💻Join My FREE Online-Event: The Best-Kept Secret To A Profitable Online Shop: https://dropshipunlocked.com/online-event

Get your copy of Lewis’ new book - The Home-Turf Advantage ➡️ http://htabook.com?el=podcast 

🗣 In this episode of the Dropship Unlocked Podcast, hosts Lewis Smith and James Eardley delve into the often overlooked and underestimated costs of starting and running a dropshipping business in the UK. 

They share their experiences and insights to help newcomers prepare for the financial commitments involved.

👉 Prefer to watch this on Youtube? Check it out here  ➡️  https://youtu.be/c3RHr9GDcHo?si=Az7UFDVIg-OwNZyg 

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Topics Discussed:

★ Basic Setup Costs: The hosts discuss the fundamental costs required to set up a dropshipping business.

★ Operational Costs: Lewis and James talk about the running costs of a dropshipping business.

★ Marketing Budgets: Marketing is a critical aspect of dropshipping success. The hosts share their experiences and advice on budgeting for marketing campaigns.

★ Hidden Costs and 'Ignorance Cost': Lewis discusses the hidden costs that arise due to a lack of knowledge and education.

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Links and Resources Mentioned:

For Aspiring Business Owners or Side Hustle Seekers Based In the UK…

New Book Reveals How To Launch A Low-Maintenance High-Profit E-Commerce Business Using The UK "Home-Turf Advantage”…

While also enjoying more time with your family, being free to travel, and setting the hours you work.

Click here to get your copy >>> http://htabook.com?el=podcast 

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Links and Resources Mentioned:

Get Shopify for £1 a month for 3 months: https://www.dropshipunlocked.com/shopify 

Get a free trial with a professional phone line: https://www.dropshipunlocked.com/circle 

What Dropshipping Gurus Won't Tell You (Dropship Unlocked Podcast Episode 25): https://youtu.be/-LMHfUCGAa0?si=_hws9gzEJvbOFcYT 

Over the shoulder, step-by-step training ➽ https://www.dropshipunlocked.com/training?el=podcast

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Key Takeaways:

★ Understanding the true costs of starting and running a dropshipping business is crucial for newcomers to set realistic expectations.

★ Basic setup costs include platform fees, domain registration, and other essential tools.

★ Budgeting for marketing is essential, but beginners should start with small budgets, especially for paid campaigns like Google Ads.

★ The largest hidden cost in entrepreneurship can be an "ignorance cost." Investing in education upfront can save entrepreneurs significant money and stress in the long run.

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• Youtube: https://www.youtube.com/c/dropshipunlockedlewissmith 
• Website: https://www.dropshipunlocked.com/

Thank you for listening to the Dropship Unlocked Podcast! Don't forget to subscribe and leave a review on your favourite podcast platform.

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