Drop Shipping Business

Business Idea: Start A Drop Shipping Business in 2024

Updated: July 7th, 2024

Monthly Revenue
$10K
Market Size
$102B
Market Size

Want to enter the world of ecommerce without the hassle of managing inventory? Dropshipping could be your answer. In this business model, you set up an online store, but instead of keeping stock, you partner with suppliers who handle the storage, packaging, and shipping for you.

Starting a dropshipping business means you can focus on marketing and customer service while suppliers take care of the logistical heavy lifting. This reduces the upfront costs and risks typically associated with traditional retail.

Imagine running a store where you sell a variety of products without having to worry about warehousing or overstocking. With platforms like Shopify and dropshipping apps such as Oberlo, finding products and integrating them into your store is straightforward.

For those looking to dive into ecommerce with minimal investment and maximum flexibility, dropshipping presents a compelling opportunity. It’s an efficient way to tap into the online marketplace and start generating income.

Startup Costs

How much does it cost to start a drop shipping business?

  • It can cost as low as $100 to start a drop shipping business.
  • It can cost as high as $5,000 to start a drop shipping business.

Learn more about the costs of a drop shipping business.

Examples Of Successful Drop Shipping Businesses

Successful drop shipping business businesses and case studies

A multipreneur shares how she built a successful print on demand side hustle, generating $120,000 per year through multiple brands spread over various platforms.

$10K Monthly Revenue
$100 Startup Costs
Read by 11,529 founders

See full list of successful drop shipping businesses.