Yes, you can make $100k/month. For this neither you need to buy any course, nor do you need many skills. This is the easiest and fastest way to earn $100k/month. This method will start giving you results within 5 days.
You just need to sell 200 products per month to earn $100k/month on a $500 product. And what is this 200 product? how to sell it, and all the information about how you will get the product is given in this post.
Dropshipping is the name of this method of earning this $100k/month. This means that you will sell other sellers‘ products at a higher price by adding your commission. You don’t have to worry about manufacturing products or getting them delivered to customers‘ homes.
1. Select the product
To earn $100k/month through dropshipping, first of all, you have to select a product that will attract the customer. Customers should get benefit from your product only then sales will be more.
By researching for a while, select the best product for you so that you can earn profit by generating more sales. Sell only premium products so that you can keep more profit margin in that product.
2. Find Product Sellers
You have 2 ways to find products for dropshipping, the first online and the second offline method. The online method means, that you will list the products from any online product-selling website to your website, and in the offline method, you will find product sellers in your area and list their products.
Spocket, AliDropship, etc. are the best sites to start dropshipping. Visit any of these dropshipping websites and select the products you want to sell. Or You can approach any product seller in your area to earn $100k/month from dropshipping.
3. Build a Website
To sell products you must have a website where customers can find and buy products. Buy a hosting and domain to make a website, if you need to learn about making a website, don’t worry.
Creating a website using WordPress is a very easy process. We have attached a video tutorial on how you can create a dropshipping website, so watch this video.
3. List Products with 100% Commission
You can keep the price of any product as per your wish. If you target premium customers, you will have more profit in fewer sales; if you target normal customers, you will have to make more sales to make more profit.
We recommend you list any product with 50-100% profit only to get more profit. And sell only those products that are not readily available, as the product with limited availability will also have a high price because it is less readily available.
4. Promote Product
To make $100/month in the next 30 days. You have to promote your products. For promotion, you can use Google ads, Bing ads, Facebook ads, etc. You have to promote to make more profit in less time. Without promotion, you will not get more sales and profit too.
5. Sell and Earn $100k/month
As soon as you get the order, you can order those products at the customer’s address through these dropshipping websites. With this, you will not have to worry about the delivery of the product.
The customers will not even know about the original price of the product.
FAQ
Is There A Risk Of Loss In Dropshipping?
No, the risk of loss in this is much less than in other businesses. That’s why you can feel free to start this business.
Is Dropshipping More Profitable By Targeting An International Audience?
If you target tier-1 countries then you will also get more profit. However, it is not necessary to target the international market to make a profit from dropshipping.
How Long Does It Really Take To Make Money From It?
If you work properly, you can start earning money from dropshipping within 30 days.
Conclusion
100k/month can be earned through dropshipping, and many people are earning more than that. With a little hard work, you too can earn this much.