Mcmbonu's Posts
Nairaland Forum › Mcmbonu's Profile › Mcmbonu's Posts
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 (of 25 pages)
What Is Opera News Hub & How Does It Work? Before we proceed on our quest to make money with Opera news hub, allow me to bore you a little on how it came to be. The Opera news hub is a new online media platform where bloggers and content writers can get exposure to their masterpiece. It connects seamlessly with other Opera mobile apps like the default Opera mini browser. Which means content creator will have the opportunity to reach more international audience and more exposure. And at the same time, get more social media followers and spread their content all over the internet. This basically means the more awareness your content gets on the news hub the more potential income you can make. Opera itself is a freeware web browser for: Microsoft Linux Andriod iOS macOS It was conceived in 1994 and was bought by the Opera software in 1995 and everything was boring which eventually brought us to Opera news hub. Learn more! This is actually not difficult and don’t get scared with the term blogger and content creation. To make money with the opera news hub, you just need to come up with interesting stories and publish them as convenient. The least word count is 150 words and you can write and many words as you can write. The trick to making more with this platform is to write much content as possible. If you’re lucky to be making 10K from one article think about what you’re made when you have over 20 of those similar articles. Everything comes back to your effort and how much time you’re willing to give; the more time you give can easily increase your payout. [b][/b]What If You Can’t Write Or You Don’t Have The Time? Perhaps you don’t have the time to write the article yourself or you simply think you’re not good enough when it comes to writing? I have good news for you! Do you know you can actually outsource the article writing…? I have a platform where I get article written as low as $2. This Platform is called HIREWRITER. Here’s the trick, let’s say you’re making a minimum of $10 per article and pay $3 to write one article. At the end of everything, you’ll be left with a profit of $7. The best part is you can get your article the following day which makes it very FAST! And remember the word count is at least 150 words. So, you’re definitely on the winning side. If it sounds cool, you can head over to HIRE WRITER and get your content written. And again, if you happen to know how to write, you can equally get paid as a writer too on the HIREWRTER platform. Ready to get started? Steps to Start Making Money with Opera News Hub Below are the necessary steps you need to take to create your account and start getting paid with Opera news hub: Step 1: Create An Account on opera news hub To create an account you need to visit the Opera News Hub. At the home page, you’ll see the image above, click on the red “Login/SignUp” button to create an account. Next, you’ll see a prompt notification asking you to continue with Facebook. After this, you’ll be required to login with your Facebook password. Then the next page will be your account set-up page. The first page will require you to confirm your login, just hit the confirm button and proceed to the next page, which is the one in the image below. This is simply your hub information and everything about your blog on Opera news hub. Wemedia Name: This isn’t your personal name, but rather the name you want to give your blog on Opera news hub. Category: This is the category you want to write content about. You can pick anyone, your content will not be limited to the category you choose. Profile Photo: This is going to be your image. It’s going to appear above every content you’ve written. Description: This is simply a short description of what your hub is all about Step 2: Account Information The next step after your hub details is your personal account information, this includes how you get paid. Here, you just need to fill out the form with your real details and enter your Opay number as the means to get paid. Once everything is successfully filled out, you can then proceed to your account and start publishing content. However, being a new member, your account is going to be under review for a few hours before it’s activated. Step 3: Publish Your First Content After everything is set-up properly and your account is activated, you can then start to publish content directly from your opera news hub dashboard. How to Make Money with Opera News Hub Article Title: This is where your article title is displayed. Try as much as possible to use catchy title that attracts readers. Content: This is where the main content is written. You can use the H1 and H2 header feature to add headers to your content. Once you’re done scroll down and click the blue publish button. How You Get Paid With Opera News Hub Below are the breakdowns of how your article makes you money on the opera news hub platform. 1 click will get you a traffic bonus of 0.036₦ 100 clicks will get traffic of bonus 3.6₦ 1,000 clicks will get you traffic of bonus 36₦ 10,000 clicks = traffic bonus of 360₦ 25,000 clicks = 2.5 * 360 = ₦ 900 Mind you, since the opera news hub is a huge platform, it’s way easier to get more than 10,000 clicks in a short period of time. Additionally, you’ll also get paid for post share and comments. Article with more than 100 engagements will be eligible for the engagement bonus which is ₦ 1800 per 100 engagement. If your article engagement bonus is lesser than this, you’ll not be eligible for the bonus. However, every content with over 100 is eligible. For example, 250 engagements, will get 2.5 * 1800 = ₦ 4500 as an engagement bonus Tips To Get Your Content Approve Faster You should know, not all contents are approved on the opera news hub. Copywrited content will be ban and don’t be tempted to do copy and paste. Also, avoid using titles that contain the following words: Shocking Shock OMG Unbelievable Twitter goes wild SURPRISE Amazing Etc… Those words are considered as clickbait. That is luring readers to click on them. Also, coming up: How to post videos on opera news How to write news on opera mini How to see my earnings on opera news hub Opera News Hub Login Opera News Hub Creator Opera news hub WhatsApp group |
Opening Your Stripe Account to Process Payments As A Non-US Resident Once your business LLC is registered, your business will equally receive a tax ID. Which is part of what we need to create your Stripe account. To create your Stripe account, simply head over to Stripe .com and create your account. Enter your email address and full name. After the registration, you’ll need to activate it by filling an account application. In the application, you’ll need to enter your US company details, EIN, your personal details and a digital copy of your government-issued ID. ALSO READ: My lecture on How to grow your business from zero to selling thousands per month.
|
Step 8. Inc Protection Advisor The Inc protection advisor and the remaining steps are Upsells. They are not necessarily what you need to have to have your stripe set up. The remaining steps include: Lawsuit Protection – $99 (this is a form of protections that exclude you from your business when your business gets sued. I paid for this, but you don’t have to if you don’t have the funds now. Plus, you can always pay for it later with Inc Authority). Express Delivery – $49 (if you want the entire process done within two days you can pay for express delivery. But normally, your business should be ready within five days using Inc Authority). Domain Name – $29.95 (this allows Inc Authority to secure your proposed business domain name for you. This is totally not necessary since you can get it for less than $10 with NameCheap). Business License Package – $99 (This also works in form of lawsuit protection. But as I said, you don’t need all this for now, and you can always get them in the nearest future if you want). Finally, you’ll need to make payment to secure your LLC business registration. The cost of what you’re paying for should be: 1. EIN/Tax ID – $49 2. Operating Agreement – $89 3. Kentucky State Filling fee – $40 == $179 ALSO READ: My lecture on How to grow your business from zero to selling thousands per month.
|
Step 7. Custom Operating Agreement At this step, you need to include the custom operating agreement because it’s very important. It actually proof your ownership of the business. And at the same time represent the state law backing your business Also Read: My lecture on How to grow your business from zero to selling thousands per month.
|
Step 6: Getting Your Tax ID (EIN) Inc Authority will be getting your EIN or Tax ID for you at just $49. Which is relatively cheap compared to other services out there.
|
Finally, “tick the Minimize business and taxes” and proceed to save and continue. Step 5: Your Business Address At this stage, you need a physical US address where your document can be sent to. In my case, I gave them a call and I told them to send it directly to my email address. But that doesn’t mean you don’t need the US address, you do! In other to set this up there are various services you can use like: 1. physicaladdress.com 2. virtualpostmail.com 3. shipito.com You can get started for free using shipito.com, you just need to create an account and you’ll be giving address automatically. A physical address! Next, enter your business address and click on Save and Continue.
|
To get yourself a free US number that works fine, you can download the TextPlus App on Google play store. The App is free and it’s equally what I use. Step 4. Enter Your Business Information As I said earlier, you’ll need to pick a name for your business and a search will be carried out on it to check if it’s still available. If it’s available, your business name will be created immediately upon the state approval. However, in the case whereby your proposed business name is not available, you’ll need to adjust the name or find another one. But it’s not going to cost you any additional fee! What you need to do here is simply enter your proposed business name, a good example is Dropshipping Technology and also write a short description of the business.
|
After that, click on “Save and Continue” Step 3. Business Owner Details The next step is about the business owner. At this stage, you’ll need to enter your First and Last name, your email address and as well as your US phone number. Also, you need to click the “Terms and Condition” box to continue to the next step
|
The next page is your business entity type and the state you want to form the LLC. Step 2. Choose Your Business Entity and State Simply choose LLC (Limited Liability Company) from the drop-down menu and choose your state. You can go with Kentucky because of the low cost and the cheap annual tax fee.
|
Now let’s proceed to form your LLC at Inc Authority: Setting up your LLC with Inc Authority is really straight forward, I’ve broken it down into the step by step guide below. All you need do is just follow the steps and your LCC and Tax ID will be set up. Step 1. Head Over to Inc Authority First thing first, you need to head over to IncAuthority.com to get started. Upon getting to the web page click on the “START NOW FOR FREE” button…
|
How to Form Your Business LLC Using Inc Authority In other to know how to use Stripe to process payments as a non-US resident you do have to form a business entity in the Us using Inc Authority. Inc Authority offers online business incorporation services, as well as additional business services such as record books, operating agreements, federal tax identification numbers etc. At Inc Authority, forming your business entity is free of charge except for state fees. And this is why it’s relatively cheap compared to others charging as high as $1000 for the same business formation. I did intensive research before I finally picked Inc Authority to for my business LLC formation in the US. Their service was on point and I was moved to partner with them so I can share with you guys. Going through their reviews on TRUST PILOT should show you exactly what I’m talking about, they are simply the best out there. How to Form Your Business LLC Using Inc Authority In other to know how to use Stripe to process payments as a non-US resident you do have to form a business entity in the Us using Inc Authority. Inc Authority offers online business incorporation services, as well as additional business services such as record books, operating agreements, federal tax identification numbers etc. At Inc Authority, forming your business entity is free of charge except for state fees. And this is why it’s relatively cheap compared to others charging as high as $1000 for the same business formation. I did intensive research before I finally picked Inc Authority to for my business LLC formation in the US. Their service was on point and I was moved to partner with them so I can share with you guys. Going through their reviews on TRUST PILOT should show you exactly what I’m talking about, they are simply the best out there. How to Form Your Business LLC Using Inc Authority In other to know how to use Stripe to process payments as a non-US resident you do have to form a business entity in the Us using Inc Authority. Inc Authority offers online business incorporation services, as well as additional business services such as record books, operating agreements, federal tax identification numbers etc. At Inc Authority, forming your business entity is free of charge except for state fees. And this is why it’s relatively cheap compared to others charging as high as $1000 for the same business formation. I did intensive research before I finally picked Inc Authority to for my business LLC formation in the US. Their service was on point and I was moved to partner with them so I can share with you guys. Going through their reviews on TRUST PILOT should show you exactly what I’m talking about, they are simply the best out there. ALSO READ: How To Become A Dropshipper: A Guide For Total Beginners
|
Setting Up an LLC for Your Business in The US One of the perks of having your business set up in the US isn’t limited to Stripe usage. You can have several similar businesses under the registered business. And also important, is the fact that you don’t have to have a Social Security Number (SNN) to have your business set up in the US. You just need to choose a NAME for your business and decide on the state you want it to be registered in the US. However, you do need to be careful as to which state you decide to set up your business entity. This is because some states charge high state filling (Business Registration) and as well as annual business tax. But I do find; Colorado and Kentucky… to be quite affordable. Colorado charges $10 annual Tax fee and $50 state filling while Kentucky charges $40 state filling and $15 annual Tax fee. At least as at the time of writing this article. You could as well do further research on that if you want. The state annual tax is a tax you pay on your business at the end of every year. So they vary based on the state you choose to set up your business. States like California and Hawaii should definitely be out of your pick because they are freaking high on tax. But not to worry, the sole purposing of this post is to show you how to get it done as easy as possible and at the cheapest fee. I’m equally not based in the US but I have my business set up in the US so I can equally use Stripe to process payments as a non US resident. I was able to do this using IncAuthority.com and Kentucky as my business state because it’s relatively cheap. The good news is I’ve been able to partner with them because I know many people will be needing this service and I want them to have it at the best place. Plus, there are various service out there charging as high as $1000 for this same purpose. But at the end of this post I’ll show you how you can get it done for less than $200. Coming from someone who also is a non-resident of the US I know how beneficial it can be for your online business. Most especially my blog readers! |
prince10348:welcome |
lightdream:welcome |
laivwire:You need an eCommerce store for your dropshipping business, Not an Instagram store Incase you don't know how to build a store and I can design for you a professional store and also show you secrets I used to grow my store. kindly whats App me 0.8.0.2.9.5.8.9.0.9.5 No, you need your own personal store. kindly check out the store I built for one of my student>>> www.bytelk.com yes, there are many ways you can check for hot trending product you can Dropship, kindly DM me Yes, you can do a google trend research using Google trend and keyword Planner Using supplier who can dropship from USA to USA or Europian country.. DM me for more Details |
How to Set Up Stripe Account for Non-US Resident or Non Supported Countries For you to set up a Stripe account legally without any future issue as a non US resident you’ll need the following: 1. US Business Formation (LLC) 2. EIN (Employer Identification Number) or Tax ID 3. US Physical Address 4. A US Phone Number 5. Finally, US Bank Account Okay. Before you get overwhelmed, everything can be set up within a few days and equally at a relatively low price. The most important of all is creating a Limited Liability Company (LLC) in the US in other for you to get your Tax ID (EIN). Once you’ve gotten your EIN or Tax ID, you can then proceed to create your Stripe account. Below is a message from Stripe confirming the validity of setting up a stripe account as a non US resident. If you’re a non-US citizen and have a US based business with an EIN you would be able to open a Stripe account. When we request the last four digits of your SSN, you can just enter ‘0000’ please ensure that you enter a valid tax ID (EIN) that has been provided for your business. We will then reach out at a later stage and request either a passport or government issued ID to verify your identity. If you don’t have a SSN/ITIN, you are only able to register as an LLC Corporation, Non-Profit or Partnership. If you sign up as a sole Prop/Individual, we require a valid SSN/ITIN even if you have a valid EIN So basically, as a non-resident you can create an account with Stripe so far you have a business entity in the US and a valid EIN number. Luckily for you, you don’t have to pay for the business formation, however, you do need to pay for state filing and tax ID. |
How to Open and Use Stripe to Process Payments As A Non US Resident I’ll assume you offer services online or have an e-commerce/dropshipping store or you simply need Stripe to receive payment on your business website. Whichever it may be, Stripe is still by far the #1 payment processor you can use to process payments on your website across the Globe. Using stripe allows you to easily accept payment on your website via credit card without transferring your customers to another website. The payment processor is embedded on your website which makes it invariably quick, easy and flexible for your customers to make payments. It doesn’t matter what country your customer is paying from, your price in dollars is charged on your customer’s credit card and remitted to your stripe account immediately. We all know how important it is to receive your hard-earned profits after you must have invested your time and funds in the business. And using Stripe makes this easier and reliable! Even better than PayPal. However, the bad news we already know is that Stripe is only available for residents in the US and a number of other countries. But, what if your country is outside Stripe availability by default, is all hope gone? Nah! This now brings us to the good news that you can still use Stripe legally even if your country is not part of the supported country. How can you achieve this? All you need to do is register a business in the US and use this information to set up your Stripe account legally. And this is exactly what I’ll be doing justice to in a bit… ALSO READ: How To Become A Dropshipper: A Guide For Total Beginners
|
Stripe – This is the most widely used payment gateway in the world even better than PayPal. Their seamless integration makes it easy to receive payment on your website in any part of the world. By default, it doesn’t work in Nigeria. And to legally use it, you’ll need to register your business in the US. I’ve written a complete guide on how to register your business to use Stripe. PayPal – this platform is one of the most widely accepted payment gateways but unfortunately it’s not visible in Nigeria. However, there has been a way around that. Which I’m sure few people are currently aware of. If you’re not, I have a PayPal report on how to set up your PayPal account that receives payment in Nigeria. Although it’s going to cost you a fee, a tiny fee in that matter… You can check the price here! Alternatively, you can use… Paystack – this platform accepts payment by default only in Nigeria. But if you want to receive payment internationally, you need to create an account with them and have your business registered with CAC and also have a corporate bank account in your business name. After this, you can then send them a request for receiving international payment. If everything goes well, you can start receiving payments within 24 hours. |
So, here was the principle that I applied • Learn new things every day even if you don’t need it at that point in time it might help you later. • No free money anywhere, Acquire great skills, understand the human psychology start selling something(it can be services, product, or anything sellable) • If you persist enough, you do achieve your goal. Patience is one of the greatest skill in business alot of people don't know Finally, to make things easier for you, learn from people who have gone through that journey. That's learning from other people's experience. Learning from already successful people in that field help’s you to shortcut the process by reducing your failure rate and increase your chance of success. Who you know will determine what you know, you’re an average of 5 people you relate with. If you move with broke people, you do end up broke. Move with the rich and same theory applies. Look at your life and you can change it for good. It all in your hand and no other person. It all depends on what you spend your time and money on. Make a step today and your life will change forever. continue reading : My lecture on How to grow your business from zero to selling thousands per month. |
In January of 2018, I was just like any other Nigerian undergraduate, trying to earn a leaving. wanted to start out a successful online business. I studied Microbiology in UNN and the most I knew about the internet were the basics then I decided to venture into eCommerce, with no shortage of dreams and hope. In less than a month, My store has already started attracting sales and have started making sales of $1000/month with just Facebook and Instagram as my marketing Tools Also Read: My lecture on How to grow your business from zero to selling thousands per month. Before we kick start the class. I will like to share with you my Journey to Dropshipping Business. I finished, searched for Jobs for 2 years. out of frustration, I started looking for different ways I can earn something online even if it will pay me #5000 monthly. I just wanted to break out of the rate race so bad. My brain went into overdrive, how can I stop being broke? I started my online business Journey with Fiverr, I offered Article writing and Photoshop design as a Gig. I earned my first dollar $ online on Fiverr that was what gave me confidence that I can really earn money online. From there, I dived into Ecommerce Dropshipping business because. I know there are more money and freedom in it. continue reading : My lecture on How to grow your business from zero to selling thousands per month. |
So, here was the principle that I applied • Learn new things every day even if you don’t need it at that point in time it might help you later. • No free money anywhere, Acquire great skills, understand the human psychology start selling something(it can be services, product, or anything sellable) • If you persist enough, you do achieve your goal. Patience is one of the greatest skill in business alot of people don't know Finally, to make things easier for you, learn from people who have gone through that journey. That's learning from other people's experience. Learning from already successful people in that field help’s you to shortcut the process by reducing your failure rate and increase your chance of success. Who you know will determine what you know, you’re an average of 5 people you relate with. If you move with broke people, you do end up broke. Move with the rich and same theory applies. Look at your life and you can change it for good. It all in your hand and no other person. It all depends on what you spend your time and money on. Make a step today and your life will change forever. continue reading : My lecture on How to grow your business from zero to selling thousands per month. |
In January of 2018, I was just like any other Nigerian undergraduate, trying to earn a leaving. wanted to start out a successful online business. I studied Microbiology in UNN and the most I knew about the internet were the basics then I decided to venture into eCommerce, with no shortage of dreams and hope. In less than a month, My store has already started attracting sales and have started making sales of $1000/month with just facebook and Instagram as my marketing Tools Also Read: My lecture on How to grow your business from zero to selling thousands per month. Before we kick start the class. I will like to share with you my Journey to Dropshipping Business. I finished, searched for Jobs for 2 years. out of frustration, I started looking for different ways I can earn something online even if it will pay me #5000 monthly. I just wanted to break out of the rate race so bad. My brain went into overdrive, how can I stop being broke? I started my online business Journey with Fiverr, I offered Article writing and Photoshop design as a Gig. I earned my first dollar $ online on Fiverr that was what gave me confidence that I can really earn money online. From there, I dived into Ecommerce Dropshipping business because. I know there are more money and freedom in it. continue reading : My lecture on How to grow your business from zero to selling thousands per month. |
There is just one thing that you need to take care of. You need to check whether your home has an internet connection or not because that is very important to run the business in the best way. #5. Very Flexible When you are doing drop shipping, then you will be able to make some amazing decisions which would work in favor of yours. There are some new products that you will be able to list on the online store of yours. This can be done whenever you want, and there is no time limit for it as well. Also, you will be able to adjust all the strategies that you have according to your liking. Say you want to take some time off and go for a trip, you will be able to make sure that everything is automated in the business so that it can run on its own. Now, doesn’t that seem helpful? We are pretty sure it does. #6. Easy Managing You don’t have to put in much effort when it comes to the management of dropshipping, and that is certainly one of the most important reasons why people tend to choose it in the first place. Ad by Valueimpression You don’t have to make any form of commitments to the businesses, and there is no doubt that you will be able to manage every single task without any trouble for sure. The business would work according to the needs and requirements that you have, and you will be earning profits from it as well. So, why wouldn’t anyone want to start it in the first place, right? How to Start a Dropshipping Business How to start a Dropshipping Business Here we have some of the best tips that you would need when it comes to starting the perfect dropshipping store for your business. Make sure that you follow all these tips to have the best results. #1. Select The Products Well, if you want to have a successful business of dropshipping, then you need to make sure that you select the products first. Now when it comes to the selection of the products, there are some things that you need to keep in mind. Ad by Valueimpression For starters, you always need to pick out the products which are always in demand. This way, you can make sure that your businesses are going strong because people will always need the products. Certain sites can help you in finding the products that you can send to your customers in the best way. #2. Select the Domain Name and Hosting Platform Now you need to know that drop shippers have two different types. There is one type of drop shipper who will have multiple stores for dropshipping. These are the people who don’t have to worry about having a proper brand or business name for themselves. However, there is also a second type. These people are the ones who have one type of dropshipping store, and they need to make sure that they can select the best domain name for their dropshipping store. Also, choosing the right hosting platform is important. Check out my Journey on how I'm able to grow my Dropshipping store from $0 to $10,000 |
There is just one thing that you need to take care of. You need to check whether your home has an internet connection or not because that is very important to run the business in the best way. #5. Very Flexible When you are doing drop shipping, then you will be able to make some amazing decisions which would work in favor of yours. There are some new products that you will be able to list on the online store of yours. This can be done whenever you want, and there is no time limit for it as well. Also, you will be able to adjust all the strategies that you have according to your liking. Say you want to take some time off and go for a trip, you will be able to make sure that everything is automated in the business so that it can run on its own. Now, doesn’t that seem helpful? We are pretty sure it does. #6. Easy Managing You don’t have to put in much effort when it comes to the management of dropshipping, and that is certainly one of the most important reasons why people tend to choose it in the first place. Ad by Valueimpression You don’t have to make any form of commitments to the businesses, and there is no doubt that you will be able to manage every single task without any trouble for sure. The business would work according to the needs and requirements that you have, and you will be earning profits from it as well. So, why wouldn’t anyone want to start it in the first place, right? How to Start a Dropshipping Business How to start a Dropshipping Business Here we have some of the best tips that you would need when it comes to starting the perfect dropshipping store for your business. Make sure that you follow all these tips to have the best results. #1. Select The Products Well, if you want to have a successful business of dropshipping, then you need to make sure that you select the products first. Now when it comes to the selection of the products, there are some things that you need to keep in mind. Ad by Valueimpression For starters, you always need to pick out the products which are always in demand. This way, you can make sure that your businesses are going strong because people will always need the products. Certain sites can help you in finding the products that you can send to your customers in the best way. #2. Select the Domain Name and Hosting Platform Now you need to know that drop shippers have two different types. There is one type of drop shipper who will have multiple stores for dropshipping. These are the people who don’t have to worry about having a proper brand or business name for themselves. However, there is also a second type. These people are the ones who have one type of dropshipping store, and they need to make sure that they can select the best domain name for their dropshipping store. Also, choosing the right hosting platform is important. Check out my Journey on how I'm able to grow my Dropshipping store from $0 to $10,000 |
Advantages of Dropshipping To have a complete understanding of the entire concept of dropshipping, one needs to know all the important details about it. Hence, here we are going to talk about the amazing benefits of having dropshipping for those who need to know yet. Well, we urge that you read this part very carefully if you want to know all about the advantages and the reasons why most companies want to practice dropshipping in the best way. #1. It Is Very Easy To Begin To start the campaign of dropshipping, one of the best things that you need to know about it is that you don’t have to go through any additional effort if you want to do it. The process is very easy, and pretty much anyone can do it. You don’t have to be an established business owner to practice it in the best way. You don’t need to have much experience in the process as well. All you have to do is get your basics all cleared up, and you are all set for the best practices of dropshipping. There is no doubt that it is one of the reasons why people want to use it in the first place. #2. Easy Growth However, you do need to put some effort into the marketing as well as the sales of the company. However, daily activities and routine remain pretty much the same. Also, the costs will not be skyrocketing anytime soon when you have the method of dropshipping to help you out. Because of that, your company can grow very easily and in a fast manner. One of the best things here is that you don’t even need to hire more people for the management of this process. Now, doesn’t that seem amazing? #3. No Need For Much Capital Here is another one of the benefits of the amazing dropshipping method. You don’t need to get more capital to set up the process of yours. To start the business, there is no doubt that you need capital. However, when it comes to dropshipping, there is no need to have much money for it because you will be able to run the whole thing with just the help of your computer and you don’t have to do anything here. All you need is some funds and your laptop, and you are all done. This is also another one of the reasons why people tend to use dropshipping for providing their products to the people. #4. Working From Home Is Easier When it comes to the dropshipping method of doing the business we have already made it clear that you don’t need to have any warehouse for the storage of the products and there is no need to have some kind of official location for the businesses as well. So, how does that benefit you? Well, you can work from home, and it will be the best way to run your business and that too from the comfort of your own home. |
They also don’t need to have certain warehouses which will be able to store the products that they have and also they don’t need to ship the products of the company to the customers as well. How the process of dropshipping works is that there is a retailer who will partner up along with a supplier of dropshipping. The supplier is the one that manufactures the products and creates the packages as well. The supplier will then directly supply the entire thing to the customer of the retailer. Hence, this is very easy of way of shipping things from one place to another, without the involvement of the company. The business model that we just explained here us very much attractive and amazing for the people because it will eliminate the entire of having the store manager or the owner to have a location of business such as offices, warehouses, and other things as well. All they have to do is get a laptop and have a proper and established connection of the internet, and they are all set for sure. Check out my Journey on how I'm able to grow my Dropshipping store from $0 to $10,000 |
Introduction to the Dropshipping Business in Nigeria, Nairaland online class If you have been running an online business for a very long time, then you have probably heard about dropshipping. Yes, some people are familiar with the term, but then some don’t know what it is and how it exactly works. This is for someone who is currently a beginner in the world of online businesses and is looking forward to having a way of entering the whole world of eCommerce. For such people, having understanding and knowledge about dropshipping can be a great help for sure. However, few people are intimidated with the thought of dropshipping and hence we are going to talk about it a little bit in here. So, here we go. What Exactly Is Dropshipping? When it comes to the definition of dropshipping, then it can be said that is s business model which can be enabling the company to make sure that it can operate in the best way without the use of inventories. Check out my Journey on how I'm able to grow my Dropshipping store from $0 to $10,000 |
The Issue of Payment Gateway The payment gateway is still the greatest hindrance to several online businesses in Nigeria. However, in the case of dropshipping, there are few ways around that. They include: Stripe PayPal and Paystack Stripe – This is the most widely used payment gateway in the world even better than PayPal. Their seamless integration makes it easy to receive payment on your website in any part of the world. By default, it doesn’t work in Nigeria. And to legally use it, you’ll need to register your business in the US. |
Step 5: Start making money Like I mention earlier, to make the work easier, there is a dropshipping plugin called “The AliDropship plugin”. This plugin is specifically designed for dropshipping. What it does is that it helps you to import product descriptions, photos, etc from your supplier website to your store. This can be done with just a click and when a product is sold on your store, it automatically sends the customer details to your supplier. The only thing left for you to do is to pay the supplier. After that, the supplier then ships the product to your customer address without questions asked and your customer won’t know the product is from a third party. Dropshipping has proven to be a good residual stream of income when done the right way and following the proper channel. So learning how to start a dropshipping business in Nigeria is not enough, you need to implement what you’ve acquired. |
Step 4: Market your business Obviously, without marketing, nobody is going to visit your store. You can’t just sit down and expect customers to come and buy from your store. You have to take it to them. The best place to market your product is through Facebook and Google Merchant. You can do this by creating a Facebook fan page after your domain name and create a Facebook business account to run your Facebook advert. When running your Facebook ad, choose one of your cheapest products to drive traffic to store. Or use this method called Free Plus Shipping Model. Once they make their first purchase they will naturally come back. Other means is by collecting their emails upon sign-ups and send marketing emails on new products or discount offers on existing products. Instagram ads and Instagram influencer do a good job in marketing dropshipping products too, you can as well check them out. ALSO READ: How To Become A Dropshipper: A Guide For Total Beginners |
Shopify – Shopify is a self-hosted platform and a website builder that allows you to easily build a website under a few minutes. You can create a store under 30 minutes and start selling any kinds of products you want to. This is one of the best platforms for dropshipping if you are a newbie or even a professional. It allows you to focus on your business by branding and marketing your products while they manage your store for you. The good thing is they offer a 14days trial. You can set-up your store in a day and start marketing immediately for the first week. With this, it’s possible to make profits within the 14days and pay your subscription even before the trial expires. But then, just because I said so, doesn’t mean you can! I will recommend Shopify for those with no experience with WordPress as Shopify is relatively easy compared to WordPress but more expensive. |
WordPress – Here you need to get a domain name. That is, the name of your website, and get a web hosting account to host your web store. Your web host determines how your web data is saved online. This is practically like a house for your website while the domain name is like an address to that house. After your domain name and your hosting account are ready, you can then install e-commerce software (WooCommece plugin) on your website after you’ve must have installed WordPress from your Cpanel. This can be done through one-click installation. And after that, you can start tweaking the website to your taste. Here, you will literally create your dropshipping website yourself but no coding is involved and it’s nothing you can’t do. Here’s the most important part, after everything is set up, you then need to get this Dropshipping Plugin (AliDropship). Without the plugin, you can’t run your dropshipping business effectively. Better still, if you can’t create the website yourself, or you don’t have enough time probably because of your work, you can easily order a ready-made dropshipping store from AliDropship. This is a perfectly customize dropshipping store with hots products that are ready to start selling. No work is required from your side when you ordered the custom dropshipping store. You can read the full review here. ALSO READ: How To Become A Dropshipper: A Guide For Total Beginners |