Interested to start a dropshipping business in Nigeria but not sure where to start or you’re hearing drop shipping business for the first time?
I know you must have asked the following questions:
- How can I start dropshipping in Nigeria?
- Which platforms should I go with?
- Easy ways to accept payments from Nigeria.
….and lot’s more, well, I will help answer all of them.
If you start a dropshipping business in Nigeria, US, UK, Canada, India, Tanzania or from any country, then you’re really sure of accumulating up to 2,000% profit and above non-stop.
Drop shipping business is the coolest online business, and if you’re looking for an additional source of income online, drop ship business should be your next step to take, because you really do not OWN or PURCHASE any product to start.
You can start it without any experience at all.
You don’t need to risk your money and buy products before hand.
You can start with a basic simple website, and use free methods of marketing and promotion until you get your first profits.
You can manage your drop ship website or business from any point on the globe.
Basically, if you run any type of online business, you’re not limited with geographic boundaries. You can work wherever and whenever it is convenient for you as long as this place has stable internet connection.
In this article, I’m going to teach you all about drop shipping business, what it is, how to start and ways to succeed and make high record numbers as income.
I’ll go over a simple definition, list the benefits, show you how to find drop shipping wholesalers and lot’s more.
Important Links (Table of Contents)
- What is a Dropshipping Business?
- How does Dropshipping Work?
- How do I Make Money & My Profit?
- Benefit of Dropshipping Business.
- Find a Supplier.
- How to Start a Dropshipping Business.
What is, How to Start DropShipping Business?
In it’s simplest definition and explanation, this is when you create a simple basic drop ship online store, you upload the products (the product’s photos, price and description) remember, you don’t have these products, don’t own them and didn’t purchase any, you only uploaded the photos and entered your prices and description of the product.
When a customer pays and orders any of the products, you’ll go directly to the supplier you’re dealing with (more on that) and place same order as your customer with the customer’s details and the product will be shipped to him/her.
How Drop shipping works : A simple Info-graph
How Do I Make Money & What’s My Profit?
After getting a supplier, if for example, one of the products is Iphone X and sold $999, you can upload the product photos and description, set the price at $1,050.
Which means your profit is $1,050 – $999 = $51. Your profit is $51.
A customer orders and pays for the product which is $1,050. You’ll go straight to the supplier and place an order of the same product with the customer’s details and the supplier delivers the product.
You made a total gain of $51. Assuming 50 people placed an order of same product, you’ll make a total gain of $2,550 and that’s incredible.
Your profit is the total difference between the price of the main product and the price of the same product displayed on your drop shipping website.
Benefits of Drop Shipping Business?
It’s the ideal type of business for beginners
It is really simple to set up, even if you have no previous experience in eCommerce and internet marketing.
Drop shipping gives you a great start – you will have no trouble managing this business because the supplier does most of the job for you.
Inventory issues, stocking and shipping are not your concern.
You save huge sums of money
You don’t own these products yourself, so you don’t need to rent a warehouse. You also don’t need to buy items for your stock. You only spend money on a product after a customer has placed an order for it.
So you’ll never be in position of having bought stock you can’t sell.
You can reach a really wide audience
Dropshipping means that your store is based on an online platform, or ideally on your own website.
With dropshipping your business gets an international reach – you can connect with any person in any place in the world, no matter how far away they live or what language they speak.
Where & How to Find a Supplier for Your Dropshipping business
You’ll be using Aliexpress.com, we officially recommend you use Aliexpress to find suppliers for your dropshipping business.
It’s easy as ABC, when you visit Aliexpress, you skim through the list of awesome products over there and start choosing any products which you’ll be uploading on your online store.
You should always look out for a cheap product that you can make profit from, it should have up to 300+ orders and the reviews on the products/supplier products should be 4+ rating or higher.
To make things so easy for you, we’ll recommend a WordPress plugin which you’ll use to import products of your choice from Aliexpress in one click. All you have to do is change the price, edit the product name & description if you wish.
How to Start a Dropshipping Business in Nigeria & Elsewhere
This is actually what you need to get started, as a matter of fact, building & setting up your drop ship online store is the only stuff you’ll be spending on but on the down side.
To build a successful online store, we’ll be giving you just 2 (two) options:
1. Create Your Online Store
To get started with dropshipping, you obviously need an online store to pioneer your income. This online store is where you will be posting your products (you don’t owe or buy this products). You only import them to your store with a one-click. This is exactly what you need to start making lots of money.
To create your dropshipping online store, there are various platforms that will help you set up your online store.
The two popular platforms to create your online dropship store are :
- AliDropShip Plugin.
When you create a store at shopify, they host your website, and they charge $30/month to keep your store online. And if you want to start dropship, you will have to install the app called Oberlo on your store, with this app, you can easily import products from Aliexpress to your online store with one click.
Oberlo on the other hand charges $30/month too to allow you import products to your store, and they have packages, the $30/month, you have limit to 500 orders a month, if you want to allow more orders you have to upgrade to the next package.
But they allow free 50 orders a month for a start.
So, obviously, for a start, you would be spending $60/month on Shopify, and even more as time progresses.
See the illustration below and pricing for oberlo app.
AliDropShip Plugin is for WordPress. It works with the help of a chrome extension. When AlidropShip is activated on your site. When you browse on Aliexpress, you will see a “add to store” button on each product. It’s easy and simple.
With just one-click, you import products to your store, edit the prices and save!
AliDropship WordPress Plugin costs just $89, and it’s a ONE TIME FEE. When you purchase it, you use it forever, until the world comes to an end.
All you have to do is click through this AliDropShip Link Here, click on the buy now for only $89 and purchase the plugin and that’s all.
When you’re using AliDropShip Plugin, you will need a Website + Domain Name + SSL Certificate.
We recommend you purchase your Hosting at BlueHost. You’ll get a domain name and SSL Certificate for free.
They offer up-to 3 years hosting plan for a very cheap price at $2.65/mo.
Alternatively, While purchasing the Alidropship plugin, you can tick the “Add Hosting for 1 year“. It’s only $48/year. It’s very affordable when compared to other hosting platforms.
What About Getting a Custom AliDropShip Store?
You can alternatively order a Custom Alidropship Store, everything is set up for you.
Including accepting payments, design and other things.
The custom turnkey drop ship store starts from $299. Click here to order your custom drop ship store.
You can go for the custom dropship store if you’re ready and has money for it, otherwise, if you’re on a budget, follow the first steps.
- Purchase a WordPress Hosting via BlueHost (you get free domain and free SSL Certificate).
- Purchase AliDropship WordPress Plugin.
Set it up using our below guide and that’s all:
Now, you have just two (2) options to launch your dropship online store.
Would you go for Shopify or AliDropShip Plugin?
Based on experience, I will recommend the AliDropShip Plugin for WordPress if you’re on a budget.
The both platforms are best, so I won’t choose a platform over the other. It depends on your choice and pocket.
But I strongly recommend Alidropship plugin, its a one time fee. You may be paying big fees monthly at Shopify and still won’t earn a single penny.
On my next subsequent updates, I will be speaking on making sales with your Dropshipping store.
Thanks for reading & don’t forget to share!