15 Dropshipping Business Success Stories [2024]

Updated: November 19th, 2023
Start A Dropshipping Business

Dropshipping is a business model where you sell products to customers without holding inventory.

Instead, when a customer makes a purchase, you buy the product from a third-party supplier, who then ships it directly to the customer.

To start a dropshipping business on a budget, choose a niche or category of products you want to sell.

Next, set up an online store using platforms like Shopify or WooCommerce. Then, find reliable suppliers from platforms like AliExpress, list their products on your store, and focus on marketing and customer service to grow your business.

Remember to carefully manage your expenses and monitor your profit margins to ensure profitability.

Here are some real life success stories of starting a dropshipping business:

1. E-commerce Mentoring ($1.2M/year)

Kamil Sattar, an entrepreneur with a passion for high-quality fashion, started his drop shipping business after realizing he needed a way to accumulate funds to afford the clothes he loved. He discovered Shopify and drop shipping in 2017 and used his knowledge and techniques to create successful six and seven-figure stores. Now, he specializes in helping others create their own drop ship companies.

How much they make: $1.2M/year
How much did it cost to start: $1K
Current team size: 6

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How I Started A $100K/Month Business Mentoring Dropshipping Entrepreneurs

Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.

About
Kamil started E-commerce Mentoring almost 7 years ago
Revenue
Kamil grew the business to $100K/month
Costs
It cost Kamil $1000 to start the business
Read by 23,335 founders

2. Blindster ($36M/year)

Kyle Cox, Founder and CEO of Blindster, came up with the idea for his business after purchasing blinds for his new home and realizing that the existing online shopping experience was lacking. He saw an opportunity to create a true eCommerce experience for custom window treatments and provide exceptional customer service. With $50k in initial start-up costs, Blindster launched in 2010 and has since achieved tremendous growth, with record sales of $39MM in 2020.

How much they make: $36M/year
How much did it cost to start: $50K
Current team size: 30

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I Built A $36M/Year eCommerce Selling Window Blinds

Blindster, a leading custom window treatment eCommerce retailer, achieved record sales of $39MM in 2020, experiencing a 60% increase over 2019, by focusing on over-the-top customer service with a six-week training program for customer service reps and a Fit-or-Free guarantee, among other marketing tactics.

About
Kyle started Blindster about 13 years ago
Revenue
Kyle grew the business to $3M/month
Costs
It cost Kyle $50000 to start the business
Read by 8,328 founders

So... can you actually make money with a dropshipping business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

3. Importify ($900K/year)

Moshe Lugasi, founder of Importify, came up with the idea for his business while running his own online store on Shopify. Frustrated with the time-consuming process of adding products and fulfilling orders manually, he outsourced a developer to create an app that would automate the process. After launching the app, Importify quickly gained traction and became one of the first companies to offer this level of functionality, generating $128,000 in its first year and now grossing $60,000 a month.

How much they make: $900K/year
How much did it cost to start: $10K
Current team size: 7

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We Launched A $720K/Year Dropshipping App [With 7,500+ Customers]

How a video game industry sales manager turned his frustration with dropshipping into a $720k/year business, helping thousands of online storefronts automate their product import and dropshipping with app Importify.

About
Moshe started Importify about 7 years ago
Revenue
Moshe grew the business to $75K/month
Costs
It cost Moshe $10000 to start the business
Read by 4,595 founders

4. Hustle Got Real ($300K/year)

Miguel Pieras, the founder of Hustle Got Real, came up with the idea for his business after taking a course on Udemy about dropshipping on eBay. He quickly set up his own eBay store and sold his first item within a week. However, he faced the challenge of ensuring that the products he sold were always available and at the right price. This inspired him to create an automated system, which became the foundation for Hustle Got Real, allowing individuals and businesses to sell online without owning any stock.

How much they make: $300K/year
How much did it cost to start: $200
Current team size: 6

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How We Started A $25K/Month Business Helping People Sell Online Without Owning Any Stock

Founder of Hustle Got Real shares how he turned a side hustle into a business generating $18,000/month with over 15,000 customers in 25+ countries, and offers insight into the process of designing, prototyping, and launching a successful e-commerce software tool.

About
Miguel started Hustle Got Real about 6 years ago
Revenue
Miguel grew the business to $25K/month
Costs
It cost Miguel $200 to start the business
Read by 16,007 founders

So... can you actually make money with a dropshipping business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

5. Temples and Markets ($72K/year)

Judith Treanor came up with the idea for her business, Temples and Markets, after traveling extensively throughout Southeast Asia and being inspired by the creativity and resilience of the artisans she met. She wanted to expose their unique creations to a broader market and help others overcome "Buyers' Regret" by offering products that could usually only be found on one's travels. Since launching, Judith has used PR, SEO, and email marketing to attract and retain customers, with 85% of her traffic coming from SEO.

How much they make: $72K/year
Current team size: 0

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How Judith Treanor Started A Business Sourcing Products From Southeast Asia

Temples and Markets founder Judith Treanor sources handmade, unique and sustainable artisan products from Southeast Asia for her online store, curating accessories, bags, jewelry and home decor to appeal to conscious consumers aged 30-55 who love to travel, with a 24% returning customer rate and an online conversion rate of .33%.

About
Judith started Temples and Markets about 9 years ago
Revenue
Judith grew the business to $6K/month
Read by 5,946 founders

8. Tag Pup ($720K/year)

Revenue
$60K / month
Team
1 founders / employees

Vlad Kuksenko started Tag Pup and, in 18 months, became the top pet product seller using dropshipping. You can do it too!

We sat down with Vlad and learned how he loved art but earning a living as an artist wasn’t an option until graphic design became a major field. Today, he creates personalized dog collars, leashes, and bandanas that fill the number one pet products shop on Etsy.

We’ll share the tips and strategies he used to become number one in his category, walk you through setting up an Etsy listing, answer some of the most common questions about Etsy, and share resources that will make your path to a successful business easier.

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Case Study
  • In 2019, Vlad Kuksenko founded TagPup, an Etsy shop selling pet supplies.
  • The company offers custom collars, pet tags, dog bandanas, and a wide range of other pet products.
  • Only a few years ago, Vlad invested $500 to launch TagPup. He now generates $60K in revenue each month with a 50% profit margin.
  • Before starting TagPup, the founder worked as a graphic designer and product consultant.

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Watch the full video on youtube.com ➜

So... can you actually make money with a dropshipping business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

10. Viral Vault ($1.2M/year)

Revenue
$100K / month
Team
1 founders / employees

Dropshipping 2021 is off to a great start, here is a Shopify case study on how I am selling over $100k/month without AliExpress Dropshipping.

My name is Jordan Welch and this is exactly how I’m making mover $100k/month by Dropshipping one product on Shopify.

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Case Study

Jordan Welch is a 24-year-old young entrepreneur, drop shipper, YouTuber, and creator of online courses who founded the Viral Vault. The company finds and delivers the most innovative & viral products on the internet.

They offer the resources, guidance, and assistance you'll need to create a flourishing online store.

This company aims to give you a competitive edge so you can launch and grow a successful online store while working remotely.

Everyone who enrolls in their class provides a step-by-step training program, 2 carefully chosen products, launch-ready descriptions, video ads, targeting, ad copy, and competitor data.

Jordan started his own YouTube channel in June 2017, that now has 537k subscribers and over 23,265,000 views in total.

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Watch the full video on youtube.com ➜

8. The Kewl Shop ($1.8M/year)

After Charles came up with the idea for The Kewl Shop, he and his wife Sasithon focused on building their expertise and consistency within the dress market. They narrowed down their product offering to designer bandage and bodycon dresses and utilized Charles' analytical skills in SEO and PPC to drive traffic to their website. Through their dedication to quality and creating a strong brand, they have attracted and retained customers worldwide. In just three and a half years, they sold 10,000 dresses and reached their first $1 million in revenue. With their continued efforts in SEO and paid advertising, they are on track to sell 10,000 dresses by September 2019.

How much they make: $1.8M/year
Current team size: 6

article

Leveraging SEO To Grow An Online Store To $1.8M Per Year

How an online dress shop sold 10,000 dresses in 3.5 years to reach their first $1 million in revenue, and now generates an average net gain of 22% with consistent SEO and paid advertising strategies.

About
Sasithon started The Kewl Shop over 11 years ago
Revenue
Sasithon grew the business to $150K/month
Read by 6,001 founders

9. Dropshipping.com ($120K/year)

Martin, co-founder of Dropshipping.com, came up with the idea while working on a simple directory for dropshipping products. With a million-dollar offer to sell the website even before it was fully developed, Martin realized the potential and decided to build something bigger. With a focus on providing value to online sellers and creating unique content, Dropshipping.com has seen impressive growth, attracting 40,000 organic traffic in just one year and generating $10k from brand and affiliate deals.

How much they make: $120K/year
How much did it cost to start: $30K
Current team size: 7

article

How We Organically Grew Traffic From Zero To 40,000 Visitors In One Year [Dropshipping Resource]

Dropshipping.com is an all-in-one resource center for dropshippers, offering 2000+ vetted suppliers, 300K+ product ideas, hand-picked winning product ideas, 140+ downloadable premium guides, and more, with the website currently generating $10k on average from brand and affiliate deals and $7-8K monthly expenses.

About
Martin started Dropshipping.com over 2 years ago
Revenue
Martin grew the business to $10K/month
Costs
It cost Martin $30000 to start the business
Read by 2,994 founders

10. Yes To Brand ($132K/year)

Veronica Baljak, the co-owner of Yes to Brand, started her online business journey by building dropshipping stores for herself, family, and friends. Through networking, sharing her knowledge in blogs and on social media, and becoming a motivational dropshipping influencer, Veronica gained a dedicated following and decided to create Yes to Brand, an agency that helps people start and improve their online businesses. With sales averaging $11,000 per month, Veronica's positive mindset and passion for manifesting success have led to rapid growth and opportunities for collaboration.

How much they make: $132K/year
How much did it cost to start: $7K
Current team size: 3

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How This Dropshipping Influencer Started A $11K/Month Agency

Dropshipping entrepreneur Veronica Baljak shares how her agency, Yes to Brand, helps people start and grow their online businesses, averaging $11,000 in monthly sales just three months after launching by focusing on positive mindset, collaboration, and transparency with customers.

About
Veronica started Yes To Brand over 1 year ago
Revenue
Veronica grew the business to $11K/month
Costs
It cost Veronica $7000 to start the business
Read by 1,944 founders

11. The Indoor Golf Shop ($300K/year)

How much they make: $300K/year
Current team size: 11

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$300k in Sales on the Side in Year 1

This case study is about the success story of the founder of The Indoor Golf Shop who started his e-commerce store in 2017 and has since expanded his manufacturing capabilities, made $300K in sales by 2019, and achieved a three-year revenue growth rate of 1,507%.

About
Rene started The Indoor Golf Shop about 7 years ago
Revenue
Rene grew the business to $25K/month
Read by 352 founders