294: How to Start an Online Store with No Ideas and No Inventory (and still sell $300k in your first year)


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Rene Delgado started an online drop shipping store with no ideas and no inventory and went from $0-300k in sales in his first year in business.

It was the search for an extra stream of income that led Rene Delgado to consider e-commerce; selling physical products online.

Drop shipping” is a form of e-commerce where your suppliers ship products directly to customers on your behalf.

Your role is to drive traffic to your storefront, forward the purchase order details to your supplier when a visitor makes a purchase, collecting the retail price and buying the goods at wholesale.

Rene went through a very specific product research process and ended up starting BounceHouseStore.com, where he sells bounce houses and other products related to bounce houses.

He’s already started scaling his business on the success of his bounce house store. Rene has now outsourced the day-to-day operations of this store and started a new drop shipping store that has already turned over double what his bounce house did in its first year.

There’s no luck here. “It’s hard work,” Rene said. That and some careful planning and execution.

Tune in to hear why Rene was attracted to drop shipping, the criteria he used to find the bounce house niche, and how he generated $300k of sales in his first year in business.

Free Bonus: Download Rene’s Top Tips For Starting and Running a Drop-Shipping Business

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Inside you'll find all of Rene's top tips for starting a profitable drop shipping business from scratch.

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Learn:

  • Why Rene decided to start a drop shipping store.
  • The criteria he uses to find drop shipping-friendly niches.
  • How he finds drop shipping suppliers.
  • How he separates himself from large competitors like Amazon and Walmart.
  • The tools and software he uses to power his online store.
  • How he drives paid and organic traffic to his store.
  • How he’s outsourced the day-to-day running of his store and freed up time to focus on a new drop shipping store.
  • Rene’s #1 tip for Side Hustle Nation.

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Links and Resources

Podcast Highlight Reel Cover 250

Download the Free PDF Highlight Reel

Inside you'll find all of Rene's top tips for starting a profitable drop shipping business from scratch.

Sweet!
Where should I sent Rene's top tips from this episode?

I'll also send you my best side hustle tips and weekly-ish newsletter.
Opt-out anytime.

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Nick Loper

About the Author

Nick Loper is a side hustle expert who loves helping people earn more money and start businesses they care about. He hosts the award-winning Side Hustle Show, where he's interviewed over 500 successful entrepreneurs, and is the bestselling author of Buy Buttons, The Side Hustle, and $1,000 100 Ways.

His work has been featured in The New York Times, Entrepreneur, Forbes, TIME, Newsweek, Business Insider, MSN, Yahoo Finance, The Los Angeles Times, The San Francisco Chronicle, The Financial Times, Bankrate, Hubspot, Ahrefs, Shopify, Investopedia, VICE, Vox, Mashable, ChooseFI, Bigger Pockets, The Penny Hoarder, GoBankingRates, and more.

5 thoughts on “294: How to Start an Online Store with No Ideas and No Inventory (and still sell $300k in your first year)”

  1. Rene this is very cool I am starting a dropship store to a couple if question what then did you use? How did you drive traffic do you pay for traffic?

    Thank you

    Reply
  2. Great episode, thanks gents! The link to download the Highlight Reel pdf doesn’t seem to be working. It just opens a new tab for the same link. Would it be possible to have that emailed to me please?

    Reply

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