How Much Does It ACTUALLY Cost to Dropship? [Shopify Startup Costs]
- Starting an online business through dropshipping can be an exciting venture, but it's important to consider the startup costs involved.
- Many people assume that dropshipping is a low-cost business model, but there are several expenses to consider before launching a Shopify store.
- In this article, we'll break down the actual costs of starting a dropshipping business on Shopify and help you prepare for the financial investment required.
1. Shopify Subscription Fees:
- Basic Shopify Plan: $29/month
- Shopify Plan: $79/month
- Advanced Shopify Plan: $299/month
2. Domain Name:
- Typically costs around $10-$20 per year, but can vary depending on the domain provider.
3. Website Design:
- Can range from free Shopify themes to custom website designs that can cost upwards of $5,000.
4. Apps and Plugins:
- Many apps and plugins are free, but some can cost anywhere from $5-$50 per month.
5. Product Sourcing:
- The cost of products will vary depending on the supplier and product category.
6. Marketing and Advertising:
- Paid advertising, social media marketing, and influencer marketing can all incur costs.
- Starting a dropshipping business on Shopify involves several startup costs that should not be overlooked.
- By understanding the actual costs involved, you can budget accordingly and make informed decisions about your business.
- Remember to factor in all expenses, from website design to marketing, in order to set your business up for success.
Are you interested in starting a drop shipping business but worried about the cost? In this video, Anton shares his insights on the two options available and how you can save money while getting started.
Option 1: Avoid Middlemen
- Companies that want to charge you for access are middlemen
- They charge for website building and product access
- This option can cost you a lot of money
- It's a losing proposition for you
- Don't waste your money on this option
Option 2: Build Your Own Store
- Shopify is an excellent ecommerce platform
- You can get started for $29 a month
- Real suppliers won't charge you upfront costs
- You only pay when you send them orders
- Traffic can be obtained for free from Google
- Spend money on traffic if necessary
Starting a drop shipping business doesn't have to be expensive. By avoiding middlemen and building your own store with real suppliers, you can save money while getting started. Spend money on traffic if necessary and reinvest your profits. Don't waste your money on unnecessary costs.
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