Prosper Affiliate Marketing

Prosper Affiliate Marketing

Dropshipping Business Chapter 6: Getting Set Up

  

Dropshipping Business


Chapter 6: Getting Set Up

Chapter 6: Getting Set Up - Prosper Affiliate Marketing

Before you get started, you’ll need a few things to be in order. For example, you will need a business license, tax ID number, and potentially corporate or LLC documentation to prove you are a legitimate company that is truly seeking a business relationship rather than an individual looking to buy stuff for their personal needs at wholesale prices.

You will probably want to start building some credit for your company as soon as possible because this will allow you to get NET 30 payment terms, which means you will be able to pay for merchandise 30 days after the initial order.

Until then, you might want to front some money into an account with your drop shipper in the event they have minimum orders. For example, if they require a $300 minimum order, and your average order is only

$50, you could put $300 into your account to meet their minimum and have products shipped as needed. This is often enough for companies that have a minimum order requirement.

You could also wait until you have $300 worth of orders and submit them all at once, but if you’re just getting started and not getting a lot of orders, this could delay shipments to customers so long that they get tired of waiting and ask for a refund.

You’ll also need a domain name and a Shopify account. Your domain name should be as short as possible, catchy, and memorable. Forget having keywords in your domain. That doesn’t work as well as it used to

for SEO purposes, and it will make it harder for your customers to remember your website later.

Instead, try to find something your customers will remember. Think of some of the most interesting brand names you can, and use those as examples.

Here are some examples:

  • Nike (their company isn’t named Cool Athletic Shoes)
  • Chipotle (not known as Fresh Tex-Mex Food)
  • Coca-Cola (not called Sugary Carbonated Beverage)
  • Dominos (they aren’t called Hot Pizza Delivered)

Your shop needs a great name, so it’s worth the time to think of a really cool brand name and get a nice logo created for it.

Here is a checklist of things you’ll need before you begin:


Getting Set Up
  • Business license
  • Business structure (such as LLC or corporation)
  • Tax ID number (you can request an EIN online from the IRS)
  • Business checking account (not personal)
  • Paypal account (to accept payments)
  • Business credit card or debit card (for making payments)
  • Business telephone number
  • Business email (ideally @yourdomain.com)
  • Shopify account
  • Domain name

When you’re ready to set up your store, you can check out Shopify’s easy instructions to help you get started.

>> https://help.shopify.com/

You’ll find all the instructions you need to set up your shop at that link, and you’ll be happy to find out that it’s incredibly easy to set up and manage your shop! Most people can get a simple store set up on a weekend, and even if you plan on offering several hundred products, it should take you more than a few days to add everything to your store.

For domain registration, NameCheap is a great option. They are affordable and have great customer service. Don’t forget to Google their latest coupon! They have a new one each month and it will save you a little money on every domain you buy.

>> https://www.bluehost.com/

>> http://www.namecheap.com


Checkout simple diagram of starting - Affiliate Marketing 


Checkout more courses and help resources - Prosper Affiliate Marketing  


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