There are many different ways to make money online. You can start a blog, create an online course, or even dropship products.
But, when it comes to blogging vs dropshipping, which is the best option for you?
And, which one has the potential to be most profitable?
In this blog post, you’ll learn:
- The difference between blogging vs dropshipping
- The pros, cons, and potential profitability for each
- Examples of successful blogs and dropshipping websites
- 11 amazing reasons to start an online business
- 41 best small business ideas for women in 2023
- 107 profitable digital products to sell on Etsy
What is Blogging?
Blogging is essentially a website or webpage that contains informational content. You can have a business blog with is connected to a website that sells products or services. Alternatively, you can simply have an informational website that’s packed with guides and resources.
While blogging used to be a hobby, blogs in the present day are ultimately businesses. You can set up a website, build content, and establish a loyal audience – I like to call this website ‘digital real estate’ – as you can grow and sell a website just like you would a physical asset.
How easy is it to get started?
It’s super easy to start a blog and you only need a minimal investment to begin.
To start a professional blog, all you require is a domain name and web hosting. With my exclusive code, you can start a blog for as little as $2.70 per month – less than the price of a cup of coffee.
The most challenging part of blogging is creating content and building an audience – this is where you need to learn SEO to help your content rank highly in search engine results pages (SERPs).
How much money can you make from blogging?
It really depends on how much time and effort you put into blogging.
If you’re just posting sporadically, you’re not likely to make much money. But if you treat blogging as a business and put in the time and effort to grow your audience and produce quality content, you can make a brilliant income from it.
The great thing about blogging with that there are many ways to make money from it. You can make money from your blog via digital ads, sponsorships, affiliate marketing, selling services, or selling digital products and courses. You could even set up an eCommerce store selling physical products too.
The amount of money you can make really depends on how many people are reading your blog and how engaged they are with your content.
Some people make thousands from their blogs every month – here’s one blog income report showing just that.
If you’re serious about making money from blogging, treat it like a business, and invest the time and effort required to grow your audience and create quality content. With a little dedication, you can start earning a good income from your website.
Examples of successful blogs
Here are some examples of successful blogs in a wide variety of niches.
Into The Gloss – a beauty blog that birthed the Glossier makeup and skincare brand.
Temptalia – beauty review website
Apartment therapy – interiors and lifestyle blog
A Beautiful Mess – crafts and DIY blog
Making Sense of Cents – personal finance blog
Pros and cons of blogging
The advantages of blogging
If you’re thinking about starting a blog, you might be wondering what the advantages are.
Blogging can be a great way to connect with people, share your thoughts and ideas, and build a platform for your business or personal brand.
Here are some of the top advantages of blogging:
1. Reach a Wide Audience
One of the best things about blogging is that it gives you a platform to reach a wide audience. With a blog, you can share your thoughts and ideas with the world.
2. Connect with People
Blogging can be a great way to connect with people – whether that’s those who comment on your blog or who follow you on social media.
3. Build Your Business or Personal Brand
A blog can be a great way to build your business or personal brand. You can attract leads and build relationships with other businesses or influencers in your industry.
4. Make Money
Many bloggers make money through their blogs. You don’t need to be a well-known blogger to make money either. If you start an email list as early as possible you don’t have to rely so much on organic traffic.
5. Learn New Skills
Blogging is a brilliant way to learn new skills. You’ll get to develop your writing, communication, and marketing skills – all from starting a blog.
6. Help Others
Blogging can be a great way to help others. When you blog, you can share your knowledge and experience with the world, and you can help people who are searching for a specific topic.
The disadvantages of blogging
Blogging is a popular way to earn money. But, while there are many advantages to starting a blog, there are also some disadvantages that should be considered.
1. It Takes Time
One of the main disadvantages of blogging is that it can take up a lot of time. If you are not careful, you can easily find yourself spending hours upon hours writing and editing posts. This can be especially problematic if you are already struggling to find enough time to balance work, family, and other obligations.
2. It’s Difficult to Stand Out
Another potential downside to blogging is that it can be difficult to stand out in the crowded online space. With millions of blogs already out there, it can be tough to get your voice heard. This can be frustrating, especially if you are putting a lot of time and effort into your blog.
3. You Need To Be In It For The Long Haul
Depending on your niche, it can take time to build an audience. Blogging isn’t a get-rich-quick scheme – you need to have lots of patience and consistency. If you stick with it, the rewards can be substantial – I’m proof of this as I’ve built a career in copywriting, sold websites, and I’m building several other websites – and it all started from a little hobby blog.
What is Dropshipping?
Dropshipping is a type of eCommerce business where you sell products without having to carry any inventory.
You simply partner with a dropshipping supplier who will ship products directly to your customers. This can be a great business model as it’s relatively easy to set up and you don’t need a lot of money to get started in comparison to buying stock and storing it yourself.
How easy is it to get started?
Is dropshipping worth getting into?
In many ways, dropshipping is easy to get started.
When a customer places an order on your store, the order is then forwarded to the supplier/dropshipping fulfilment center which ships the products directly to the customer.
You’ll need money to set up a website, and the cash to pay for the product once a customer makes a purchase from you.
As you don’t need to carry inventory, you don’t need to buy stock upfront. Some people also do eBay dropshipping, amazon dropshipping, and Facebook marketplace dropshipping. That means they sell the product directly on eBay, Amazon, or Facebook. However, eBay doesn’t allow dropshippers so if you get caught, your account can be suspended.
The hardest part about dropshipping is finding a supplier who is going to stock and ship the product for you. Many people have used AliExpress but with shipping delays, this is no longer as easy as it sounds, especially as people may have to wait weeks or months to receive their orders.
How much money can you make from dropshipping?
How much money you can make from dropshipping depends on a few factors, such as the niche you choose, the products you sell, your marketing efforts, and the quality of your dropshipping supplier.
The top dropshipping stores are making 6 and 7 figures.
If you choose a niche with high demand and low competition, sell products that have a high profit margin, and market your business effectively, you can make a lot of money from dropshipping. However, with the wrong product, you could end up losing money.
Examples of successful dropshipping websites
Here are some examples of successful dropshipping websites.
Best Choice Products – general dropshipping store
Notebook Therapy – Japanese stationery
Burga – stylish phone accessories
Pros and cons of dropshipping
The pros of dropshipping
Dropshipping is a great option for entrepreneurs who are looking to set up their own businesses with little up-front investment. Here are some of the main advantages of dropshipping:
1. Low startup cost
One of the biggest advantages of dropshipping is that it requires very little up-front investment. You don’t need to purchase inventory upfront, so you can start your business with very little money.
2. No need for a physical store
Since you don’t need to purchase inventory upfront, you don’t need to worry about renting or maintaining a physical store.
3. Flexible location
Since you don’t need a physical store, you can run your business from anywhere, and do it in your own time.
Dropshipping is a very scalable business model. You can easily start small and grow your business as demand increases.
The cons of dropshipping
As with any type of business model, dropshipping has its disadvantages, including:
1. It’s not passive income
Dropshipping isn’t a hands-off business model. Dropshipping businesses require constant attention and management, such as customer service.
2. No control over the product or service
Because you’re not manufacturing the product yourself, you have to rely on the supplier to provide a quality product and ship it quickly. If they don’t, it reflects poorly on your business.
3. It’s a risky business model
With dropshipping, you’re relying on a third-party supplier, so there’s always the possibility that they could go out of business or stop carrying the product you want to sell.
4. It’s hard to grow your store
Unless you’re paying for ads, it’s super difficult to grow your store. Many other stores will also be selling the same products as you, so not only is it difficult to stand out, but you’ll also have to get eyes on your product. You could try social media but there’s no guarantee that people will want what you are selling.
Blogging vs dropshipping: Which is better?
Blogging vs dropshipping – which model is better for 2023?
Blogging vs dropshipping are both viable ways of making money online. However, dropshipping is much more saturated and difficult to scale.
If you want to build a long-term business with the potential to make a full-time income, then blogging is the best option. Once your website is getting traffic, you could easily add a dropshipping store to it – this would maximize your income.
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