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Education / Re: How I Started Make Over $10,000 Doing Dropshipping Business After I Graduated by mcmbonu: 5:11pm On May 03, 2020
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.
Education / How I Started Make Over $10,000 Doing Dropshipping Business After I Graduated by mcmbonu: 5:10pm On May 03, 2020
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.
Business / Re: How I Make Over $10,000 Doing Dropshipping In Nigeria by mcmbonu: 4:55pm On May 03, 2020
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.
Business / How I Make Over $10,000 Doing Dropshipping In Nigeria by mcmbonu: 4:53pm On May 03, 2020
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.
Business / Re: Introduction To Dropshipping Business In Nigeria Nairaland (Make Over $1000/mon) by mcmbonu: 4:26pm On May 03, 2020
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
Business / How I Make Over $10,000 Doing Dropshipping In Nigeria by mcmbonu: 4:25pm On May 03, 2020
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
Business / Re: Introduction To Dropshipping Business In Nigeria Nairaland (Make Over $1000/mon) by mcmbonu: 4:09pm On May 03, 2020
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.

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Business / Re: Introduction To Dropshipping Business In Nigeria Nairaland (Make Over $1000/mon) by mcmbonu: 4:06pm On May 03, 2020
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
Business / Introduction To Dropshipping Business In Nigeria Nairaland (Make Over $1000/mon) by mcmbonu: 4:04pm On May 03, 2020
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
Business / Re: Drop Shipping In Nigeria- Experience, Advice And How To - Nairaland by mcmbonu: 12:54pm On May 02, 2020
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.
Business / Re: Drop Shipping In Nigeria- Experience, Advice And How To - Nairaland by mcmbonu: 12:52pm On May 02, 2020
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.
Business / Re: Drop Shipping In Nigeria- Experience, Advice And How To - Nairaland by mcmbonu: 12:51pm On May 02, 2020
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
Business / Re: Drop Shipping In Nigeria- Experience, Advice And How To - Nairaland by mcmbonu: 12:50pm On May 02, 2020
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.
Business / Re: Drop Shipping In Nigeria- Experience, Advice And How To - Nairaland by mcmbonu: 12:48pm On May 02, 2020
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
Business / Re: Drop Shipping In Nigeria- Experience, Advice And How To - Nairaland by mcmbonu: 12:47pm On May 02, 2020
Step 3: Choose a selling platform

Now, this part is very important, because it determines how your website is going to look to your customers. And you know professionalism breeds reputation. For this I’m going to list two platforms for building your store. They include:

WordPress and
Shopify

1 Like

Business / Re: Drop Shipping In Nigeria- Experience, Advice And How To - Nairaland by mcmbonu: 12:45pm On May 02, 2020
Step 2: Find a Reliable Supplier

The place of suppliers cannot be over-emphasized in dropshipping business. This is because they are the owners of the products you’re selling. So, it’s safe to say the quality of your supplier determines the success of your business. Trust me without a reliable supplier there won’t be a product for you to dropship. So you might as well take them seriously.

One of the ways to spot good supplier on AliExpress is by checking their seller rate. You wouldn’t want to go for a seller below a 90% score.

Most likely, AliExpress is this the best options for anyone interested in dropshipping from Nigeria. Except you have a reliable manufacturer or seller in Nigeria that’s willing to work with you.

In this case, all you’ll have to do is promote their products send orders to them, and they will be the one to handle the logistic within Nigeria.

Other than that, AliExpress is your best guess!

Products on AliExpress are relatively cheap giving you profit scalability on your business. The good thing is over 80% of drop shipper use AliExpress so this might be your best choice in Nigeria.

However, using AliExpress also comes with its own challenges! Which of course is the issue of AliExpress long shipping time.

This is when questions like; will your customer be able to pay before they receive their products in Nigeria? Or will they be able to wait over 30 days before they receive their package, will begin to pop up in your mind.

Then you’ll begin to wonder, is all hope gone for dropshipping in Nigeria?

Nah! You can always sell to international markets or delve in Mini importation business.


ALSO READ: How To Become A Dropshipper: A Guide For Total Beginners
Business / Re: Drop Shipping In Nigeria- Experience, Advice And How To - Nairaland by mcmbonu: 12:42pm On May 02, 2020
It has to be on the market trend. That is, demand for it must be relatively high or at least very stable and the competition for it should be minimal.

You don’t necessarily have to have tons of products on your website to be successful in this business model. Your emphasis should be on hot products around a particular niche.

Having a niche store is also good. This will allow you to easily Up-sell and Cross-sell customers with similar or necessity products.

When I mean niche, what I simply mean, is having your store around particular kinds of products. A good example of a niche store is a store around wireless devices.

1 Like

Business / Re: Drop Shipping In Nigeria- Experience, Advice And How To - Nairaland by mcmbonu: 12:41pm On May 02, 2020
Step 1: Choose a Product to Sell
The first step to this is choosing the product you want to sell. Many people are often tempted to start selling anything they can think of. You should have this at the back of your mind that drop shipping is a business.

And like every other business, you need to do thorough research and a business strategy on how to be profitable in your business. One of the ways you can do this is by looking for winning products to sell.

Another thing you should have in mind while choosing your product is that you can’t just start selling any product you see. Try as much as possible to check the demand over-time for such products through the use of Google Trend.

ALSO READ: How To Become A Dropshipper: A Guide For Total Beginners

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Business / Re: Drop Shipping In Nigeria- Experience, Advice And How To - Nairaland by mcmbonu: 12:40pm On May 02, 2020
In addition to this, some payment gateway might require you to have your business register before you can start making use of their services. A good example is Paystack. and Stripe for receiving dollar payment.

That’s that about that. So let’s look at the steps on how to start a successful dropshipping business in Nigeria.

1. Choose a Product to Sell
2. Find a Reliable Supplier
3. Choose a Selling platform.
4. Market your business.
5. Start making money.

1 Like

Business / Re: Drop Shipping In Nigeria- Experience, Advice And How To - Nairaland by mcmbonu: 12:39pm On May 02, 2020
The supplier in turn, make the shipment to your customer. While you and your customer returned home happy.

However, if you are going to be using AliExpress to source for products, you don’t need to contact the seller. All you simply need to do is go ahead and pay for the products and fill your customers’ details on AliExpress as the buyer.

Without questions asked the seller on AliExpress will have the product packaged, processed and shipped to your customer without them knowing it’s from AliExpress.

How to start a dropshipping business in Nigeria with 5 easy steps?

Before we start let me quickly answer some of the frequent questions commonly asked about drop shipping in Nigeria.

1. Do you need to pay tax dropshipping with AliExpress in Nigeria? The answer is NO! Paying of Tax is for residents in the US.

2. Will you pay tax duty on products shipped to Nigeria? Still NO! Whatever amount you are to pay on a product will be clearly written on your supplier website. The shipping cost covers the tax duty.

3. Do you need to register your company as an e-commerce business? The answer is NO and YES! When starting, you don’t necessarily need to register just to save the cost. But when your business starts booming and growing momentum then you should consider registering your business.

My lecture on How to grow your business from zero to selling thousands per month.

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Business / Re: Drop Shipping In Nigeria- Experience, Advice And How To - Nairaland by mcmbonu: 12:37pm On May 02, 2020
What’s drop shipping & how does it work In Nigeria?
In the simplest form dropshipping is selling products without buying or having them.

This is how it works; after you’ve created an online store and added your product to it. When I mean product I mean pictures and descriptions of the product.

This is because you don’t have to have product stock in physical. And after this, once you made your sales, all you have to do is contact your third-party supplier (owner of the product) by sending your customer address and paying the supplier from the initial money paid to you by your customer


ALSO READ: How To Become A Dropshipper: A Guide For Total Beginners

Business / Re: Drop Shipping In Nigeria- Experience, Advice And How To - Nairaland by mcmbonu: 12:35pm On May 02, 2020
In this thread, you’ll learn how to start a dropshipping business in Nigeria from the comfort of your home.

The idea of dropshipping in Nigeria is a great idea, only if you know how to run it successfully. However, the reason I captioned this title as “How to start a dropshipping business in Nigeria” is because it’s a whole lot different scenario when it comes to Nigeria.

how to start a dropshipping business in nigeria
Starting a dropshipping business in Nigeria means you have to think of the payment gateway for your business. Also, you need to know how to deal with suppliers and have your products shipped faster.

What kinds of products should you dropship? And if you’re thinking of dropshipping internationally, then you should be aware whether or not you have to pay tax or register your company.

Lastly, you need to understand if are you going to pay a customs tax on all the product you’re drop shipping in Nigeria especially if you’ll be importing them.


ALSO READ: My lecture on How to grow your business from zero to selling thousands per month.

1 Like

Health / Re: 196 New Cases Of COVID-19 Reported, Total 1728, 307 Discharged, 51 Deaths by mcmbonu: 12:11am On Apr 30, 2020
Good help us
Business / Drop Shipping In Nigeria- Experience, Advice And How To - Nairaland by mcmbonu: 6:05pm On Apr 24, 2020
Hello, Nairalanders.
Dropshipping which is selling products directly from manufacturers/wholesalers without you handling any inventories and physical goods is known to be a profitable business worldwide and has made many, hundreds of thousands and even millions (Am speaking dollars).

The question is, what are the current realities for starting this business in Nigeria? Is the problem of international shipping still an issue, or have time frames for free shipping improved? how long does it take on average?
Do the customers get discouraged by the shipping time?


That's while I wrote an article on

ALSO READ: My Dropshipping Journey From Zero to $10,000 monthly

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Health / Re: 117 New Cases Of #COVID19 Have Been Reported As At 11:25 Pm 21st April by mcmbonu: 11:49pm On Apr 21, 2020
God
Health / Re: 49 New Cases Of COVID-19 Reported, Total 542, Discharged 166, Deaths 19 by mcmbonu: 11:00pm On Apr 18, 2020
God help us
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Good Morning
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Nigerian Leaders are selfish
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Is this Corona situation destroying your 2020

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