Dropshipping is a business model in which ecommerce entrepreneurs sell products without having to carry any inventory. When a store owner receives an order from a customer, they simply contact the supplier, who will then ship the products directly to the customer’s door. Dropshipping apps like Oberlo let you add products from various suppliers into your shop to fuel your product offering.
The great thing about dropshipping is that it’s not a very capital intensive business model. You don’t need to invest thousands of dollars in inventory upfront. This makes dropshipping an attractive option for people who are looking to start their own business with limited resources.
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That being said, dropshipping is not a completely hands-off business model. Even though you don’t have to carry any inventory, there are still other tasks that need to be taken care of, such as processing orders and customer service. And as your business grows, you’ll need to put more time and effort into marketing and scaling your operations.
So is dropshipping free? The short answer is no – but it can be very affordable. To start dropshipping, you’ll need to invest in a few key areas:
A domain name – this will be the address of your online store;
Web hosting – this is where your website will live;
A dropshipping app – this will help you automate your business processes;
Advertising – you’ll need to invest in ads to drive traffic to your store;
A Professional Plan on Wix . This will give you access to premium features and allow you to accept online payments.
The cost of these areas can vary depending on your specific business needs:
-A domain name can cost anywhere from $0.99 to $14.99 per year;
-Web hosting starts at $3.84 per month;
-A Professional Plan on Wix starts at $23 per month;
-Dropshipping apps have different pricing structures, with some charging a monthly fee and others taking a percentage of each sale;
-Advertising costs can vary depending on the platform you use and the size of your budget.
All in all, you can expect to spend around $60 per month when you first start dropshipping – which is not bad considering the potential for earnings.
In conclusion, dropshipping on Wix is not free but it is an affordable way to start your own ecommerce business with limited resources. To get started, you’ll need to invest in a domain name, web hosting, adropshipping app, and advertising. All in all, you can expect to spend around $60 per month when you first start dropshipping – which is not bad considering the potential for earnings.
