The Definite Guide to Starting Your Dropshipping Business on Shopify
A dropshipping business is a great way to enter the world of ecommerce. You don't have the headache of dealing with inventory as the products are directly shipped from the supplier. The model offers low risk and you don't need a huge capital to start with. As you are not handling stock, the overheads are also low!
Many ecommerce platforms allow dropshipping and the most friendly among them is Shopify. You can start and manage the whole of your dropshipping business using a single interface with all the tools required.
Best of all, Shopify seamlessly integrates with dropshipping solutions like
WalletMonitor dropshipping software which are ideal for sourcing and selling products automatically. With our dropshipping software, you have nothing to worry about.
Today, we help you get started with your dropshipping business on Shopify and make the first sale!
How to Start a Dropshipping Business on Shopify?
Use the steps below with the right dropshipping tools to launch your Shopify dropshipping business.
- Name Your Store
You will need a name for your Shopify dropshipping store. Try to come up with a memorable name which resonates with your audience. Be concise and unleash your creativity!
You will need to check if the name you have chosen is available. Do a quick Google search to find out if any domain is associated with it. If not, go ahead with the name.
- Create Your Account
Just head to Shopify homepage and enter your email address on the box provided. Then click on "Get Started."
You will need to come up with a password and provide the name you have chosen for your Shopify store. Now provide your personal details and answer some questions on your experience with ecommerce.
Your Shopify account is now ready – the best dropshipping software can help you out.
- Configure Your Store
You need to set up your payment information, shipping rates and store policy before you can launch your dropshipping store on Shopify.
You need to set up a payment process to receive money from customers. Access "Payments" from Shopify settings and add payment options like PayPal.
You should be clear about your shipping rates. It's always better to offer free shipping to attract more customers.
You can just add the shipping charges to the price of the product and then declare free shipping!
- Launch Your Store
Now comes the time to launch your dropshipping store on Shopify! Click on "Sales channels" on the left bar of the Shopify interface and choose "Add sales channel." Next click on "Add an online store."
Now your store is live!
- Design Your Store
How your online shop looks has a direct impact on your sales. You don't need to hire a designer to create an aesthetically pleasing store- Shopify has inbuilt themes to help you out!
Shopify offers both free and paid themes which you can choose based on your budget and requirement. The next important thing is creating a solid logo that represents your brand.
You can experiment with graphic design software like Photoshop or Canva to create your logo.
After you have decided on the theme and logo, it's time to add products to your store.
- Start Dropshipping with WalletMonitor
WalletMonitor dropshipping software helps you to locate and add products to your Shopify store automatically. The software scans different ecommerce platforms like eBay, Amazon, AliExpress and Walmart to find the highest-margin products you can sell.
You can add the recommended products along with all variations like different colors, sizes, materials and so on. The products are re-priced according to predefined rules set by you so that you don't need to adjust the prices manually each time.
WalletMonitor dropshipping software also keeps a check on the availability, listing only products which are in stock.
- Getting Your First Sale
Instead of sitting and waiting for your first sale, launch some marketing campaigns to attract customers. You can run ads on Facebook, Instagram or social media optimized for your target audience.
Content marketing is another way to get traffic to your online store. Test various methods and find the best ones that work for you.
- Expand Your Portfolio
The secret to the growth of any online store is to add more high-margin products to your catalog.
WalletMonitor dropshipping software scans your chosen ecommerce platforms every 1 to 16 hours to identify new and profitable products you can sell on your store.
Slowly your online store will start getting customers and lead the way to a profitable dropshipping business.