Best Strategies In 2024: How Can I Start A Dropshipping Business With No Money?

If you are thinking of starting a dropshipping business, you might be interested in learning how to start dropshipping for free. Well, the good news is that through this article we are here to tell you in detail about how to start a dropshipping business Useful Strategy without any money.

Are you excited to know the details of how to do dropshipping without money in 2024? Alright, let’s read further to know more. But first, you should know, what is dropshipping?—Dropshipping is a type of e-commerce business that makes it easy to start an online business, especially for those who have limited money.

What Is Dropshipping?

Dropshipping is a retail fulfillment method used by retailers to manage the stock of their online stores. With drop shipping, you don’t need to deal with product inventory, the supplier will ship your orders directly to the customer. In other words, you play the role of a middleman in the deal.

So if you want to start your online business but you have limited time to manage orders and have a small budget to stock the products. Then dropshipping may be the best solution for you.

Benefits Of Dropshipping Business:

• Requires less capital
• Easy to get started
• low overhead
• Flexible Location
• Wide selection of products to sell
• Easy to test
• Easy to scale.

With drop shipping, you can quickly test out different business ideas with limited investment and source, allowing you to learn a lot… about how to select and market in-demand products. But the question is?

What Do You Need To Start A Dropshipping Business With No Money?

Although you don’t need a mountain of money to start your own business, you still need to Invest Your Time. If you want to start making money with drop shipping then you need something that sets you apart from everyone else; Like you need to find some unique way to give people a reason to buy your products.

Well, for example, if you have some great ideas that belong to you and only you. And you want to start a dropshipping business with this idea, and you also feel that with these ideas you will get the edge on top. But then the question is, what do you need to do to take things to the next level? Or how do you scale things up from great ideas and tips to a real working business model?

5-Step Guide to Starting Dropshipping Without Money in 2024.

Continue reading carefully the guide to starting dropshipping for free by following the 5 easy steps below.

Step-1) Find Your Niche And Product:

To start your online dropshipping business, you first need to find out your niche and products. Like what is trending in the market right now, which product, why the demand is high, what kind of products are liked by the customers, and which products. To find out, you can check best-sellers on popular platforms like Salehoo, AliExpress, Google Trends, and many more.

Dropshipping Guide For Beginners: What to keep in mind while choosing the right location and product for your dropshipping business?

Here we will explain some very important and useful tips for choosing the best niche or best dropshipping products. Which can help you grow faster in your new startup business:

1. Always try to choose a specialty-: in your niche that has your special interests and passions as passion helps you to start and grow your dropshipping business. But make sure the niche is profitable.
2. In the initial stage-: look for a niche and the best product that has a profit margin of at least 40% after shipping, seller fees, and taxes. You may not make as much money if the products are not profitable enough.
3. Personal needs -: Using your own experiences, you can find a specialty. As such, when you are looking for solutions to these issues, you may meet other people who are dealing with the same problem. They may be your target market, and the products that meet their needs may be your niche.
4. Research the Competition-: Choose a good location, targeting the best e-commerce markets and right plus profitable countries for dropshipping with low to moderate levels of competition. If your competition is very strong, you may have trouble earning money.

Step-2) Find Best & Free Dropshipping Suppliers:

Now that you know what to sell, you should find suppliers you can use for your products. Salehoo Dropshipping Directory provides lots of qualified dropshipping suppliers. Where you can easily choose the best dropshipping products for your online store. There are several reasons why Salehoo is a popular market for dropshipping:

• Salehoo is one of the most reputed and popular dropshipping platforms with abundant sellers.
• You need only a minimum investment to start a dropshipping business with Salehoo.
• Money-Back Guarantee -: The best part is that you have 60 days to try out Salehoo and you can get a full refund without any questions.

For more information on how to find suppliers on Salehoo, you can read our Salehoo dropshipping supplier review article. Also, check out this article if you want to know everything about the Best Dropshipping Suppliers list in 2023.

Step- 3) Create Your Online Store:

Now comes the most important part: creating your dropshipping store. The procedure includes creating your store’s design, homepage, and photos, as well as adding products, setting up payment options, adding checkout, and shipping settings, as well as purchasing a domain, and making your store available for orders.

Check out this article if you want to learn more about what is a domain, how it works, and how to buy the best domain name from the best domain registrar for your online business.

When it comes to cost, you can create a free e-commerce online store for yourself with the help of the best e-commerce platforms which are very easy to use for beginners without coding or technical knowledge. Otherwise, you will have to pay a website developer to build your e-commerce website.

Furthermore, you could create an online store for free using your social network accounts, such as Facebook or Instagram. You will not have to pay anything for this. However, you should be aware of the risks,  for example- if your account does not have enough followers, it may be difficult to promote your products.

But my opinion is that if you want to grow fast to earn a lot of money, you should invest in some of the best e-commerce platforms or best web hosting to start your own online store or e-commerce website. . . .It will just take some money and time. However, you don’t need to spend a lot of money on your store decoration, store design, etc.

There are many platforms you can choose from, including WooCommerce, Shopify, Squarespace, and BigCommerce is the most popular and is suitable for beginners. It offers a 14-day free trial.

BigCommerce:

If you want to have an online store that is free or at a low price, Shopify is a favorable choice. A unique domain name for your store can make it more attractive so you can buy one from Shopify or WordPress etc. You can try BigCommerce now it is free in 14 days, and its paid plans can provide you with a lot of features.

Shopify:

 Shopify costs as much as BigCommerce. however, Shopify is more popular for beginners. It also offers a 14-day free trial. so you can also   Start Dropshipping on Shopify for Free!

WooCommerce:

WooCommerce is a free WordPress plugin that is open source, so you can use it 100% free; however, a premium version is also available. Where you can get the best features to make your eCommerce site perform fast and grow your business easily with the help of the WooCommerce plugin.

WooCommerce is a WordPress e-commerce plugin that is open-source. It is designed for both small to large-sized online merchants using WordPress.

Step-4) Select A Free Dropshipping Software Or Tool:

A good dropshipping tool could make it easier for drop shippers to run their businesses by helping them find diverse suppliers all around the world. DSers includes several excellent tools that can assist you in achieving the majority of your dropshipping objectives for free.

It will instantly sync order information, enabling you to manage many stores with a single account and give 24/7 assistance. DSers is compatible with various e-commerce platforms such as Shopify, WooCommerce, and Wix. Most importantly, it is completely free with few features.

Step-5) Start Marketing Your Products:

Now that you are in the final stages and your business is ready, it is time to market your products. There are three top marketing strategies to start selling more.

1) SEO (Search Engine Optimization):

SEO stands for “Search Engine Optimization”, and you should optimize it so that your online store site appears high in Google search results, which will result in increased visitors to your store, and more sales of your product. Ranking your site on Google search results also requires a lot of backlinks, paid tools, and knowledge of digital marketing. But here I am guiding you on how to do dropshipping without money. So we don’t need to invest money in product marketing right now.

So for free marketing, you can use free SEO tools on your eCommerce sites and write blog posts based on your niche search keywords that can rank on Google search results. (You can find trending keywords on Google Trends based on your niche). Then share these article links on your social networks which will automatically increase your visitors and sales on your online store. But writing SEO-friendly blog posts requires hard work, knowledge, and time.

 2) Social Media:

 Social media is a powerful tool. You should choose the right social media channel for your business, in other words, not all the products or stores should be promoted on Facebook, Instagram, and YouTube. You should select the most appropriate social media platform for your products.

3) Email Marketing:

 Email Marketing means that you could send an email to introduce your latest launch of new products or your discount activities. It’s a powerful and cost-effective way to attract and engage your customers.

4) Social Influencers:

Paid advertising does not appear to be a smart alternative for you if you want to start your dropshipping business for free. The power of advertisement is unbelievable, but working with expert social media content makers can be expensive.

However, another option is you discover people who are most popular on their Facebook or Instagram accounts in their social network. they have their network, and they might not cost as much money as professional ambassadors.

5) Use Personal Network:

You can also use your network of relatives and friends. Some of them could be interested in some of the things you sell, so you could give them some samples and ask them to post about your brand and what you have to offer on social media. The important thing is that you won’t have to spend a lot of money on them to promote your products.

Useful Tips: You can’t just sit back and wait for customers to find your store and products once they’ve gone online. Because the internet is such a large network, you must give your items the attention they deserve.

Congratulations, This is how you start a dropshipping business with no money.

Final Thoughts: (Dropshipping With No Money)

 Dropshipping is a simple and straightforward business to start, and you can even use a few tools to make it even easier and simpler. After learning the 5 steps to start your dropshipping business for free, it’s time to test your great business idea with no money. And after starting your online business, don’t forget to market your products to get sales.

Before you start dropshipping you can do some research and choose the best method to promote both your store and the products to the right customer and locations.

If you want to learn more about the best eCommerce marketplaces to target the right customers based on your products? Then read this article also, what are the best and worst dropshipping countries to target as drop shippers in 2023. Hope this will help you to increase sales by targeting the customers.

FAQ: About How To Do Dropshipping Without Money

Reema Verma

Hey, I am a fashion designer by profession and a blogger by passion, I regularly do extensive research on all things online and I am passionate about spreading my knowledge and supporting people in their online business journey. During my spare time, I like to travel to hilly places and further improve my skills by learning various things.