4. Dropshipping
The fourth way you can have a stable business from home is dropshipping. What does this mean? Dropshipping means buying the products at a relatively low price and selling them at a high price. The difference between the selling price and the buying price becomes your profit.
Although most drop shippers are now selling virtual products, which they have not seen or tested, others have already bought the products, tested them, before selling them. You can choose any of the methods for your business from home.
Which platforms do you use for Dropshipping?
You have various sources to buy your products and the platforms to sell your products on. I have used Shopify before hence I recommend it for any person who wants to go into dropshipping.
After you create your Shopify Store, the next thing is to connect it with Oberlo which enables you to add the products from Ali Express or Amazon to your Shopify store.
This is the method thousands of people are using and they are making millions of dollars. Shopify gives you a trial of 14 days during which you can set up your store and start selling. After getting your first order, Oberlo will fulfill it for you, and you will have some dollars to start a premium store.
For a paid Shopify theme, you will need around $30 per month, which is a peanut compared to what you will be earning. Also, you will need $15 for your custom domain for your Shopify store. Your business from home requires a custom domain name.
The next thing you can do is to increase your sales and make your store known by advertising your business from home either using Google Ads, Social media, or any other platform. As you drive customers to your store, some will buy while others will not.
I advise that you focus your advert on the top-tier countries like the United States, United Kingdom, Australia, New Zealand, and Canada. Most people in those areas have a high spendable budget compared to other countries.
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