Hey What is up hustlers! Welcome back to
side hustle Academy a channel where we
go through how to set up side hustles
with the goal of creating additional
income sources so for those who have a
few Benjamins ready to invest into their
online business this will be a follow up
on how to set up a dropshipping store
with zero dollars so this video is going
to be perfect for you because I'll be
sticking to a two hundred dollar budget
so if you have two hundred dollars to
spare I'll be going through exactly how
to set up your store and the recommended
tools and elements to spend your
hard-earned cash on so like the previous
video I'm not gonna bat around the bush
here I'm going to tell you exactly what
to do step by step so you've got the
best head start when it comes to drop
shipping and starting an online store so
as you can tell I've got this nifty
calculator here so I'll be telling up
the spend that we need so I'll pull this
in and out of the screen so syllabus of
the previous video I'll recommend you
starting with this little nifty button
here the free drop shipping guidebook
now this is a guide book that I've
created myself and it is extremely
useful for those completely new to this
scene and so go ahead click on that link
either down on the video links down
below or that channel tab that I've just
showed you it go ahead and fill out this
form and click download now so either
you'll get an email in your inbox with
the download link or you should be taken
directly to the download link here so it
looks something like this and I highly
urge you to go through this book and
take an hour to read everything and
digest digest everything so the first
step obviously is selecting a Shopify
plan now shop fire will be the host to
your store essentially so you can get
your free trial in that ebook or again
you can just directly go through the
link down below in this video and it
will take you to this page here once you
log in
and set up your store let's quickly go
over pricing so here's what I recommend
when it comes to pricing quite simple
really you you need to start with or you
don't need to I recommend that you start
with basic shop fire that's all you need
to start with now why do you need the
shop fire invention of fire plans that's
when you start start to see a lot of
advanced a lot of orders in terms of
volume and you're going to get the
credit card rates and they're low at
lower rates so that's when and it'll be
useful when you see a lot of orders
coming through but at the moment $29 is
all you need like literally all you need
and it's going to give you everything
you need so go ahead sign up and you
have a 14 free a day trial so that's a
perfect amount of time for you to set up
your saw on the back end
so that is the perfect amount of time
you need to set up your saw so let's go
back into the shop fight back end of my
saw which is a test store obviously and
and now I'm going to go straight into
apps and tell you what to get starting
off the first thing is Oh blow now go
ahead and download Oh blow because that
will be your order fulfillment app and
that's going to get all your products
over from Aliexpress which is the
marketplace we'll be using over to shop
fire so that's the first app you need to
download that's completely free so let's
pull the calculator back in now we're at
twenty nine USD and that's for shop the
shop five monthly plan so let's pull
that back out now here's my
recommendation when it comes to themes
so let's click into the online store and
and let's presume you either want to go
with free themes or a paid theme but if
you're going to go with a free theme I
recommend or highly recommend venture
for several reasons which I won't get
into but like I said this can be a very
straightforward video that I'm just
gonna recommend straight out there if
you want a recommendation with a paid
theme let's go visit the theme store and
I'll show you exactly what I recommend
when it comes to paid themes now you can
get away with not using a paid theme
straight up the free themes are great in
its own sense but if I go into explore
themes now I'm not gonna I'm not going
to suggest you go with this theme simply
because the themes are gonna blow out
the budget as you can tell that all
about $180 so if you go into search
search here the thing that I highly
recommend and I had great success with
in terms of paid themes is Empire so if
you go into Empire this one but this bad
boy right here is perfect for I wouldn't
say it's perfect for niche stores but
it's perfect for general stores because
it has a great user interface everything
looks extremely professional it doesn't
look like a Shopify store doesn't look
like a Shopify dropshipping store so
that's what you want anyway that's a
recommendation on the side because it's
gonna blow at the budget but once you've
got that all set up the
next thing is obviously let's go onto
Aliexpress and this is quite important
this step is quite important let me pull
this back in here this step is all about
testing now a lot of people neglect
product testing but this is potentially
one of the most important elements
especially if you're going down the
route of potentially white labeling your
product later down the track so let's
think about a random product here and
let's just enter something in that's
quite random let's just type in makeup
brushes okay let's pretend you're
targeting females you know in their
early to late teens now what you want to
do here and again depending on your
niche let's stick with the makeup niche
here you're going to order probably five
to six products send them or directly to
you and test out the products you're not
only going to test out these products
right you're also going to be testing
out the delivery time the communication
with the supplier and their reliability
so that's why it's extremely important
and sure that you're getting quality
products that you're sending out to your
your prospects because if you're sending
out crappy products and you don't know
it you're hurting your brand before it's
even started so that's probably going to
cost you again depending on and you know
what your niche is but let's just
allocate $30 to two to testing so we're
at $59 $60 USD already and the next
thing you want to do is once you've
built out your straw you've tested your
products and you want to go ahead and
obviously purchase a domain name you do
not want to start with a my Shopify com
domain name because that's just not
reliable it's not great for SEO I highly
recommend Namecheap now Namecheap you
can get URLs for as cheap as eighty
eight cents now this obviously depends
on the type of you URL you're getting so
let's make up one make up or us okay I
don't know
dot-com makeup Prue so that sounds like
a pretty cool name when Lai and sir once
this loads let's just see a rough cost
so you get a whole selection here so
this specific domain name is available
for $15 Australian now that's about I'd
say I think $12 USD so I'm gonna input
that in so let's go ahead and type in
$12 so we're at $71 now so once you
added this to Cartwright you I'm not
going to go through how to set up your L
and that's gonna take some time but once
you've added this a car you'll be taken
to your essentially a page where you get
to set everything up via the back end
and you essentially go into the Shopify
store I'll quickly show you go into
domain names and it's quite simple if
you follow the Shopify instructions
because they make it so easy do not
click by their name buy donate domain
name in shop fire because usually it's
actually more expensive it's cheaper if
you go through a direct supplier such as
Namecheap but once you've got that URL
hit connect existing domain from here
you're gonna type in that exact Oh main
that you've just purchased and it'll
give you some instructions on how to set
everything up it's quite straightforward
really
and so from there we're at 71 dollars
now next thing of course is to get your
own logo and this is another quite
simple one you can bootstrap this and go
cheap go on to Fiverr and for five
dollars you can get a logo completely
customized to your liking so go hit
graphics and design and go into logo
design and from here you can type you
can show them what sort of logo you are
looking for and then you get a whole
bunch of results for as low as five
dollars so you know go type in 0 to 10
and
go through each supplier give them a
brief of what sort of vibe you want to
go for what your brand is all about
ouch bust one out for five USD so let's
go ahead and put that into the budget so
from here you can imagine how quickly
we're going at seventy six dollars only
and we've got half the store set up
we've got a professional-looking logo
things are looking pretty good from here
now from here you want to get the next
thing I highly recommend and it this is
in the App Store so let's go back into
the App Store where is that page let's
go back here hit the App Store now for
some reason I couldn't find it on the
App Store so I just went direct you can
find the URL down below for a free trial
as well so by the way everything every
single tool in a recommendation will be
in the description links below for your
convenience and also most of them will
have free trials and but what this tool
is and I mentioned it in my very first
video on YouTube this is a very insanely
powerful tool so once you start pushing
traffic onto your store if I paid ads or
or however you choose to get your
traffic this is a very very simple tool
where whereby you get to literally see
all the stats of your traffic coming
through where they're coming from and
you might be wondering okay well then
why do I need to pay ten dollars a month
to see all the stats I could potentially
see in shop five back in that's a good
question it's mainly because of the
recordings and the recordings and heat
maps now these two elements are so
important and this is this all ties into
a theme code conversion rate
optimization these two elements will
tell you how your customers are
interacting with your website month on
month and what things you need to fix on
your website in order to increase the
conversion rate now this tool will get
you much more than $10 back okay because
once you fix some elements and you get
to understand how people interacting
with your website
that could translate into hundreds if
not thousands of dollars in sales and
this is simply just ten dollars a month
so let's go ahead and type in just add
to this budget ten dollars now we're at
$86 simple as that okay so that is my
recommendation once you start getting
traffic but beyond that okay once you
start seeing orders and once you start
seeing processes being set by yourself
everything's flowing nicely everything's
set up the next thing you want to do and
this is a very important step because
you do not want your Shopify store you
don't want your Shopify store taking up
all your time okay you don't want it and
you know you don't want to be sitting at
home after work every day and just
managing your store day in day out day
in day out and spending heaps of hours
on it what you want to be doing is
creating a document so you can outsource
all of this work to a virtual assistant
this is arguably one of the most
important steps once everything's
running of course and and my
recommendation is online jobs pH now I
don't know why this isn't loading
properly but just give it a second there
we go
this is my recommendation and I have
done a video on this about virtual
assistants and it's quite tough to find
firstly a reliable virtual assistant and
secondly a trustworthy online assistant
virtual assistant because obviously
there's a lot of dodgy people out there
who are just there to grab a buck or
scam from you and so I don't actually
recommend going through up work or
Fiverr this has worked really well for
me and this or obviously sources jobs
from Phillip the Philippines they're
usually super super friendly on top of
that the extremely experienced and and
there is a monthly fee to this which is
a little annoying but like I said this
is a video catered towards people that
have money to invest but with that fee
you get entrance into a whole stack of a
plus quality virtual
and as you can see here quite a few
people are companies are using this this
online portal Google included so highly
recommend this it's very simple to use
you simply post a job I'll quickly take
a look at pricing as well so from here
you can you can use a free the free
version but really it's not going to do
much because you can't actually contact
the workers you actually need to head on
to the pro version in order to recruit
these VA so that is going to cost you
$69 per month but really once you've
recruited a VA you don't really you
don't need to be paying online pH 69
dollars every single month so let's go
with a once-off fee and that should
total if I'm writing a hundred and fifty
five dollars so that is it guys like
that's all you need to get you soar up
and running with two hundred dollars
less than two hundred dollars
I've saved you guys about fifty dollars
here so that's about a hundred and fifty
five USD to get your store up and
running the best possible way really so
highly recommend this method if you've
got the spare money to invest now with
the would drop shipping and will shop by
drop shipping the beauty of it is it's
very low barriers to entry so you don't
actually need $155 to start off with
although I do highly recommend spending
your time and cash to invest upfront so
if you do go ahead with the theme
it's 180 so let's just say how much how
much is that that's about three hundred
thirty-five dollars and so still look it
that's that's not shabby to start an
online business and that's you could
consider that as cheap there's no
overheads compared to Amazon FBA where
he's spending thousands and thousands of
dollars on inventory that may not even
sell this is a beauty of drop shipping
so for three hundred thirty five or one
hundred and fifty five dollars depending
on what you want to go for you've got a
fully fledged Bennett business ready to
go now of course there are small minor
fees depending on the country that
you're in for example a Bien's
LLC's that
gonna cost you a little bit of money but
that should still sit under $200 so 155
plus additional fees you're looking at
somewhere near $200 so that's that is it
guys that is all you need to start drop
shipping to start your first online
store to sell to the world and I highly
recommend this method if you have some
spare cash laying around now like I said
go ahead and download that ebook because
it has everything you need to start it
is quite an easy business model but
competition is fierce so be sure to
subscribe to this channel and if you
haven't already for videos every single
Wednesday 4 p.m. Eastern Standard Time
so as always guys thanks for watching
and keep on hustling