How Much Money Does It Cost To Start Dropshipping In 2020?

Are you wondering how much it costs to start dropshipping? A hundred dollars? A thousand dollars? In this article, we will calculate how much you need to start a dropshipping business on WordPress depending on your needs.

There are many ways to start a dropshipping store, but we at SaleSource prefer WordPress. Why? Because a website built on WordPress fully belongs to you, giving you total control and ownership over your business. Do you already have a WordPress site? Then read till the end to learn how to start a dropshipping business without breaking the bank (using dropship spy tools). Now, let’s find out how much dropshipping costs in 2020!

Minimum budget: about 150 dollars

To start a dropshipping website, you will need these elements:

  • a domain name
  • hosting
  • a CMS
  • dropshipping software

Domain

This is the absolute minimum of what you need to start. You can get a domain name for your website on GoDaddy.com or NameCheap.com. Simply type an idea into the search field to see various suggestions for names. Most of them will cost you about $10 for the first year. Just keep in mind that the price will increase after the first year. Okay, so a domain name will cost about $10 (even for the top shopify stores)

Hosting

Next, you’ll need to pay for hosting. Hosting is a service that provides you with the resources required to show your site on the internet. Simply speaking, it’s a server you rent to run a website. You can either find a hosting service on your own or use one of SaleSource offers designed specifically for dropshipping business. Choose our silver plan if you want to minimize your dropshipping startup costs as much as possible. This plan provides enough capacity to start a business and will cost you only $48 for the first year.

dropshipping

And again, don’t forget that you’ll need to pay for the hosting each year after.

CMS

So we’ve got your domain name and server out of the way. Now you can create an actual website. But to do that, you’re going to need a CMS, which is a content management system. At SaleSource, we recommend using WordPress since it’s absolutely free and simple to use. You can download WordPress from the WordPress website to use it as a basis for your store. And since it’s free, you pay nothing!

Dropshipping software

We’re almost ready to go! The last thing you’ll need is some sort of software that can turn a simple website into a dropshipping store. It’s critical to have this to avoid repetitive manual work in finding suppliers and importing them to your website. Our SaleSource plugin is your best bet. Count on it to automate many tasks such as searching for suppliers and importing product imagery and descriptions. For a one-time payment of only $89, the SaleSource plugin simplifies the complexity of setting up products for your website. There’s no subscription or no additional fees. One payment. One super convenient solution. And we provide you with life-time customer support.

So adding all those up, a dropshipping startup in 2020 costs only $147. That’s a small investment to make for a fully functional, fully-customizable business! After installing the plugin, adding your desired products to sell, and designing your website, you will have a professional web shop ready to entice customers and bring in orders!

Medium Budget: $350

Now, if you have some extra budget to spend, let’s see how much dropshipping will cost if you elevate our SaleSource services. If you don’t want to set up the SaleSource plugin, website server, domain, and all that by yourself, simply leave it to our team. SaleSource will create a dropshipping store based on your ideas from scratch. We call this our custom dropshipping stores. In this case, you will still have to pay $48 for the first year of hosting, but now on top of a fee of $299 for the entire creation of the custom store.

For $299, our Basic package includes all the elements necessary to start a dropshipping store such as:

  • the SaleSource plugin
  • a domain name
  • a free website theme
  • payment gateways
  • 50 products within the niche you choose, and much more.

So if you add up the hosting cost with the custom store fee, starting a dropshipping business with our team’s help will cost you $347. It’s much more than $147, but if you have the budget for it, why not? One payment makes you the owner of your own dropshipping store. You won’t have to pay any additional fees except for yearly hosting and the domain fee.

Established stores

And finally, if you don’t want to start your business from scratch (even with our help), SaleSource has an easy solution for you – fully-functional established stores!

dropshipping

These sites are not just niche-targeted and designed with hot-selling products, but each website already brings in a monthly revenue and visitor traffic. Visit our site to learn more about this offer and the various costs.

How to start dropshipping with $0?

Okay, you must be thinking how we can go from $379 to zero cost. Hey, it’s possible if you have a WordPress website (see why we recommend it as your CMS?). Install our DropshipMe plugin, which allows you to import up to 50 selected and pre-edited AliExpress products from the curated product database for free. Yes, zero cost for 50 neat product pages of expert-selected, high-volume selling items so you can start a marketing campaign right away. The DropshipMe doesn’t require anything aside from having WordPress as your site platform. 50 high sellers for no money is a steal. If you see success with these free products adds, remember you can always get more hand-picked items by buying additional packages. And if the 50 free items don’t work out too well for you, hey — there’s no loss for you.

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