How to Start an Online Business Without Inventory 😮

Learn how to build an online business without holding inventory using dropshipping.

The thing is:

Starting an online business without inventory is the dream for many entrepreneurs. Using dropshipping, you can sell products directly from suppliers to customers without managing any stock. This business model eliminates overhead costs like warehousing and shipping, making it an attractive option for anyone looking to start small and scale quickly. This guide will walk you through the essential steps to get started with dropshipping.

Steps to be followed:

1. Pick a niche for your business.
2. Choose a reliable supplier (AliExpress, Oberlo).
3. Set up an e-commerce platform (Shopify, WooCommerce).
4. Select products to sell.
5. Set competitive prices and markups.
6. Launch your website and start selling.
7. Promote using paid ads (Facebook, Instagram).

Tips

• Tips: Focus on trending products

Resources

• Shopify for store setup, Oberlo for finding suppliers