One of the amazing things about dropshipping is that you do not need a lot of money to get started.
Technically, the only fixed costs are your monthly web platform subscription - for example Shopify, which is $29/month. Plus the cost of your website domain, which is a one-time fee of less than $20. On a very minimal budget, you could start a store with $50.
However, there are many other costs that you could add to scale up your business if you have the budget to do so.
Variable costs may include: Ordering test products, purchasing a premium Shopify theme, running paid on platforms such as Facebook, Instagram, and Google, and paid Shopify Apps.
For our breakdown on the costs of dropshipping and the budget that you need to get started, check out this SaleHoo blog:
Link hidden: Login to view
- Sarah from SaleHoo