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Is £100 enough to start?

Discussion in 'Dropshipping & Wholesale Hookups' started by dkinderis, Feb 1, 2016.

  1. dkinderis

    dkinderis Registered Member

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    hello guys,

    as the title suggests I am looking to start dropshipping. I don't know a heck of a lot about dropshipping but I get the general idea as i have read several posts and methods about dropshipping.

    I am looking to make some money using the dropshipping method but i only have just over £100 to invest. Now i'm not sure if that is enough for me to have a passive income.

    Yes, i know i could sell 10-20 items with those £100 and wait untill i sell those and use all of the profit to sell more items - Just a big loop hole.

    is my goal of £300 a month possible to reach with an investment of just £100?
     
  2. virtualbyron

    virtualbyron Jr. VIP Jr. VIP

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    Sure you can but all is about the competition of the keywords, if you find a very nice without competition you can do it, may be start with a micro niche selling site

    I suggest you to make it by yourself beside buy it on the market place, less expensive and you will have a better result in the end

    Also read all the guide about keywords competition and after that you can rent few expensive keywords competition analyse tool on fiverr for $5

    Good luck!
     
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  3. dkinderis

    dkinderis Registered Member

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    thanks, will most definitely look into some keywords and a micro niche

    And i don't really know what you mean when you said 'I suggest you to make it by yourself beside buy it on the market place'.

    thanks for that!
     
  4. 1morenoob

    1morenoob BANNED BANNED

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    I don't think he read your post lol.

    It is if you have a paypal/ebay with the holds off, otherwise it still is but until that goes you won't make much
     
  5. dkinderis

    dkinderis Registered Member

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    well here's my first problem lol, will need to get the holds off. thanks!
     
  6. virtualbyron

    virtualbyron Jr. VIP Jr. VIP

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    He talk about "passive income" so passive = SEO

    I mean if you plan to have visitors by SEO and you don't care about items and you just looking for a valuable niche don't expect find gem in the market place, do it by yourself because I doubt you can buy an "all on one" solution for $100 who make you 300 / month, I tell you that because I see you are new and many sale thread are does not tell the whole truth if you know what I mean
     
  7. Windmill

    Windmill Supreme Member

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    Are you starting your own e-commerce store? If so it is enough because you'll get the money fast from the buyer to purchase the item you're dropshipping.

    Are you dropshipping on eBay/Amazon? It is enough to get started, but dropship low-cost items to start with because you'll have to wait a bit before they'll release the money the customer pays, so you need to have enough money to cover the initial sales.
     
  8. loedown

    loedown Jr. VIP Jr. VIP

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    That is more than enough if you do your facebook or other ads correctly.
     
  9. LocalProxies

    LocalProxies Jr. VIP Jr. VIP

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    In the dropshipping business, you won't need a investment. You can use your 100 pounds just to attract customers to your site, because when someone buys, he or she pays you and with that money you order a product for them and write his or her address on the package. I am sure you can earn around 300 pounds a month, but you have to choose your products very wise and concentrate on things that are not easy to find or have a very big difference in price. If you find some product that is much cheaper that in stores or in other online stores you can dictate the price and that will give you many new customers. Wish you all the best. Let us know how is it going in the future.