How to Start Dropshipping with No Money and No Experience
Published on: December 1 2022 by Bryan Guerra
How to Start Dropshipping with No Money and No Experience
Table of Contents
How to Start Dropshipping with No Money and No Experience
| startTime | durationTime | text |
| 00:00:00 | 00:00:03 | suppose you want to start an online |
| 00:00:01 | 00:00:05 | business like drop shipping but you |
| 00:00:03 | 00:00:07 | don't have any money or any experience |
| 00:00:05 | 00:00:08 | what do you do in today's video we're |
| 00:00:07 | 00:00:11 | going to cover how to start a drop |
| 00:00:08 | 00:00:12 | shipping business with no money and no |
| 00:00:11 | 00:00:14 | experience drop shipping is a business |
| 00:00:12 | 00:00:17 | model where you facilitate the sale of a |
| 00:00:14 | 00:00:19 | product from a supplier to a customer |
| 00:00:17 | 00:00:20 | basically you act as the middleman |
| 00:00:19 | 00:00:23 | connecting the two and you mark the |
| 00:00:20 | 00:00:24 | price up and keep a little bit extra for |
| 00:00:23 | 00:00:26 | yourself drop shipping is a phenomenal |
| 00:00:24 | 00:00:28 | business model because you don't need to |
| 00:00:26 | 00:00:29 | spend any money to buy any products in |
| 00:00:28 | 00:00:31 | bulk ahead of time you don't need a |
| 00:00:29 | 00:00:33 | warehouse or a storage facility because |
| 00:00:31 | 00:00:35 | you'll never store or touch the products |
| 00:00:33 | 00:00:36 | yourself and it can be done from pretty |
| 00:00:35 | 00:00:38 | much anywhere in the world in this |
| 00:00:36 | 00:00:41 | simplified example you would list a |
| 00:00:38 | 00:00:43 | product from say amazon the products |
| 00:00:41 | 00:00:44 | price on amazon is 30 |
| 00:00:43 | 00:00:46 | let's say you list that at a fifteen |
| 00:00:44 | 00:00:48 | dollar markup on a site like facebook |
| 00:00:46 | 00:00:50 | marketplace when a customer then |
| 00:00:48 | 00:00:52 | purchases that product from you on |
| 00:00:50 | 00:00:54 | facebook at forty five dollars you would |
| 00:00:52 | 00:00:57 | then turn around and use their order |
| 00:00:54 | 00:00:59 | information and their address and simply |
| 00:00:57 | 00:01:01 | order the product from amazon for thirty |
| 00:00:59 | 00:01:02 | dollars to them you would then profit |
| 00:01:01 | 00:01:04 | the fifteen dollar difference not |
| 00:01:02 | 00:01:06 | counting any small fees associated with |
| 00:01:04 | 00:01:09 | selling on that platform and that in a |
| 00:01:06 | 00:01:10 | nutshell is how drop shipping works |
| 00:01:09 | 00:01:12 | there are many suppliers that you can |
| 00:01:10 | 00:01:14 | use and there are many marketplaces that |
| 00:01:12 | 00:01:16 | you can drop ship products on if you |
| 00:01:14 | 00:01:18 | want more information on any of this |
| 00:01:16 | 00:01:19 | check out the playlists on this channel |
| 00:01:18 | 00:01:21 | it's all there for you here's why you |
| 00:01:19 | 00:01:23 | don't need any money to start even |
| 00:01:21 | 00:01:25 | though you do have to spend money on |
| 00:01:23 | 00:01:27 | products to send to the customer before |
| 00:01:25 | 00:01:28 | they get delivered to the buyers and you |
| 00:01:27 | 00:01:31 | actually get paid out from most |
| 00:01:28 | 00:01:32 | marketplaces one it's much less risky |
| 00:01:31 | 00:01:35 | than any other business model because |
| 00:01:32 | 00:01:37 | you only need to spend money after you |
| 00:01:35 | 00:01:40 | get a sale at a profit that means that |
| 00:01:37 | 00:01:42 | you only need to spend money when you're |
| 00:01:40 | 00:01:44 | guaranteed a future profit then it's |
| 00:01:42 | 00:01:46 | simply a waiting game to multiply your |
| 00:01:44 | 00:01:48 | cost of goods and then recoup more money |
| 00:01:46 | 00:01:50 | in the future and number two you can |
| 00:01:48 | 00:01:52 | also easily leverage credit cards to buy |
| 00:01:50 | 00:01:54 | products that you don't actually need |
| 00:01:52 | 00:01:56 | any upfront cash for and number two you |
| 00:01:54 | 00:01:58 | can also easily leverage credit cards to |
| 00:01:56 | 00:02:01 | buy products so you don't actually need |
| 00:01:58 | 00:02:02 | any upfront cash in fact i actually |
| 00:02:01 | 00:02:04 | recommend this to most people assuming |
| 00:02:02 | 00:02:06 | that you can be somewhat responsible and |
| 00:02:04 | 00:02:08 | make sure that you're keeping a portion |
| 00:02:06 | 00:02:10 | of your profits to pay off your card |
| 00:02:08 | 00:02:12 | balances the reason using credit cards |
| 00:02:10 | 00:02:13 | is so effective is because one like we |
| 00:02:12 | 00:02:16 | just touched on you don't need any cash |
| 00:02:13 | 00:02:17 | to actually scale this business and two |
| 00:02:16 | 00:02:20 | and more importantly you can use cash |
| 00:02:17 | 00:02:21 | back cards on pretty much any supplier |
| 00:02:20 | 00:02:24 | where you can earn up to five percent |
| 00:02:21 | 00:02:26 | cash back for purchases that you're |
| 00:02:24 | 00:02:27 | already needing to make anyway that's |
| 00:02:26 | 00:02:29 | how i'm able to get a thousand dollars |
| 00:02:27 | 00:02:31 | plus in free cash back every single |
| 00:02:29 | 00:02:33 | month simply from using cash back credit |
| 00:02:31 | 00:02:35 | cards on purchases i would have had to |
| 00:02:33 | 00:02:37 | make for this business anyway not to |
| 00:02:35 | 00:02:38 | mention those reward points or that cash |
| 00:02:37 | 00:02:41 | back whether you decide to use them back |
| 00:02:38 | 00:02:42 | in your business or personally shouldn't |
| 00:02:41 | 00:02:44 | count as taxable income so it's |
| 00:02:42 | 00:02:46 | literally free money i highly recommend |
| 00:02:44 | 00:02:48 | the amazon store card the walmart store |
| 00:02:46 | 00:02:50 | card and the ebay store card as well all |
| 00:02:48 | 00:02:52 | of these give 5 cashback on all |
| 00:02:50 | 00:02:55 | purchases on their websites and they're |
| 00:02:52 | 00:02:57 | also all great reliable suppliers to use |
| 00:02:55 | 00:02:58 | i also recommend any store cash back |
| 00:02:57 | 00:03:00 | credit card from a supplier that you |
| 00:02:58 | 00:03:02 | might use frequently typically most will |
| 00:03:00 | 00:03:04 | offer around 5 as well 2 other examples |
| 00:03:02 | 00:03:06 | of good ones that you might want to look |
| 00:03:04 | 00:03:08 | into are bed bath and beyond and home |
| 00:03:06 | 00:03:10 | depot on top of a store card it's also |
| 00:03:08 | 00:03:12 | smart to use cash back credit cards that |
| 00:03:10 | 00:03:14 | give you cash back on all purchases |
| 00:03:12 | 00:03:16 | everywhere online that way you don't |
| 00:03:14 | 00:03:18 | solely need to use it at just one store |
| 00:03:16 | 00:03:19 | in partikular there are many examples of |
| 00:03:18 | 00:03:21 | these out there that can give you up to |
| 00:03:19 | 00:03:23 | two percent cash back so feel free to |
| 00:03:21 | 00:03:25 | look at some options a perfect starter |
| 00:03:23 | 00:03:27 | card that gives good cash back on all |
| 00:03:25 | 00:03:29 | purchases plus also offers up to five |
| 00:03:27 | 00:03:31 | percent boosts and sometimes more on |
| 00:03:29 | 00:03:33 | certain months to stores like amazon |
| 00:03:31 | 00:03:36 | walmart ebay target and the list goes on |
| 00:03:33 | 00:03:37 | and on is the discover it card and it's |
| 00:03:36 | 00:03:39 | also a great one for beginners too |
| 00:03:37 | 00:03:40 | because pretty much anyone can get |
| 00:03:39 | 00:03:42 | accepted for it i'll try to link all |
| 00:03:40 | 00:03:44 | these cards in the description with |
| 00:03:42 | 00:03:46 | details of any sign up bonuses that you |
| 00:03:44 | 00:03:47 | can get for signing up for these today |
| 00:03:46 | 00:03:49 | that i've set up with those companies |
| 00:03:47 | 00:03:52 | all of these cards are ones that i have |
| 00:03:49 | 00:03:54 | and use myself i wouldn't recommend |
| 00:03:52 | 00:03:56 | anything that i don't use personally in |
| 00:03:54 | 00:03:57 | my own drop shipping business so now |
| 00:03:56 | 00:03:59 | that we've covered how to start with no |
| 00:03:57 | 00:04:02 | money let's touch on how you can get |
| 00:03:59 | 00:04:04 | started with no experience with all the |
| 00:04:02 | 00:04:06 | information and software out there today |
| 00:04:04 | 00:04:08 | you don't need to be a rocket science to |
| 00:04:06 | 00:04:10 | start a profitable online business you |
| 00:04:08 | 00:04:12 | just need to know what software to use |
| 00:04:10 | 00:04:14 | and what direction to be pointed in i |
| 00:04:12 | 00:04:15 | personally use a number of softwares out |
| 00:04:14 | 00:04:17 | there but the easiest one that you can |
| 00:04:15 | 00:04:19 | get started with is z drop z drop is a |
| 00:04:17 | 00:04:21 | software that will copy products from |
| 00:04:19 | 00:04:23 | hundreds of websites all over the |
| 00:04:21 | 00:04:25 | internet to dozens of marketplaces for |
| 00:04:23 | 00:04:28 | you with a click of a button it'll |
| 00:04:25 | 00:04:30 | automatikally copy the product picture |
| 00:04:28 | 00:04:32 | title description and also then mark the |
| 00:04:30 | 00:04:34 | price up for you without you needing to |
| 00:04:32 | 00:04:36 | do anything at all i typically mark most |
| 00:04:34 | 00:04:38 | of my products up about 40 that seems to |
| 00:04:36 | 00:04:40 | be a good sweet spot where it works very |
| 00:04:38 | 00:04:42 | very well z drop is only 12 a month |
| 00:04:40 | 00:04:44 | currently and you can build a six figure |
| 00:04:42 | 00:04:46 | drop shipping business on a variety of |
| 00:04:44 | 00:04:48 | websites just using that copy paste |
| 00:04:46 | 00:04:50 | software alone as always there's a |
| 00:04:48 | 00:04:51 | discount to z drop down in the |
| 00:04:50 | 00:04:53 | description i've also created a beginner |
| 00:04:51 | 00:04:55 | z drop tutorial you can check it out at |
| 00:04:53 | 00:04:56 | the bottom of the description as well if |
| 00:04:55 | 00:04:58 | you're interested but if you're looking |
| 00:04:56 | 00:05:00 | for more in-depth tutorials on how to |
| 00:04:58 | 00:05:02 | get started feel free to browse this |
| 00:05:00 | 00:05:04 | channel or check out any of the specific |
| 00:05:02 | 00:05:05 | playlists to learn more i've been in the |
| 00:05:04 | 00:05:07 | ecommerce space for a while now and |
| 00:05:05 | 00:05:08 | there are countless free tutorials on |
| 00:05:07 | 00:05:10 | this channel that can walk you through |
| 00:05:08 | 00:05:12 | pretty much every form of drop shipping |
| 00:05:10 | 00:05:13 | that you might be interested in i also |
| 00:05:12 | 00:05:14 | highly recommend checking out the video |
| 00:05:13 | 00:05:16 | up in the right-hand corner right now |
| 00:05:14 | 00:05:18 | for a broad overview of exactly what's |
| 00:05:16 | 00:05:19 | working well for me currently it'll |
| 00:05:18 | 00:05:21 | specifically cover how i was able to |
| 00:05:19 | 00:05:23 | build a six-figure drop shipping |
| 00:05:21 | 00:05:25 | business very quickly what specific |
| 00:05:23 | 00:05:27 | sites that i dropship on and most |
| 00:05:25 | 00:05:28 | importantly how you can too i really |
| 00:05:27 | 00:05:30 | hope you enjoyed the video if you got |
| 00:05:28 | 00:05:32 | any value from it whatsoever please give |
| 00:05:30 | 00:05:35 | it a like i genuinely appreciate it |
| 00:05:32 | 00:05:35 | until next time |
| 00:05:45 | 00:05:47 | you |
