💰HOW MUCH MONEY REALLY TO START LAZADA AND SHOPEE DROPSHIPPING BUSINESS? | Dropshipmme .

💰HOW MUCH MONEY REALLY TO START LAZADA AND SHOPEE DROPSHIPPING BUSINESS?

💰HOW MUCH MONEY REALLY TO START LAZADA AND SHOPEE DROPSHIPPING BUSINESS?

💰HOW MUCH MONEY REALLY TO START LAZADA AND SHOPEE DROPSHIPPING BUSINESS?

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The Real Cost of Starting Up A Lazada/Shopee Dropshippinh Business In Malaysia

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Hei guys ,alot of people misunderstand about the dropship business model .So , I want to create this video to clear things off.
So , people very often asked me , Weng , I thought that dropshipping with shopee and lazada is free ??
Now lets dive in .

I have made tonnes of video on how does actually shopee and lazada dropshiping process works , so I am not going to talk about the details over here , just go to any of my video and you will get to learn it.

So , people very often asked me , Weng , I thought that dropshipping with shopee and lazada is free ??

Well , no it is not!

In fact dropshipping business model itself is not a ZERO cost start up at all .
I know that alot of gurus out there claim that dropshipping is a zero cost start up blah blah blah , and then buy my course at $399 and make me rich .

Do not get cheated please!

So , let me list out all the potential costs that you need to start a local dropshipping business which is using shopee and lazada
So now , lets get started.
First thing first.
The process of drophipping will be
Have a lazada/shopee account TO sync with CB TO when people buy your products TO you buy from CB TO and CB ship for you .

So , lazada/shopee account is free , sync with CB is free ,but when people buy from you , you need to first folk out the money to buy from CB , and this is not free .
The fact is that , when your customer pay you , you will not directly get the money into your bank acount , where you can use it to buy products from Chinabrands .The money will keep in shopee wallet ,and after buyer when confirm that he/she has received the product through clicking on “Order Received” or once Shopee Guarantee period ends then only you will get your money . So , you have to use your own money to buy the products from Chinabrands first.

For example , if you get 5 orders of shoes and each of this shoes cost you $20 in Chinabrands . So need to use your own money $100 to buy from chinabrands first , and then get back your money after buyer whenconfirm that he/she has received the product through clicking on “Order Received” or once Shopee Guarantee period ends and that might be after 2 – 3 weeks due to the long shipping period with chinabrands .

So you do need money to start your shopee or lazada drpshipping business.

You might wana ask , so weng , how much do I need to allocate to start up a lazada/shopee dropshipping business?
Well I started off with $250 .It really depends on what you are selling ,how much is the cost and also how fast is your business turn over. If you are new , you will not get much sales on the first 4 weeks it self , so 250$ will definitely be enough.

I hope that this clear up some confusion around you guys . I have created a full a-z tutorial on how you can start your shopee dropshipping business check it out , it should show up around this screen here.That is it for now .remember to subscribe to my youtube channel.

. my name is weng honn.Thanks for your support.

 

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