Shopify Dropshipping: How Much Money Do You NEED To Start In 2024?

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  • @dropshiplifestyle
    @dropshiplifestyle  ปีที่แล้ว +3

    🚀Free Training Webinar + Even More Profitable Product Ideas: www.dropshipwebinar.com
    Free 3 Day Shopify Trial + 3 Months For $1: dsl.life/shopify-yt/

  • @Veronicawi
    @Veronicawi ปีที่แล้ว +15

    FINALLY someone who gives proper information and pricing! Thank you so much!!

    • @dropshiplifestyle
      @dropshiplifestyle  ปีที่แล้ว

      You’re welcome, Veronica! Always happy to share.

    • @jeremyarrieta6869
      @jeremyarrieta6869 7 หลายเดือนก่อน

      finally!! the rest of the channel are mostly hyped and promoting a link to sign up with them.

  • @rolandszilagyi519
    @rolandszilagyi519 9 หลายเดือนก่อน +3

    You absolutely pulled me in with your style. The 10 minutes felt like it was 1. You sound very calm and makes me wanna learn more. Thank You for the information. Earned my respect and sub ❤️

  • @tabataba9986
    @tabataba9986 11 หลายเดือนก่อน +2

    Straight up, the best drop shipping video out there. it both informs and explains.

    • @dropshiplifestyle
      @dropshiplifestyle  11 หลายเดือนก่อน +1

      Thank you for the high praise! I'm thrilled to hear you found the video informative and clear. 😊
      - Myra

  • @Arivan_Abdulla
    @Arivan_Abdulla 9 หลายเดือนก่อน +1

    where you have been I need you in my life bro how I didn't know about this channel the content is SO professional

    • @dropshiplifestyle
      @dropshiplifestyle  9 หลายเดือนก่อน

      I'm thrilled to hear that you're finding value in Anton's content! Welcome to the community. Anton's channel is packed with professional insights and strategies to help you succeed in dropshipping. Stick around for more valuable tips and guidance on building your business! 😍
      - Myraa

  • @DianTalavera
    @DianTalavera 2 หลายเดือนก่อน +2

    Tha best video no intro

  • @Flexibot-AI_Shopify_Chatbots
    @Flexibot-AI_Shopify_Chatbots ปีที่แล้ว +5

    i'm glad you broke down the costs like that, makes it seem less daunting to start a shopify dropshipping business, didn't realize it could be so budget-friendly

  • @RogerBerwanger
    @RogerBerwanger 11 หลายเดือนก่อน +1

    Wonderful video. Makes life easier when you explain it so well.

    • @dropshiplifestyle
      @dropshiplifestyle  11 หลายเดือนก่อน

      Thank you! Anton strives to simplify the complexities of drop shipping, making it accessible for everyone.
      - Myra

  • @thehivoki.official
    @thehivoki.official 4 หลายเดือนก่อน

    I love this video! Straight to the point with proper information to know the minimum for starting an e-commerce. Thank you sir.

  • @LyricalGenie4
    @LyricalGenie4 6 หลายเดือนก่อน

    I highly appreciate Anton for making this type of content as I am going through my Ecommerce journey on Shopify. I am exactly going with the same strategy. I found this channel randomly today and I wish I had found it way before. Thank you so much Anton for sharing this type of detailed analysis for newbies like us who want to build their Ecommerce business with the minimal budget we have. Looking forward to watch all your videos. Thumbs up for upcoming videos.👍

  • @ashokkulagad8353
    @ashokkulagad8353 ปีที่แล้ว

    "I appreciate your clear and concise information, especially the detailed pricing breakdown. Thank you for being so helpful!"

    • @dropshiplifestyle
      @dropshiplifestyle  ปีที่แล้ว

      You're very welcome! I'm glad you found the information helpful! 😊
      - Myra

  • @chukwuemmanuella9874
    @chukwuemmanuella9874 8 หลายเดือนก่อน

    Thanks for the explanation.... from Nigeria and also a student willing to start a dropshipping business this year

  • @charlestran7309
    @charlestran7309 9 หลายเดือนก่อน +1

    This is what I need. Man I should have found your content earlier.

  • @randymastersnyc
    @randymastersnyc 11 หลายเดือนก่อน +1

    Excellent advice! Thank you!

  • @SimranKaur007-v5l
    @SimranKaur007-v5l 4 หลายเดือนก่อน +1

    Thankyou for sharing thisinformation with us, i really was worried as i heard that we have to pay alot for the shopify store, at this point ii cant go back and i was sceard tinking omg ill have to pay alot for the adverteisments ect.....

    • @dropshiplifestyle
      @dropshiplifestyle  4 หลายเดือนก่อน

      You’re welcome! And here’s a new video I just uploaded that you should find helpful: Profitable Niche Selection 🔥 Do’s and Do Not’s For Choosing Dropshipping Product to Sell
      th-cam.com/video/UI0AiovrwBs/w-d-xo.html

  • @canaldaleslieusa3153
    @canaldaleslieusa3153 ปีที่แล้ว +1

    HI ANTON, AWSOME IM VERY EXCITED TO STAR SOON ,

  • @SimranKaur007-v5l
    @SimranKaur007-v5l 4 หลายเดือนก่อน +1

    Hi i am new to this, but i have almost setted up my store i want to ask who can i show my store just for someone to double check if iv built my store up properly.

  • @mehmetistanbullu2042
    @mehmetistanbullu2042 ปีที่แล้ว +2

    There is no ad vouchers? Also free traffic from Google takes at least 3 months of SEO work.

    • @dropshiplifestyle
      @dropshiplifestyle  ปีที่แล้ว +1

      The vouchers vary from country to country. Where are you located? Also, the we optimize for long tail keywords for organic search (brand names, products names, and sku #s) which can and do rank much sooner.

  • @LuisOrtiz-tf2jv
    @LuisOrtiz-tf2jv 10 หลายเดือนก่อน +1

    How does creating an entity work if you’re still trying out new products. Does it matter ? Every time you try a new product or make a new website do you need to make another entity ?

    • @dropshiplifestyle
      @dropshiplifestyle  10 หลายเดือนก่อน

      You don't need an entity. Anton will discuss more of this in his free training. You can join here: www.dropshiplifestyle.com/learn/.
      - Myra

  • @salmasaad198
    @salmasaad198 11 หลายเดือนก่อน +1

    Thank you, but realistically how much are we gonna spend on ads and how much are we gonna lose as it’s not gonna all be perfect and profitable from the beginning?

    • @dropshiplifestyle
      @dropshiplifestyle  11 หลายเดือนก่อน +1

      Hi! In Anton's free training, he delves into the intricacies of budgeting for ads and managing initial losses in dropshipping. He will help you minimize risks and maximize profits as you navigate the early stages of your business. Join here: www.dropshiplifestyle.com/learn/.
      - Myra

  • @Senturian1
    @Senturian1 2 หลายเดือนก่อน

    Why does nobody ever mention that you need the capital to buy the products first once you get a sale, the payout can be days later, so you have to take the hit until the fulfillment service send you the payout.

  • @BarrowOmar-n8x
    @BarrowOmar-n8x ปีที่แล้ว +1

    Very interested ❤

  • @olav76
    @olav76 4 หลายเดือนก่อน

    I am worried about how much I have to set aside in my budget for goods that the customer sends back in accordance with the European law on the 14-day full right of return. What do you think?

  • @gravef1ghter
    @gravef1ghter ปีที่แล้ว +1

    Having money in my bank account to cover a customer purchase is my question. Doesn't Shopify require a credit card when you sign up is another one. I'm not exactly clear on how all of that works.

    • @dropshiplifestyle
      @dropshiplifestyle  ปีที่แล้ว +1

      Hi, Ken G! Anton's FREE training covers these topics comprehensively. We'll explain funding options for customer purchases and the Shopify sign-up process. Gain clarity and insights by joining our program. Learn more here: www.dropshiplifestyle.com/learn/.
      - Myra

    • @gravef1ghter
      @gravef1ghter ปีที่แล้ว +1

      @@dropshiplifestyle Thanks, I'll do that.

    • @muzzafaransari2320
      @muzzafaransari2320 5 หลายเดือนก่อน +2

      Yes this is what I needed to find out and I discovered.
      This is where you need money everyone shows you that stars less then a $100 but it's not true you have to have a some thousand dollars into your bank because Shopify will give your money with profit after 30 days in between if you sell 10 items the drop shipper will take that amount from your bank account to full fill the orders.
      Now if you have little money in your account and you get orders which was not enough to fullfil those orders then the drop shipper will not sent out your orders that way your shop will be with negative reviews no one tells you that

  • @Myaccounttt
    @Myaccounttt 10 หลายเดือนก่อน

    Do you offer a direct mentorship program? 1 on 1?

  • @mashumiqbal4818
    @mashumiqbal4818 ปีที่แล้ว +1

    If Anyone place the order on my site, how i can delivery these from supplier site without a cashflows:) plz tall me that budget how i need to fullfiment

    • @dropshiplifestyle
      @dropshiplifestyle  ปีที่แล้ว

      You only pay for products after you sell the product on your store. We prefer to pay with suppliers with credit cards to earn rewards points and/or cash back.

  • @blancazepeda4059
    @blancazepeda4059 8 หลายเดือนก่อน

    how can shopify can help me wiith adds and campaign to?

  • @waynetwilliams
    @waynetwilliams ปีที่แล้ว +3

    Do you still recommend an (800) phone number? If so what do you think the cost of that would be?

    • @dropshiplifestyle
      @dropshiplifestyle  ปีที่แล้ว

      For the types of high ticket stores we build, I do. However, if someone is starting on a very tight budget they can use a local number. The phone system we use (mightycall) starts at $15/month.

    • @waynetwilliams
      @waynetwilliams ปีที่แล้ว

      Thank you! @@dropshiplifestyle

  • @leenelson8376
    @leenelson8376 10 หลายเดือนก่อน

    Why did I think customer payment went directly to supplier with balance going to us?

    • @dropshiplifestyle
      @dropshiplifestyle  10 หลายเดือนก่อน +1

      It's a common misconception, but in dropshipping, the customer payments typically come to you first. Then, after deducting your profit margin, you pay the supplier for the product and shipping costs. This process ensures you have control over your earnings and can manage your finances effectively. If you want to learn more about how dropshipping works and get a clearer understanding, Anton's free training covers this topic in detail. Feel free to check it out for more insights! Here's the link: www.dropshiplifestyle.com/learn/.
      - Myra

  • @ericcollin2552
    @ericcollin2552 7 หลายเดือนก่อน

    What about the apps needed to run shopify store ? I don't see any amount

    • @dropshiplifestyle
      @dropshiplifestyle  7 หลายเดือนก่อน

      Check out this list: The BEST Shopify Apps For Drop Shipping Stores In 2024
      th-cam.com/video/02h25UpcSqE/w-d-xo.html

  • @Nailnation1
    @Nailnation1 ปีที่แล้ว

    I’m confused I thought we payed for the product up front before the order is payed out to us. I understood Shopify takes a week to pay us.

    • @dropshiplifestyle
      @dropshiplifestyle  ปีที่แล้ว +1

      We prefer to pay for orders with business credit cards to build lots of points and/or miles. But Shopify Payments typically deposits funds from sales in 1-3 business days.

  • @thecaliant
    @thecaliant 6 หลายเดือนก่อน +1

    Shopify updated the plan, it's no longer 3 months for $1 a month, now its 3 days trail than only $1 for the first month

  • @mohamedm3057
    @mohamedm3057 ปีที่แล้ว

    You have not created the application account that you need to add to the site

    • @dropshiplifestyle
      @dropshiplifestyle  ปีที่แล้ว +1

      What do you mean? I never said I created an application account to add to a site…

  • @DanishDani-hc1rw
    @DanishDani-hc1rw 9 หลายเดือนก่อน

    Sir some information for LLC purchase

  • @trexplor
    @trexplor 8 หลายเดือนก่อน

    Thank you

  • @brucedecosta9221
    @brucedecosta9221 ปีที่แล้ว +1

    Is it possible to run google shopping ads with dropshipping

    • @dropshiplifestyle
      @dropshiplifestyle  ปีที่แล้ว

      It is! Same rules apply to dropshippers as everyone else though so it’s important to review and adhere to their policies before submitting products to Google Merchant Center and Google Ads. Here are the types of Google Ads we run: th-cam.com/video/_CUWPRkYIa0/w-d-xo.htmlsi=glu6UhUhYwTKHbKm

    • @brucedecosta9221
      @brucedecosta9221 ปีที่แล้ว

      @@dropshiplifestyle thanks alot for your reply
      Can we use images from suppliers or from other websites
      Is it mandatory to use custom photos for Google shopping ads

    • @dropshiplifestyle
      @dropshiplifestyle  ปีที่แล้ว

      @@brucedecosta9221 I can only speak for our method of dropshipping in which become authorized retailers of said brands. It is expected to use their product images and not against any policies 👍

    • @racif
      @racif ปีที่แล้ว

      I feel like the ad expenses are way understated.

    • @dropshiplifestyle
      @dropshiplifestyle  ปีที่แล้ว +1

      @@racif this video is covering how much you need to get started. While I love and recommend paid ads, they’re actually not necessary for those who are starting on a restrictive budget. Here’s a video showing numerous ways to get free traffic that converts: th-cam.com/video/-1FtUXZ1i5U/w-d-xo.htmlsi=9wfPVulKqvuZjj5y

  • @hop4ap
    @hop4ap 11 หลายเดือนก่อน

    Is it a good idea to have more than one product in your online store?

    • @dropshiplifestyle
      @dropshiplifestyle  11 หลายเดือนก่อน +1

      Anton recommends building a niche-specific store because it is an easy way to build trust with customers, target a specific audience, and allow you to position yourself as an expert.
      - Myra

  • @brettkennedy3049
    @brettkennedy3049 10 หลายเดือนก่อน

    What’s does LLC Reg mean?

    • @dropshiplifestyle
      @dropshiplifestyle  10 หลายเดือนก่อน +1

      It refers to the registration process of forming a Limited Liability Company (LLC).
      - Myra

  • @lovgadgets8626
    @lovgadgets8626 ปีที่แล้ว

    How do you find a supplier in UK?

    • @dropshiplifestyle
      @dropshiplifestyle  ปีที่แล้ว

      Finding a supplier in the UK is crucial for efficient drop shipping. Anton shares detailed insights on how to find reliable suppliers, including those in the UK, in his FREE training. Here's the link for more info: www.dropshiplifestyle.com/learn/.
      - Myra

  • @The_Money_Mastery
    @The_Money_Mastery 10 หลายเดือนก่อน

    you forgot product cost etc

  • @haleosman3087
    @haleosman3087 7 หลายเดือนก่อน

    Hale. 😢

  • @CricketDecode-cr9p
    @CricketDecode-cr9p ปีที่แล้ว +1

    Hello Anton.
    I have a product and store too
    What do you think how much budget I need for advertisement and what if I run TikTok ads only.

    • @dropshiplifestyle
      @dropshiplifestyle  ปีที่แล้ว

      We are willing to spend up to 10% of the product sale price in ads to get the sale. For example, we will spend up to $100 in ads to sell a $1000 product.

    • @CricketDecode-cr9p
      @CricketDecode-cr9p ปีที่แล้ว

      @@dropshiplifestyle If I want a review of my store that is it good or not?
      I have some best products.
      Is there anyway that I can show you or talk to through email.
      That would be really helpful.
      I admire you a lot.

  • @paulbuchanan1619
    @paulbuchanan1619 6 หลายเดือนก่อน

    Lol 😂

  • @chukwuemmanuella9874
    @chukwuemmanuella9874 8 หลายเดือนก่อน +1

    Thanks for the explanation.... from Nigeria and also a student willing to start a dropshipping business this year