Before we get into the nitty-gritty of starting without money, let's make sure we're on the same page about what dropshipping is. In a nutshell, dropshipping is a business model where you sell products online without having to stock them yourself.
When someone orders from your online store, you purchase the product from a third party—usually a wholesaler or manufacturer—who then ships it directly to the customer. This means you don't have to worry about inventory, packing, or shipping.
Is Dropshipping Legal?
Yes, dropshipping is legal. However, dropshippers must conduct business ethically and under the rules and regulations of their respective jurisdictions.
No wonder, dropshipping has become a go-to business model for aspiring entrepreneurs. But what makes it so appealing? Here are the top 3 reasons:
1. Low Startup Costs: You don't need to buy products in bulk, eliminating the need for a large upfront investment.
2. Flexibility: You can run your business from anywhere with an internet connection.
3. Scalability: You can start small and grow big without worrying about warehousing or logistics.
Most people won't tell you that it's possible to start dropshipping with no money. They'll say you need a fancy website, run paid ads, and others. But the truth is, you can start with zero dollars. Yep, zero. Here's how: