantial useful info thats cause no one that does well wants any competition So therore no video outthere tells u what u need to know - The Truth.

[@rayray7892]

Are they really doing well or still living in mommies basement

[@Dvssonance]

I recommend you watch the channel Wholesale Ted. She's extremely informative and she basically holds your hand and walks you through all the steps you'll need to know

[@splendjet7792]

great video ever . i'm about to start my business with drpshipping next month. now i'm leaning how to do that and you are amazing.

[@adriangstern]

She has no idea what she's doing. she mixes one-off costs, annual costs and monthly recurring costs into one total! Nonsense. They need to be dealt with separately or normalised to monthly or annual costs! Beware!

[@altathomas2072]

I did find it helpful but I'm little short on founds but the price isn't bad

[@brianlowks8301]

Me first lol

[@jonassaparavicius7461]

Congrats

[@ladolcerocca8098]

great but what´s the profit of this $400 start investment. What´s approx the ROI % of the investment?

[@shaykespeeer7040]

The reality of opening a new dropshipping store in 2019.... less than 5% of you will make ANY profits. Even after a full year. Period. Truthbomb.

[@aaronnolan5377]

Where did you get 5% from? Is that a guess?

[@jamisteven1]

More like guess-Bomb, and “I’m a troll-bomb”

[@shaykespeeer7040]

@@jamisteven1Sorry you can't handle the truth. Some people just don't like the truth and would rather live in la-la land. You be you tho.

[@trealkb7653]

Guys the rich don’t want us to get rich aswell of course if everyone was to start drop shipping it would no longer be profitable/ become less profitable. Keep a positive mindset and don’t ever let people tell you what you can and can’t do.

[@blaiser9465]

@@aaronnolan5377 E = MC^2, maybe🤔

[@gewurztramina]

A more useful video would answer the question: what are the minimum realistic budget AND time needed to to become profitable with dropshipping? Or at least to break even. Because spending $500 to get 5 sales is just very discouraging.

[@Mr.CreamCheese69]

Or cover ad costs buy selling a bulk box. Fitness products for example, make a set and sell that

[@Oberlo]

That's an interesting idea. Defintiely worth trying out! 🙂 -Rio

[@TravelChannelOne]

This can't even push the store for half a month....$3000 is a more realistic figure. You need to have the store open for atleast a year to atleast make back some money.

[@Oberlo]

Although everyone may need a slightly different budget, you certainly don't need $3000 to start! Additionally, our merchants get their first sale in an average of 20 days, not a year. If you were interested in how they do, we just released an ebook called "21 Days to Your First Sale" (bit.ly/2EZZFJF)! -Jessica

[@sirklatt]

lol, you can literally start with like $100 or less if you get lucky with the right product. Stop making it sound that hard

[@fidicultureja]

U don’t need to have a store for one year to get profit, u started with $50 u earned $300 , u reinvest that $300 and test products then u earn more and find a mentor

[@Oberlo]

That's the way! 🚀 -Jessica

[@anthonyward5651]

No traffic.... must have customers?

[@tidusfantasy]

Finally a crystal clear video. Unlike many other videos which r very lengthy and not relevant to beginners, this video is very clear to beginners. Thank you very much.