Starting Dropshipping Without Cash

Sep 28, 2024

Starting Dropshipping with No Money

Introduction

  • Dropshipping is known for having low startup costs in online businesses.
  • Main question: Can one start and succeed in dropshipping without any money?
  • Plan to test this theory step-by-step from product research to marketing.

Finding a Product

  • Importance of selecting a product that can generate sales.
  • Product Research Strategies:
    • Utilized TikTok and Facebook Ads Library initially.
    • Switched to AutoDS for a tailored search using a 30-day free trial.
    • AutoDS provides updated product research with market trends.

Selected Product

  • Chose a back stretcher and posture corrector.
    • Solves a real problem.
    • Unique wow factor.
    • Competitors sell it for $30-$50.
    • Fits the trending workout and Pilates niche.

Marketing Strategy

  • Opted for creating original ads to stand out.
    • Ordered product from Amazon for ad creation.
    • Plan to return it post-ad creation using Amazon’s 30-day return policy.
  • Built the dropshipping store on Shopify.
    • Used a promo for a $1 start with an additional $50 app credit.
    • Secured a .store domain for 99 cents due to its higher conversion advantage.

Ad Creation

  • Created ads focusing on a raw, authentic look to blend into TikTok's platform.
  • Used methods like reducing image noise, increasing quality, and editing overlays.
  • Emphasized user-generated content to avoid typical ad appearance.

Organic Marketing on TikTok

  • Utilizes TikTok’s unpredictable virality and equal playing field for newcomers.
  • Strategy involves:
    • Engaging content over follower count.
    • Use of trending sounds and hashtags for visibility.
    • Emphasis on content that doesn’t appear as ads.
  • Linked TikTok account to Instagram to direct traffic since TikTok link feature activates post 1,000 followers.

Results and Conclusions

  • Total initial expense: $21.
  • Realization: Starting truly with $0 is challenging due to minor unavoidable costs.
  • Hosted a giveaway to support others in starting their dropshipping journey.

Final Thoughts

  • Although starting with absolutely no money proved difficult, the challenge demonstrated that minimal expenses can unlock online business opportunities.
  • Encourages viewers to engage for a potential follow-up on the project’s progress.