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Selling Online Without Inventory-You Can Start Today

Posted on August 26, 2019August 27, 2019 by Marla
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You can start selling online without inventory starting today. Keep reading if you want to learn how.

I am going to show you two ways you can start selling online, and both can be very profitable, with very little startup costs.

Here Are Two Ways To Sell Online Without Inventory

  • Affiliate Marketing
  • Drop Shipping

There are more ways, but I do know these both work, since this is how I make my earnings online.

I have never had any inventory to manage or any costs that are involved with carrying an inventory. Let me show you the benefits of selling online without inventory and then I will explain in more detail the difference between affiliate marketing and drop shipping to help you find the path that will work best for you.

Benefits Of Selling Online With No Inventory

Low Start-up Costs – you can start a website completely free or with very low monthly costs. Drop shipping will cost you more to start than a website does. You can expect that starting a drop shipping business to cost you around $1000, but this is still much cheaper than purchasing a bunch of inventory and then needing a place to store the inventory.

Quick To Get Started – Waiting to receive inventory, or to manufacture your own inventory takes time. You can get a website started the same day that you decide you want to create a website, and setting up a drop shipping business can be done in just a few days.

No Warehouse Or Storage Unit – With both a website and drop shipping, you will be selling someone else’s product, so there is no need to rent space to store inventory. Renting space to store your inventory can get costly very quickly. You can also lose money if your inventory becomes obsolete or isn’t selling.

Millions Of Products To Choose From – Anything that you can think of, is available to sell through a website. If you have a certain area of expertise or if you are willing to learn about new products, you be able to find a program that will allow you to sell it online. Just check out the Amazon site to get an idea of everything that is available.

You can sell household products, furniture, credit cards, electronics, classes, digital products, memberships and so much more. Your hardest decision will be choosing what you want to focus on with all the choices that are available.

Drawbacks To Selling With No Inventory

  • No control to when items ship.
  • No direct contact with customers.
  • No control on quality control.

How To Sell Online As A Marketing Affiliate

When you are a marketing affiliate, you are recommending and sending your readers to a different website to purchase directly from the supplier. The supplier could be Amazon, Walmart or just about anyone you can think of probably has an affiliate program.

You will be assigned an affiliate code that is unique to you that will track sales that are made through the links that you provide your readers. Your goal is to get your readers to follow your links to your affiliate pages and purchase some products.

You will receive a commission from what they purchase.

Beginners to marketing affiliate can find more information on how you can make money from a blog.

The cost for developing a website is very low. You will need a domain name, which you can usually purchase for between $13 to $16 per year. You will also need web hosting, which will cost you starting at $3.95 per month from BlueHost.

You could also join Wealthy Affiliate, which is a community of affiliate marketers that provides training and everything that you need to develop a website. They do provide free domain names, but you can also purchase a domain name directly through them when you are ready.

Whichever route you choose, the costs are probably less than $100 per year to develop your website.

How To Sell Online With Drop Shipping

If you decide that you want to create a business around drop shipping, that is another option to selling online without inventory.

I would still recommend creating a website to gain traffic for your business, but drop shipping does differ from being a marketing affiliate. A marketing affiliate is never making any money transactions. When you drop ship, you are.

Drop shipping means that you have a source that is providing you will products, but your readers would purchase directly from you. You would then purchase the products from your supplier, and they would directly ship the products to your customers.

You would be collecting the money from your customers and in turn, you would be paying your supplier directly. The profit that you would make would be the markup you add to your costs.

To set up a drop shipping business, I would recommend either setting up an account with Shopify or add a plugin to your website called WooCommerce.

You can set up a Shopify Store for around $29 per month. The WooCommerce plugin is free to all to a WordPress websites.

Having a website set up is the best way to get traffic to your store. Otherwise, you will need a fairly large budget to run ads on FaceBook or Google.

Important Skills To Learn For Success

  • How to get free traffic to your website or store.
  • How to get paid traffic to your website or store.
  • How to sell products with copywriting.

Free traffic to your website is obviously the best. There are methods to use to help you rank higher in search engines like Google, Yahoo and Bing. It is important to learn how you can get free organic traffic.

Paid traffic can be beneficial as well, but if you don’t know what you are doing with paid traffic, you can end up spending lots of money before you know it. There are some great YouTube videos that can help you with FaceBook Ads or Google Adwords that you should look at before spending your money.

If you are good at copywriting, you will be good at selling with your words, and your words are what makes you your money. The most successful websites are great at copywriting. You might want to look for some copywriting books to help you be more successful.

Review

Selling online without inventory is much easier than you might have thought. My first choice would be becoming a marketing affiliate. The start up costs are very low and you can get started immediately and have a website developed and start publishing to it within 1 day.

I do recommend having some resources available to help you with some of the challenges that you might come across. The best resource that I have found was the Wealthy Affiliate Community. They can provide you with all the tools and information that you will need to create a website.

Take a look at Wealthy Affiliate today, and have your website started by tonight.

If you have any questions or comments, please leave them below and I will get back with you. You can follow momsmakingmoneyathome.com on Pinterest, Linkedin, FaceBook or Twitter for all the latest updates.

Thanks for reading and good luck to you.

~Marla

Some of the links within this post are affiliate links of which I might receive a small compensation from sales of certain items.

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6 thoughts on “Selling Online Without Inventory-You Can Start Today”

  1. Edward says:
    August 27, 2019 at 9:40 am

    Thanks for this great article. You can start an online business with hardly any start-up costs with something like wealthy affiliate and then make sales without even needing to have any inventory. It is very doable and I’ve heard of people making $10,000 a month or more.

    I think it’s a great idea to try the wealthy affiliate free membership for anyone who is thinking of starting an online business. There is a lot of good stuff to learn in the free membership. I went to premium within the first week and got a ton of value out of the $20 that I spent. I made more money than I paid and I am continuing to build my online business. Great website thanks!

    Reply
    1. Marla says:
      August 27, 2019 at 12:44 pm

      Thanks for reading and for your input.  I have not yet gotten to the point of making $10,000 per month, but I am working to that goal and believe it is achievable if I just keep at it.  

      I also joined Wealthy Affiliate free membership and started the training right away, created a free website and within a week, realized that there was so much information available from Wealthy Affiliate and decided to join the premium membership 6 days into my training.  I have no regrets, and the money I spent to go to a premium membership is completely covered with the earnings my website provides.  

      Reply
  2. Henderson says:
    August 27, 2019 at 9:45 am

    Yes, I agree that selling products online without the aid of an inventory is easier and I do mine via affiliate marketing where all you do is recommend people with a hop link. The cons you have written are the only reasons why sometimes customers might question a source but as long as the products are credible, there is no problem. It is a great way to make money and I am also a member of wealthy affiliate. This is a good educative post here. Awesome!

    Reply
    1. Marla says:
      August 27, 2019 at 12:46 pm

      I feel the risk of purchasing inventory, the cost of storing the inventory and the added work involved with shipping the product out is more scarey than having a website that directs my readers to purchasing the product directly.  

      I am only 1 person, and if I had to take care of all of the other steps of the product itself, I wouldn’t have time to promote any products.  

      Reply
  3. JJ says:
    August 27, 2019 at 9:46 am

    Thank you for these explanations. Working from home is an ideal for many of us moms. From your descriptions of how these work, I think I would be more comfortable with affiliate marketing. It must be a risk dealing with products and I always wonder how does one deal with unsatisfied customers. Can you suggest any way we can find affiliate marketing companies so we can work with the products which have some meaning to us? I am going to start up an affiliate marketing program. With a little discipline and some training it seems quite easy. Thanks again !

    Reply
    1. Marla says:
      August 27, 2019 at 12:39 pm

      Probably the easiest affiliate program to get set up with is Amazon and the number of products that they have available is so great.  I recommend searching the topic that you are interested in within Google.  Type the following example in the search bar without the quotation markets.  “Nutritional Supplements + Affiliate”  You will see what affiliate programs are available, and can apply to the ones that interest you the most.  

      Reply

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