Dropshipping is expected to bring in USD 557.9 billion in sales by 2025. With this much money expected to come in, it’s easy to see why people want to work in this field.
Not only is there a chance of making money from it, but there are also ways for even beginners to get started.
Buying a dropshipping store is one of these.
This ultimate FAQ guide will tell you everything you need to know about pre-made dropshipping stores. So, if you want to buy one, you shouldn’t skip any parts.
Let’s get to it.
Can You Buy a Dropshipping Store?
Yes, you can.
Since dropshipping businesses became popular, more and more people have seen that they can make a lot of money with this type of business.
But you need more than money to start a dropshipping business from scratch. At the very least, you need to have enough time and knowledge to build a website and make sure it has everything a dropshipping store needs to be successful.
And the truth is that not many people who want to start their own business have the skills or the time to do all this work.
So, a market for dropshipping stores that are already set up.
When Should You Buy a Dropshipping Store?
Starting from scratch can be scary and time-consuming, especially if you want to start an online business. But on the other hand, businesses that do well have worked hard too.
This doesn’t mean that getting a head start is a bad idea. For example, you could buy a dropshipping store that is already up and running.
There is still some disagreement about whether it’s better to make your dropshipping website from scratch or buy one that’s already set up.
If you’re not sure, here are two things to think about if you want to buy a store:
You Already Have Background Knowledge
One of the main reasons why experienced dropshippers still tell new business owners to start from scratch is that they can learn a lot by doing the groundwork.
Putting together a site
Being hands-on helps you learn, which is very important when it comes to dropshipping. Nothing beats what you’ve learned on your own, whether it’s about marketing or running a website.
If you already know how dropshipping works and have enough experience, buying a store that is already set up will save you a lot of time.
You Know How to Increase Traffic
One problem you might face is how to keep or even increase the number of people who visit your site. If you buy a dropshipping store that is already set up, it already has traffic. All you have to do is get more people to visit it.
When buying a dropshipping store, you should at least have to know how to get more traffic.
This also means that you need to know what brings people to your website and where they are coming from.
Don’t forget that you have to pay for this product. You could lose everything you’ve put into it if you don’t know how to make it grow.
Why Should You Buy a Dropshipping Store?
You should think about buying a dropshipping store for more than just the obvious benefit of not having to start from scratch with everything.
Here are a few examples:
There are already a lot of dropshipping stores that make a lot of money. This makes you wonder why the owners even want to sell them.
But putting those things aside, it’s clear that these websites have found their place in the market and have been making money for a long time.
Taking over these businesses won’t always make you money right away, but it will give you a lot of time to learn about the business and use its reputation to your advantage.
Saves Your Energy
Starting any kind of business can be tiring, and dropshipping is no exception.
Some of the things you need to do to make a lot of money are research, building the website, and getting people to visit it.
Making a profit
You can avoid wasting energy on failures if you buy a store. You will have more time to try out products besides the ones you already have to see which ones work.
In short, you can focus on making sales from day one.
Speeds Up the Process
A ready-made store speeds up the process.
You don’t have to spend months making the website and building your brand. If you know how, you’re automatically at the point where you can start selling products and making money.
All you have to do is find the right place to buy it and have enough money.
Where Can You Buy Pre-made Dropshipping Stores?
Most of the time, there are two ways to buy a dropshipping store.
The first is a private exchange, and the second is through online marketplaces.
Some business owners put their dropshipping stores up for sale, which is one of the easiest and safest ways to buy a store.
On the other hand, you can also contact established online stores to see if they are interested in selling. But this might not always have a happy ending.
In the end, if you want to buy from a private exchange, you will need clear agreements to make sure that the ownership transfer goes smoothly.
You can also buy from online marketplaces, which is another option.
There are a lot of online stores that sell “turnkey” dropshipping websites. These are e-commerce sites that are already set up to work as a dropshipping business. These stores also sell products that have already been loaded and are ready to buy.
How Much Do Dropshipping Stores Cost?
Most of the time, dropshipping stores cost between $150 and millions of dollars.
Simple websites and websites that aren’t very popular are on the cheaper end, while websites that are already popular and making money can move into the million-dollar range.
Prices of Dropshipping Stores
But the success of a website does not depend on how much it costs.
At the end of the day, you have to look closely at the website you want to buy to make sure it has everything it needs to be successful, if it isn’t already.
What to Consider Before Buying a Dropshipping Store?
Once you’ve decided to buy a dropshipping store, you need to decide how you’ll choose the right one.
It will cost money because it is an investment. You need to be sure that your money won’t be wasted.
Here are the main things to think about when buying a store:
Reason behind Sale
First, you should ask the site’s owners why they are selling it. If you know why they sold the website, you can tell if it’s still in good shape or not.
People often put their websites up for sale for personal reasons or because something big happened in their lives. Some people just do this as a business.
But some people sell their website because it has problems. This is what you should try to avoid. But keep in mind that this kind of seller might not tell you everything.
That’s a sign that you should look into other parts of the sale.
Think about the technical design of the website you want to buy. Customers today are picky about how a website looks overall, and it can even make or break a deal.
This includes things like the back-end, checkout, themes, and codes. If you don’t know enough about these things, ask someone for help.
If you’re going to buy something, make sure it doesn’t need major changes. If it does, you’ll end up spending more than you should.
Store Traffic and Revenue
The store’s current state has a big effect on how much it costs.
Even though not all pre-made dropshipping stores have a lot of website traffic, it is still important for you to know what is going on with it.
Store Customers and Sales
Find out where the traffic is coming from and decide if you can keep it up or even grow it after the sale.
Before you invest, you should have a clear idea of how much money it will cost to keep this ready-made e-commerce website running and bring people to it.
Do a thorough background check on your finances if you want to buy a thousand-dollar website. Check to see if your monthly income is enough to cover your costs.
This is also important information that lets you know how much money should be spent to make the same amount of money as they have been.
Current Products and Suppliers
Businesses can be successful, but they can also fail at any time. Check the current products and suppliers and figure out how they could grow and make you money.
Compare these to the size and direction of the market right now. Will the business be around in a few months?
You can also use tools for product research to find out what products are popular and which suppliers you can trust.
To buy a dropshipping store that is already set up, you need more than just money. It’s best to have some experience and skills so that you don’t ruin the business.
Once you’ve decided to buy a store, there are a few things to think about, such as the technical design and the current products and suppliers.