How Long Does It Take To Make Money In Shopify Dropshipping?

Shopify dropshipping is a business model in which eCommerce store owners do not keep the products they sell in stock. Instead, when a store owner receives an order, they simply contact the dropshipping supplier, who will then ship the items directly to the customer’s doorsteps.

If you are considering starting your own Shopify dropshipping business, this article will offer insights on how to use Shopify to make money and what you should consider before beginning your venture.

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What Is A Dropshipping?

Dropshipping is a retail fulfillment strategy where e-commerce stores do not keep inventory and instead utilize third-party suppliers to ship their products directly to consumers. Simply put, a drop shipping business is one in which goods are shipped from a supplier to the customer rather than from the supplier to the store.

Many dropshipping suppliers offer goods for sale on Shopify. Dropshipping companies also build their eCommerce stores and sell products from their websites. And there are even data centers out there that will host your Shopify store for you, allowing you to simply buy your products and ship them directly to your customers at a low or no shipping fee.

Things You Should Consider When Starting Dropshipping Business On Shopify

Dropshipping is a powerful business model that can help grow your eCommerce store and make money in ways other than just selling. Although dropshipping has many benefits, you should also take into account the following before you begin selling with Shopify.

Talent

One major benefit of selling on Shopify is the opportunity for anyone to start a dropshipping business. However, despite the fact that anyone can start a dropshipping store, it does not mean that everyone should.

Just because you are able to set up an eCommerce store in Shopify and begin selling products online doesn’t necessarily mean that you have the talent required to run an eCommerce business effectively.

Budget

Dropshipping requires a great deal of money and time. In order to get started, you must invest in a dropshipping platform that will allow you to import products from suppliers and then use these products to sell on Shopify.

You will also need to make certain that you are selling a quality product because if your customers don’t enjoy what they receive or if the items are damaged, you could lose valuable customers in the long run.

Product Choice

Besides being wise when it comes to budgeting for your business, it is also important that you choose the right product to sell on Shopify before beginning your venture online. In order to make sales, you will need to get your customers to engage with your product. You will also want to find a product with a strong demand on Shopify that you can resell frequently.

Marketing Strategy

In addition to the obvious benefit of owning a dropshipping store – the ability to simply buy products from third-party suppliers and ship them directly to your customers – you also have the opportunity to have great marketing skills on Shopify. Since you will be selling products from other sellers, you will have much more flexibility in marketing your store.

How Long Does It Take To Start Earning Money?

Starting your own Shopify dropshipping business does not require much startup capital; however, the investment you do make can take some time to see a return. Depending on the product you choose to sell on Shopify, you can begin making sales in as little as 24 hours.

For example, if you are selling physical books or DVDs on Shopify, you will need to wait for your inventory to arrive from your dropshipping supplier before you can begin selling these items online. If you are selling a physical product with a longer production time – such as furniture or outdoor equipment – it could take up to two weeks or even longer for your order to arrive.

How To Boost First Sales In Shopify Dropshipping?

Even if you have invested in a high-quality dropshipping store that sells a popular product on Shopify, you will still need to market your business before getting your first sale. Since it is highly unlikely that someone will stumble upon your store and make a purchase on the spot, you will want to build up some authority regarding your brand. There are some tips to boost your sales on Shopify.

Send Some Samples To Relevant Influencers

Who are the influencers in your niche? If you don’t know, research and look at people with large audiences, especially on social media. Send them samples of your product with a note attached asking them to promote it to their audience if they like it. This is a great way to get influencers talking about your brand, which will positively impact your first sales.

Start A Blog

Choose a topic that you know is relevant to your target audience. For example, selling a women’s clothing store, you could start a blog on fashion tips or trends. You can also start a blog started and include reviews of the products that you sell, this will help boost your sales on Shopify.

Offer Discounts And Coupon Codes

There is a way that you can offer discounts on products that you sell. If you are selling a high-quality product, use discounts and coupon codes to increase your sales. Many dropshipping suppliers offer coupons and discounts on items they sell on their websites, so check these sites out before beginning your business online.

The Bottom Line

In the end, whether you are a beginner or a veteran eCommerce merchant, Shopify is a great platform to build and sell your products. Shopify can handle all the technical aspects of selling online, from selling products through advertising to shopping cart systems and dropshipping. And because it provides a super simple way for anyone to start an online store anywhere in the world, there is no reason not to try it.