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Dropshipping with a 100 bucks?

Discussion in 'Making Money' started by speedhawk45, Apr 19, 2017.

  1. speedhawk45

    speedhawk45 Regular Member

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    would a 100 bucks be enough to put into fb ads for a product. i have thought of creating an insta page and some other social media pages, and gain followers and traffic from there aswell.
     
  2. Lunaaa

    Lunaaa Elite Member

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    $100 is not enough to start with fb ads. You will be able to test 1 product but you need to test multiple products to find a winning one.

    I suggest going into Instagram shoutouts, and after making some money with that, go into fb ads
     
  3. speedhawk45

    speedhawk45 Regular Member

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    Thanks for the tip, btw nice journey ;) i'm partly inspired by you to start dropshipping
    if you won't mind giving me a few tips, i was thinking of creating an insta niche page, getting followers over there, and then get orders from insta once i have enough organic flow, would that even work?
    i was thinking of gaining traffic from pinterest too? do you think pinterest is god for dropshipping?
     
  4. Lunaaa

    Lunaaa Elite Member

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    I haven't used Instagram or Pintrest to get sales. But from what I've heard, Instagram is much easier to get sales with and make money than facebook ads . But it would need a bit more work contacting pages and getting followers.
     
  5. Putabanana

    Putabanana Registered Member

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    No. you'll burn through the 100$ without getting results. Resort to free traffic on Instagram and Pinterest, the later specially if your niche is women friendly.
     
  6. Billy_Batts

    Billy_Batts Elite Member

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    Just like many others you got hyped by success stories, don't fall for that false hype because you will fail!

    How much money you have available to front your orders as there is a big chance PayPal will freeze your funds in the beginning, did you finish a complete professional looking website, fanpage, did you research your niche, have you set up a mail responder etc etc etc.

    $100,- isn't nearly enough to start out, $500-$1000 minimum and we can talk.
     
  7. redarrow

    redarrow Elite Member

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    You can make the cash with just paying for hosting and domain name , just add wordpress and woocommerce and other theme done many times .

    All you need to do is study what selling amazon and then use aliexspess to get that product .

    Aliexspress only accept credit cards but can ask the dealer for paypal or other money acceptance.

    The traffic , becouse you got no cash , you got to think ,out the box.

    You can use facebook ,and use group posting in your niche, you can join websites forumsin your niche and post and help others in your niche , you can do video youtube marketing, and comment on video in your niche , you can do all this for free ,leaving a short url to your website .

    You can then use socail websites to promote your products .

    You dont need money just time and a think......

    All the above will give you organic traffic , and it is the best traffic for sales .

    Eventually use paid traffic i suggest , adwords and bing , facebook use bot and halves your revenue ....

    All the info your need for your niche will be available from aliexspress free, if your good with video editing, make a good video on the product as well, all helps on sales .

    Good luck.

    If you need more help please use this forum and the search bar.
     
    Last edited: Apr 19, 2017
  8. speedhawk45

    speedhawk45 Regular Member

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    yeah gotcha. when you say 500-1000, are you reffering that the money will be used up in FB ads or the complete strategy?
    Thank you for your advice. can you tell me what you meant by 'facebook use bot and halves your revenue... '
     
  9. Billy_Batts

    Billy_Batts Elite Member

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    You will need $500,- for the split testing minimal, can it done for less? Sure if you are experienced or get extremely lucky but are you willing to take the gamble? The other $500,- is also bare minimum and that is when you like me do everything yourself.

    But you need the money for web hosting, tools, tracking software might come in handy, if you go with shopify you are stuck with monthly subscription plus you will need the Oberlo plugin which is also a monthly subscription, I don't know what your selling but as I said there is a change that PayPal will freeze your income in the beginning so that means you will have to buy the order from your own money at the start.

    If you ask what is a good budget to start which covers everything for a startup, @Lunaaa is more experienced with that but I would say and read many times, about $1500,- to $2000,- but of course it can be done for less but that won't work if you just jump in, you will need to research everything and read a lot about it.

    In any case don't rush it because it sounded easy, thousands of people thought this and have failed.

    Where you planning to dropship from?
     
  10. Dresden

    Dresden Regular Member

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    If your going with shopify use this link for a 60 day free trial: https://www.shopify.com/perks/quickbooks
    Oberlo is free to use which will help you import/order products quickly.
    100$ is not enough for facebook ads. You'll spend quite a bit of cash in the learning stages plus you'll need to test a lot of products over and over before you find the gold mine. It's not as easy as it sounds unfortunately and in the beginning it can get really frustrating when your losing money and not making any of it back.
     
    • Thanks Thanks x 1
  11. speedhawk45

    speedhawk45 Regular Member

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    thanks!
     
  12. Hooi

    Hooi Newbie

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    you could do dropshipping with any budget, but honestly speaking you will find it 100x easier if only you had at least $500.

    At the end of the day it depends how much you value your time
     
  13. truong32

    truong32 BANNED BANNED

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    Good luck and a good tip