How to Start a Drop Servicing Business: Make Money Online Without any Skill
It’s one of the hottest business to make money online these days, even without any special skill than what you already know. It somehow works like a referral or affiliate marketing business but kind of different.
In this blog post, I will show you the nitty-gritty of what you need to know about running a profitable drop servicing business in Nigeria or anywhere in the world.
But before we get into it, let’s me introduce you to the business.
What is Drop Service?
This is the act of getting a service offer or job, and you hire someone to do it while you earn your own profit or commission.
Simply as that!
Let’s say you get a job to design a flier or banner (that cost $50), and you don’t know how to design anything, you can simply look for a graphics designer to do and you pay him or her about $30.
Then you get the final project from the graphics designer and deliver to the client.
You’ve just made $20… congratulations!
That’s just the simple concept of drop servicing business.
How Does Drop Servicing Business Works?
As explained above, drop servicing is simply by bridging the gap between the client and the freelancer who will do the job.
Note: You don’t connect, but you bridge or cover the gap between them.
The client believe you know how to do the job, he gave you the task, then you turn yourself to project manager and you get someone to do and finish up the task.
If you are familiar with drop shipping, you will notice that they’re of the similar but not the same concept.
Let’s talk about it.
Drop Servicing Vs. Drop Shipping: The Difference
Drop servicing business work more like Drop Shipping.
The difference between them is that Drop servicing deal with “SERVICES” and Drop shipping deal with “PRODUCTS”.
PRODUCTS involves physical shipping etc., but SERVICE doesn’t require that.
Although, you can do the same business digitally (on the internet).
But Drop shipping is not as fast as Drop Servicing when it comes to its versatilities. Why?
Because drop servicing business deals with hot services that business owners need to push their business forward. While in drop shipping, people might not necessary be interested in the products.
Now that we are understanding, let’s talk about top services you can sell in drop servicing, then we will talk about how you can start a profitable drop servicing business wherever you are.
Hot Services to Sell or Render in Drop Servicing Business
- Web Design and Development
- UI/UX Design
- Graphics Design
- SEO Management
- Content Writing
- Copy Writing
- Social Media Management
- Virtual Assistance
And so on.
The question you may want to ask is;
Is Drop Servicing a lucrative business?
YES! Drop service or drop servicing business is a very lucrative business.
I would have said it’s a lazy way to make money online without any skill, but not really because you’re still going to do the job in getting clients who need the service.
The best thing about this business is that, you can run it on your smartphone even if you don’t have a laptop and it is 100% online. So you don’t need to quite your job or drop out of school (happy?).
Personally, I’ve done this business before and it really paid off.
Although, I have the skillset to get some projects done, but there are things I don’t know but that will never stop me from taking the job from a client.
For Instance, I’m a web developer.
If a client said he need a website, I can handle that but If he says he need a logo for the website, I will still take the job though I’m not a graphics designer.
But I will outsource the job somewhere and ensure I make my profit from it.
You as a person, you can do the same…
You don’t necessarily need to know much about the service, just get someone who can do it.
I know people who make millions from this simple drop servicing business model and yours will not be strange or difficult.
Someone asked a question about this business, he said;
Is Drop Servicing Business Legal?
What do you think?
Drop Servicing business is 100% legal. In fact, it’s going to become a big industry very soon.
It’s a skill on its own, because hiring a talent to handle a project is not easy at all, but for you to get a job from a client, and get it delivered to him, there’s nothing wrong in that.
All you need to do is to be honest, don’t be greedy.
Now, let’s talk about starting, shall we?
How to Start a Profitable Drop Servicing Business
· Choose a niche
I’m not going to talk too much on this.
Choosing a niche is the first thing you need to do before you can delve into drop servicing business.
What is a niche?
Simply put, a niche is an area you want to focus on. Or a place you can be found anytime, any day.
In this case, a niche is a SERVICE you want to specialize on.
A SERVICE. Remember you’re just starting out, so I will recommend you choose a service that is hot in demand as your niche for now.
It can be web design, product design, graphics design, content writing or whatever service you know that people need the most. Please do your research on this.
Note again, you don’t necessarily need to know anything about the service for now, just ensure it is hot!
· Do your research on the niche
Okay, you’ve chose a niche, right?
The next thing is to sharpen your cutlass a little bit.
Let’s say you chose “Web Design” as a preferred service you want to render, you need to take a book and go to Google.com to do some research on “How to get web design job”.
Although the results might be a little bit tense or technical but don’t worry, you just need the theory, someone will do the actual job.
The reason for the research is to be aware of possible questions clients may ask from you.
Let me give you a clear template of the research you need to do;
- What are the requirements to do this (website, logo etc.)?
- How many days will it take me to do this…?
- What’s the minimum cost of completing this project?
- Do the requirements involve payment? If yes, how much?
Those are the basic thing you need to research on.
Let me take web design again.
Web design will require something that you must buy before you can build any website. This includes the hosting, domain, theme and logo.
Just do you research to know how much those thing cost, because this will help you to charge your client wisely.
In case you don’t really get it, the next point will help you.
· Look for talents
This is the most crucial part of drop service and you need to be careful and smart at this, if you really want to launch a profitable drop servicing business.
Go online and look for those who are selling that service and make friend with them.
Maybe you want to be rendering Graphics design as a drop service, look for graphics designers.
Talk to them, ask them about the charges to make different designs and note them down.
If they tell you they charge N50,000 for a logo, note it down and you can tell your client that you charge N70,000 for a logo.
You’ll negotiate for sure and maybe agreed of N65,000.
You can now go back and hire that graphics designer, pay him N50k and you hold the N15k profit.
I was just using that as an example though.
What I’m saying is that you should make sure you have those skilled people who will handle the job at hard.
Even if a client asks you a difficult question, just copy the question and ask the talents.
So, look for talents either on social media or anywhere you can find them.
Note: Tell them you’re going to be giving them projects, so they should give you discount.