How much does it cost to start on online dropshipping business?

The ecommerce market is enormous.  According to Statista.com, in 2020, retail e-commerce sales worldwide amounted to 4.28 trillion US dollars and e-retail revenues are projected to grow to 5.4 trillion US dollars in 2022.

About two thirds of US consumers with access to the internet now purchase products from an online store at least once a month, and the number of people who regularly make use of eCommerce sites is constantly increasing.  The statistics tell us that there were 900 million more buyers in 2021 than there were in 2020, for instance.

So, if you want to start a small business with no geographical limits, an online store could be just what you’re looking for.

How much does it cost to start on online dropshipping business?

Dropshipping is a form of retail business wherein the seller accepts customer orders but does not keep goods sold in stock.  It is the quickest and cheapest way to start your online eCommerce business today and can be very rewarding if done correctly.  Here are our recommended steps, along with costing, to get your eCommerce business website up and running.

Domain Registration - USD$17.95 (annual payment)

Set your web address by registering your domain. Your domain name is the address of your website that people type in the browser URL bar to visit your website, for example, www.qdsjamaica.com

In layman's terms, if your website was a house, then your domain name would be its address.  Register your domain at QDS Web Host for $17.95 annually for up to three years at a time.

Website Hosting - USD$24.00 (annual payment)

Web hosting is a service that allows organizations and individuals to post a website or web page onto the Internet. QDS Web Host has great prices on hosting packages.  As you would just be starting out, we recommend the Jump Start shared hosting plan for USD$1.99 per month to begin with.  The following are included:

  •  10 GB Disk Space
  •  20 GB Monthly Traffic
  •  1 Domain Hosting
  •  Free SSL & HTTPS

If it's your first time purchasing a hosting account, there is no need to feel overwhelmed as you will get a user-friendly Control Panel where you can easily add domains, manage emails, databases and FTP with a few clicks.  With the Zacky app installer and website builder you do not need technical skills to create your website.  QDS Web Host has an automatic backup system performing frequent backups so you can feel reassured that there is no danger of losing your data.  There is also a 24/7 customer service team to help you with any issues you might face along the way

eCommerce Theme - USD$59

If you want to take a go at creating your website yourself, Blossom Themes is your go-to place for making your site from scratch effortlessly.

Their web templates are SEO-friendly, mobile-responsive, easy-to-use, and are rich in features. They provide a broad range of WordPress themes with a variety of striking features. You could build very nice-looking websites without any professional skills.  

They provide a slew of functionalities for its premium products. There are some differences between the themes but here is a list of features common to almost every web template.

1. Mobile-Friendly Design

Every WordPress theme of Blossom Themes has a mobile-friendly/responsive design. This feature renders your website with the correct resolution on all screen sizes. 

2. SEO-Friendly Design

If you want an SEO-friendly web template that can rank your website on the first page of search engine results of Google, Bing, and other search engines, then Blossom Themes can help in this process.

3. Unlimited Color Customization

Blossom Themes allow you to modify the color theme of your website easily. You get unlimited colour selection options which makes it easy to customize the website’s appearance based on the colours of your brand.

4. More Than 900 Google Fonts

Blossom Themes provides you with a collection of more than 900 Google fonts in every template. You can also adjust other typography settings, like font size, colour among other things

5. Attractive Homepage Sections

Blossom Themes include a wide variety of homepage elements depending on the product you choose. 

Have a look at their review section.  Thousands of active users are happy with Blossom Themes products.  Click here to get your template

CJ Dropshipping Account - FREE

According to sitejabber.com,  CJ Dropshipping has a consumer rating of 4.9 stars from 1,434 reviews indicating that most customers are generally satisfied with their purchases. CJ Dropshipping ranks 2nd among Ecommerce Tools sites.

CJ Dropshipping is easily integrated with WooCommerce, the eCommerce plugin for WordPress. You can authorize your store to CJ Dropshipping following which, your orders will be synced to CJ and they will fulfill your order as you like once you have made payment.

Here are the general steps:

1. Once you've registered here, go to "authorization" on CJ

2. Click add store;

3. Fill in Site URL and keys;

4. Click "Authorize" and done. 

So there you have it.  All you have to do now is select your niche, find your products and begin advertising.  Good luck.

If you are having difficulty with any of these steps or don't feel comfortable taking on the challenge, feel free to contact us and we will do it for you at a minimal cost.  We will also teach you how to manage your store.

 

Key eCommerce Statistics 

  • Up to 95% of sales are expected to be conducted via ecommerce by 2040.
  • Department store sales are expected to decline by 60% by the end of 2021
  • In the US, ecommerce sales increased by 44% between 2019 and 2020
  • Around 51% of today’s online shoppers conduct purchases via phones
  • There are more than 2 billion people buying online worldwide