Making 100 euros per day through dropshipping can be accomplished by finding a high-demand product, sourcing it at a low cost, and marketing it effectively to a large audience. Here are some steps to help you get started:
Research profitable products: Use tools like Google Trends, Amazon Best Sellers, and social media to identify products that are in high demand.
Find a supplier: Once you have a product in mind, use directories like AliExpress or SaleHoo to find suppliers who can provide the product at a low cost.
Build an e-commerce store: Use platforms like Shopify or WooCommerce to create an online store where you can sell your products.
Market your store: Use social media, influencer marketing, and SEO to drive traffic to your store and increase sales.
Optimize your sales funnel: Use email marketing, retargeting, and upselling techniques to increase your average order value and boost your revenue.
It’s important to note that making 100 euros per day through dropshipping is not a quick or easy process and it requires a significant amount of work and patience, but it is possible with the right strategy and execution.
What dropshipping companies should you work with?
AliExpress: AliExpress is one of the most popular dropshipping companies and offers a wide variety of products at low prices. It is a marketplace that connects retailers with manufacturers and suppliers from China.
Oberlo: Oberlo is a Shopify app that allows you to easily import products from AliExpress and other marketplaces into your Shopify store. It also offers features like automated order fulfillment and inventory management.
Spocket: Spocket is another dropshipping app that connects retailers with suppliers from around the world, including the US and Europe. It offers a variety of features, including automated order fulfillment and real-time inventory updates.
Printful: Printful is a print-on-demand dropshipping company that allows you to create custom-designed products and sell them on your e-commerce store. It offers a wide range of products, including clothing, accessories, and home decor.
Doba: Doba is a dropshipping company that offers a wide range of products, including electronics, clothing, and home goods. It has a unique data feed feature that allows you to easily import products from multiple suppliers into your e-commerce store.
It’s important to note that these are just a few examples of the many dropshipping companies available, and the best one for you will depend on your specific needs and preferences. It’s also important to do your own research and read reviews before deciding which company to use.
Best tips for those just starting dropshipping
Here are some tips to help you be successful at dropshipping:
Find a niche: Specialize in a specific product category or target a specific market to make it easier to stand out and attract customers.
Source quality products: Make sure to research and choose reliable suppliers who can provide good quality products at a reasonable price.
Optimize your website: Make sure your website is user-friendly, visually appealing, and optimized for SEO to attract more visitors and increase conversions.
Use social media: Utilize platforms like Instagram, Facebook, and Pinterest to promote your products and connect with potential customers.
Test and optimize: Continuously test different marketing strategies, pricing, and product offerings to see what works best for your business.
Provide excellent customer service: Building trust and reputation is important for any business, so make sure you respond to customer inquiries and resolve any issues promptly.
Keep an eye on your competition: Understand what your competition is doing, what they are offering, what they are charging and how they are marketing themselves to gain a better understanding of the market.
Keep your inventory updated: Keep an eye on your inventory, keep track of the products that sell well and those that don’t and adjust accordingly.
Continuously improve: Keep learning, adapting and experimenting to improve your business and stay ahead of the competition.
Remember that dropshipping success depends on a lot of factors and it’s important to be patient and persistent as building a successful dropshipping business takes time and effort.
How long it will take to make 100 euro a day with dropshipping?
The length of time it takes to make 100 euros per day with dropshipping can vary depending on a number of factors such as the niche you choose, the products you sell, the marketing strategy you use, and the competition in your market.
It’s important to remember that building a successful dropshipping business takes time, effort, and patience. It’s not uncommon for it to take several months or even a year to start seeing significant profits.
There are some steps you can take to speed up the process, such as finding a profitable niche, sourcing quality products, optimizing your website, and marketing your store effectively. However, it’s not a guaranteed path and success.
It’s important to note that making 100 euros per day is a big goal and it’s not easy to achieve. It’s a good idea to start with a smaller and realistic goal and grow from there. It’s better to have a solid foundation and a profitable business before aiming for high revenue numbers.
Should you get going with dropshipping or look for some other alternatives to make 100 euro a day?
Here are some alternatives to dropshipping that you can use to make money online:
Affiliate marketing: In affiliate marketing, you promote other people’s products and earn a commission for each sale made through your unique affiliate link.
Online courses: You can create and sell online courses on a topic you are knowledgeable about, either through your own website or on platforms like Udemy or Skillshare.
E-books: Writing and publishing e-books can be a great way to make money online, especially if you have expertise in a particular subject.
Podcasting: Podcasting has become increasingly popular in recent years, and if you have a unique perspective or knowledge on a specific topic, you can monetize your podcast through advertising, sponsorships, or merchandise sales.
Blogging: If you enjoy writing and have a passion for a specific topic, you can start a blog and monetize it through advertising, sponsored posts, or affiliate marketing.
Social media marketing: If you have a large following on social media, you can monetize your account by promoting products, services or running sponsored post.
Virtual assistant: You can offer your services as a virtual assistant to entrepreneurs, business owners, or other professionals.
Graphic design: If you have a talent for design, you can offer your services as a graphic designer, creating logos, brochures, and other marketing materials for businesses.
Web development: If you have skills in web development, you can create and sell websites, themes and templates, or offer your services as a freelancer.
These are just a few examples of the many ways to make money online, and the best approach for you will depend on your skills, interests, and resources. With any of these options, it’s important to have a clear plan, be consistent, and continuously learn and adapt to find the best way to monetize your skills and interests.