Selling a product is just about the most direct thing that you can do to earn money. With the arrival of the internet, selling has become easier and extending your reach beyond your hometown is not only doable but easy. The problem? You’re going to need a lot more products and a lot more money to do that. So a solution would be to get into drop shipping, which means selling products that you don’t own. This means you have something to sell but you don’t have to worry about the products themselves; the production, storage, inventory, maintenance, etc.
That’s great! It’s much easier and less risky. But let’s make it even better by choosing to purchase a turnkey e-commerce drop shipping site. This means an immediate online shop that has age, backlinks, affiliate programs, and ready to open for business. You can even get support and tips from the previous owner. All you have to do is find the right site for you. Luckily, there are many online market places that sell those.
What You Need
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Account in online marketplace
Setup Steps
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Make a list of topics that you’re interested in aka niche ideas.
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Visit online stores and see if the products in each niche are in demand.
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Do keyword research on each niche.
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Sign up for an online marketplace like Flippa.
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At https://flippa.com, search websites by clicking on the menu items. Check the reseller’s information, traffic, income, backlink audit, the works > Make a bid by clicking Bid Now or buy the site right away.
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If you win, you get a notification on top of your page. You and the seller will be redirected to the Sale Completion Area to discuss the details of your purchase and transfer.
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Get an Escrow agent of your own or make use of Flippa’s Escrow agent to handle payment.
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Finalize the transaction.
Marketing Setup
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Get Google Adsense and an affiliate program. Place your discount code in a prominent area. Experiment to see which area and what type of ads work best.
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Create and connect your social media accounts, make YouTube videos to drive traffic to your site.
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Work on your SEO and create more keyword heavy content.
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Work on providing great customer service and allow them to leave feedback.
Timeframe
Time to do: 2 weeks
Time to see results: 1 month
Additional Tips
Do your research.
Don’t be afraid to ask the seller questions.
Find a site that you will have tons to write about.
Get stats on what’s trending both in and out of your site. Find the ones that need improvements and figure out how you can improve them. Stay in contact with the previous owner to learn more about his/ her experience and challenges with the site.
Avoid sellers with unlimited copies of the same site. Go for the ones with limited copies to ensure a unique vision and a better opportunity for you to customize and improve your site.
Review the seller and the site thoroughly. See how well the site has been doing, the suppliers and service they provide, and the products that they sell. Get a WordPress site for an easier and faster experience. If you need hosting, make sure the site has it and ask questions. Check the sites payment features and partners.
Don’t transact outside of Flippa or the marketplace you’ve chosen.
Potential Results
Flippa reduces the time and effort you were supposed to invest in creating and launching a site and moves straight on to you being able to do business. This will help you see results and a passive income sooner. but this doesn’t mean it will be a huge one right away. Dropshipping still takes dedication. Your starting income of $250 a month could increase to $1, 000 with the right marketing, maintenance, and management.
