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What the HELL is DROPSHIPPING?! 🤔 – 7 Simple Steps To Start & Scale

5 min read –

The most common question I get asked on my social media; since I do it, my team does it, my little brother does it and all our students are doing it is: “What is ecommerce dropshipping & how can I start?”.

I figured I write this quick blog with some basic information on the topic since I don’t have a permanent video on my social media talking about it (usually just snapchat stories and instagram live feeds/stories).

I got introduced to e-commerce a little over a year ago a little bit before I got into affiliate marketing.

When I first started, no one (at least on social media) ever made any noise about ecommerce, now it is quickly growing and one of the most lucrative business platforms, especially amongst millennials.

What exactly is dropshipping?

Dropshipping is a retail fulfillment method where a store doesn’t keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product.

The biggest difference between dropshipping and the standard retail model is that the selling merchant doesn’t stock or own inventory. Instead, the merchant purchases inventory as needed from a third party – usually a wholesaler or manufacturer – to fulfill orders.”

Here are 7 simple steps that you need to know if you want to become a successful ecommerce dropshipper.

(These are shopify, dropshipping stpes; not eBay or Amazon)

Also if you want to start shopify and you want a free access link, head here: http://www.teamjetset.com/shopifly

Step 1: Niche

Step 1 is all about finding the right niche (what the niche or theme of the products you will be selling on your store). The key to a good niche is to be specific. Your goal shouldn’t be to sell a bunch of different types of products (This is my opinion! Some dropshippers have found success in having a super broad store. That strategy tends to work more if you are marketing on facebook instead of Instagram). We have no interest in trying to be Amazon or Ebay. Stick to a specific niche and you’ll find the later steps much easier and you’ll end up making more money with your store.

Step 2: Market Research

Step 2 is researching your future competitors. This has always been my biggest advantage and secret to massive success online and it’s easier than you think! You’re going to go online and find websites that are already selling in your prospective niche. Then you need to find out a couple things about those sites. Such as, do they have a warehouse, showroom, or retail stores? The goal is to find companies that sell online for multiple brands but have no physical presence. This shows you that they’re drop ship suppliers. It means you can compete with them!

Step 3: Create A Store

Step 3 is all about setting up your store (yes before you’ve even found your suppliers)! Your best bet is to build a store on Shopify. They have a 14 day free trial. You can sign up right now here.

Step 4: Find the best suppliers for your products 

Step 4 is finding suppliers for your niche. The easiest way is by using apps to find products from cheap sites that source their products from China. Looking for products that have good reviews and syncing them up to your site.

Step 5: Conversions are everything

Step 5 is all about optimizing for conversions. Basically, it’s doing certain things to get more people buying AND to make more from each person. This is where knowing marketing and psychology plays a big role as well as knowing the secret apps and key tricks that the top bosses are using. If you don’t understand the creative marketing and psychology behind selling and you don’t have anyone to teach you, it becomes really hard to SCALE UP your business to the 6 figure a month range, even 5 figure months may be hard. Trust me.

Step 6: TRAFFICCCCC

Step 6 is all about bringing more, more, and MOREEEE people to your store. There are definitely techniques for bringing more traffic to your website but the real trick is getting good quality traffic. That way you’re getting the most out of the money you’re spending on your paid traffic. There are so many sources of traffic for drop shipping but if you don’t want to waste a bunch of money you should focus on a few of the best. The best sources of traffic in my opinion is social media; Paid Ads, Influencers, and Viral Strategies are all insanely profitable ways to market and they will help you get the best bang for your buck! Make sure to always split test though, so you know what traffic sources are producing the most sales and which ones are just wasting your time.

Step 7: Outsource & Scale

Step 7 to building a MASSIVE drop shipping business is to start outsourcing and automating tasks. Only do this step after:

  • You found a solid niche
  • You built your shopify store
  • You found suppliers for products
  • You optimize your marketing for highest conversions
  • You have massive traffic rolling in
  • And you’re starting to produce consistent sales (You’re making money)

 

Most of these last step is achieved by using apps and plugins that will automate day-to-day tasks for you. That way you don’t have to work as much while still making money. I have a few different secret apps that my team & I personally use to make our lives a lot easier.

Outsource by hiring virtual assistants to take over easy and tedious tasks. So you can work as little or as much as you want.

P.S: Also a hint of my personal advice! NEVER show anyone your store, especially on social media! You don’t want people to replicate your store/products, or even worse, your marketing! This can create a tougher market for yourself. There’s 100,000’s of new products being listed every month, so this is not a big deal, but you never know!

Don’t forget to start your own shopify store by clicking here.

Comment below if you want more videos about dropshipping!

BTW: Our dropshipping company, Excommerce and free training is coming out soon. Connect here to stay plugged in.

If you want to join our private facebook group with free ecommerce tips, head here: http://www.facebook.com/groups/excommerce

http://www.instagram.com/excommerceco

http://www.twitter.com/excommerceco

http://www.excommerce.co

► Subscribe to My Channel Here https://www.youtube.com/c/JoshKingMad
Josh King Madrid better known as Jet, is a successful serial entrepreneur, investor, marketing specialist, coach and CEO of Team Jet Set, he specializes in the industries of e-commerce, marketing, business consulting, and fitness. Josh is one of the leading authority figures for millennials in the entrepreneur field. He is founder of Team Jet Set, one of the fastest growing entrepreneurial brands and entrepreneur teams in today’s generation.  
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9 Comments

  1. Nilo Yuson-Reply
    July 27, 2017 at 3:55 am

    Is there a course on this? I’ve bought a course already on how to do FBA on amazon haven’t really had the money to start my product I know that dropshipping you need little to no money at all to start. I am 21 working in a warehouse job and I want something more out life I feel like my purpose in life is to inspire others to get out of the situation I am in now. I’m ready for a change I just need a mentor and a blue print so I can finally say I took that leap of faith and better my life in every aspect. Thank you for your time I appreciate it! Hope to hear from you soon.

  2. July 28, 2017 at 3:11 pm

    Great post josh! This is really helpful for everyone who wants to join at the dropshipping family!

    Keep hustle

  3. Dawn-Reply
    July 29, 2017 at 1:13 am

    Does it work in Nigeria. Cause one of my problem is that, I see this stuff, get excited ,and then am like ” this stuff will only work in America and Europe it won’t work in my country.What do I want to dropship in Nigeria?”

  4. Josh King Madrid-Reply
    July 30, 2017 at 9:34 pm

    If you’re interested in an alternative type of dropshipping like Amazon-Ebay Arbitrage. Check this out: http://www.teamjetset.com/dsmastery. My buddy Jeff made $2.4M in the past few years and now he is working with people 1 on 1 . Check out this article I wrote about his success: http://teamjetset.com/dropshipping-success-story-new-lamborghini-at-22/

  5. September 4, 2017 at 1:39 am

    I am a seventy one year old gentleman still working and I have tried making money online years ago but did not succeed. However, I am good with tech and I am excited about your program which includes all necessary information to be successful in one place with Shopify etc.. I look forward to your new launch. Thank you

  6. Victor Xavier-Reply
    September 5, 2017 at 10:55 pm

    Teamjetset I’m down.I wana start.asap email me how if possible… I dont
    want to do the wrong moves.I have been piece ing together ecom info yours seems the most developed thx for the opportunity…

  7. Tocarra Patterson-Reply
    September 6, 2017 at 4:20 am

    I really enjoyed this post! It gave me a better understanding of Drop shipping and steps to follow! I definitely want to learn all I can and get into myself. I look forward to reading more posts! I hope you do post videos too, it would be great!

  8. September 12, 2017 at 5:50 am

    Thank you Josh for an informative blog. Where else may I am getting this kind of info written on drop shipping in such a perfect method. I have a venture that I am simply now operating on, and I have been at the glance out for such information.

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