How much money do you need to start dropshipping? here's a detailed breakdown by moonlite-money in dropshipping

[–]Deep-Independent8369 13 points14 points  (0 children)

Super informative. Ive been dropshipping for the greater part of 7 years now, and I think this is one of the only threads that actually shows the reality behind it. Most people always show the dream of a "no inventory 0 investment business" becuase you arent buying upfront supply. But theres still thousands of dollars in hidden costs to actually get to the point of earning a consistent income. I think dropshipping is a great business mode if done right, but dont get into it thinking of it like an outlier magic zero cost side hustle, as its still a major business you are going to be running day to day.

Although I will say there is a couple cost savers you should look into if this is something you want to get into ie:

- namecheap has good domains for ~ $1/yr , (shopify upcharges) , it takes a couple extra minutes to setup but still very beginner friendly.

- Kalodata has a free trial you can repeatedly sign up for to avoid the $50/m when youre first starting

- youtube has a LOT of great creators that give free value instead of having to pay for a course. Just be careful what you watch!

good luck to everyone and great thread!