How Much Money Do You Need to Start Dropshipping in 2019?



✅ Notes from the video: https://gabrielstgermain.com/dropshipping-startup-costs-2019/ ✅ $1,083,252 in 5 months with one product (full case study): https://bit.ly/2X7kAkW ✅ Free dropshipping course playlist: http://bit.ly/2SrzILl ✅ Join the FB Mastermind group: https://bit.ly/2QgzYHP ✅ $200 starting budget video: https://www.youtube.com/watch?v=6GrmiRLjZyc ✅ $2000 starting budget video: https://www.youtube.com/watch?v=wA0E0g5Tuyo ✅ Follow me on IG: https://www.instagram.com/gabrielstger Hey everyone! In this video, I answer a question that I get asked a lot, which is: how much money do you REALLY need to start a dropshipping business? The actual startup costs of a dropshipping store are extremely low – all you really need is $50 for a Shopify plan + a domain name. The biggest expense is the marketing that you need to drive traffic to your site. I talk about 2 different marketing strategies you can use based on your starting budget: one strategy for a low budget, one strategy for a higher budget. For low starting budgets (~$200), I recommend starting with Instagram page influencers instead of Facebook Ads. This is what I did when I first got into dropshipping and it really helped me build up some capital to take things to the next level. Learn more about this strategy: https://www.youtube.com/watch?v=tzjSFsNjBlc For higher starting budgets (~$2000), i'd recommend jumping right into Facebook Ads for long-term consistency. However, you must be willing to burn some money testing with Facebook Ads especially if you are a complete beginner. Learn more about this strategy: https://www.youtube.com/watch?v=wA0E0g5Tuyo Thanks for watching! If you found this video helpful, please leave a thumbs up and subscribe. I try to post one new value-packed video like this one every week. If you made it this far in the description, leave a comment below telling me what you want to see next, I would really appreciate it!