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Is Dropshipping Passive Income?
Last modified: March 19, 2023
Some people are looking at different ways that they can earn passive income from their computers. One of the most commonly cited methods that people say is passive is dropshipping. But is dropshipping passive income? Let’s explore that and see what happens.
What is Passive Income?
The technical term for passive income is that it is money that is earned without any active involvement in the earning of the money. Many things can be considered for passive income that you might not this are passive. For instance, earnings from rental properties and there are more well-known options like those who build affiliate marketing sites.
When it comes to eCommerce, many people don’t count this as passive income because you have to package items, market items and more. However, with dropshipping, the method has been turned around.
The Arguments for Dropshipping being Passive Income
There are numerous arguments for dropshipping being passive income for your teams. For one, there is very little involvement once you set up your website on Shopify and import your products. You can leave your website running and do very little. It is important to note that the definition of passive income doesn’t mean no involvement but rather little involvement.
Therefore, the fact that most of the activities on your website from social media to email marketing can be automated on your website really does lend itself to ensuring passive income. There are lots of apps that allow you to auto-post on Facebook, Twitter and other channels. There are also automated email marketing apps, that can help you build better revenues.
In addition, you don’t have to do much to fulfill orders. Most apps have a system where you can click on the orders that need to be completed and you select another button to process them.
Therefore, you can really put in little effort when it comes to passive income.
Does this Mean you Can Earn Money without any Work?
Technically speaking, passive income doesn’t mean that you’re not doing any work. It just means that you’re taking less time to earn more money. Which sounds really good on paper. However, the dropshipping success stories that are out there always talk about putting in hundreds of hours to make their website work.
Why? Because they need to put in the extra time to ensure their marketing is at its best. And although there are many apps, like PushOwl that can help you automate a lot of features, there is still the need to be involved, it is just you can work smarter and not harder.
Final Word: Is Dropshipping Passive Income?
Is dropshipping passive income? Yes, it is, but that doesn’t mean that you can do no work. You should still be doing at least 3-4 hours of work a day to ensure the success of your business. Otherwise, you will not get the earnings that you want for a good lifestyle.