How Much Does It Cost to Start Dropshipping in 2023?

Are you considering starting your own dropshipping business but unsure how much all the costs will be?

You’re not alone.

With so many factors to consider, it can be hard to calculate dropshipping startup costs.

In this article, we aim to give you an honest look into the cost of starting dropshipping in 2023.

Ready to dive in?

What are the different costs of starting a dropshipping business?

When starting your dropshipping business, you have to account for a range of costs, including:

• Startup costs like business registration
• Shopify-related costs like apps, monthly plans, and themes
• Setting up your dropshipping store
• Payment processor fees with platforms like PayPal
• Fees of the dropshipping supplier, like Spocket
• Domain and hosting costs
• Any advertising expenses

Let’s go through each of the above and see how much the expenses are.

This can help you plan your own dropshipping startup budget!

Breakdown of the total cost for starting dropshipping in 2023

If you want to see a detailed overview of the total costs involved when starting a dropshipping business, take a look at the following sections:

1. Business startup costs. Startup costs range from $132 to $320.
2. Ecommerce platform costs. Shopify costs range from $39 to $439 a month.
3. Domain name costs. Domain name costs range from $8 to $20 per year.
4. Creating your dropshipping store costs. Creating a dropshipping store costs from $0 to $440 per store.
5. Product research costs. Product research costs range from $0 to $39 a month.
6. Advertisement costs. Advertisement costs range from $0 to $4,000 a month.
7. Supplier costs. Supplier costs range from $0 to $40 per month.

So, how much does that end up being in total?

Let’s break the costs down:

• One-time costs. Before you can start dropshipping, you can expect to pay between $150 and $700 to register your business, buy a domain, and build your store. If you do all of this yourself, you can make…