Monday, December 23, 2024

$0 to $1,000 Dropshipping Challenge Blog

I’m going to be testing how fast I can make $1,000 Drop Shipping I’m going to be showing you exactly what I’m doing how I’m doing it and giving you everything you need to know to make $11,000 as fast as possible

 

so for the product we’ll be using the weekly winning product sheet from my Discord every week we dropped 10 winning products that you can drop ship and the one product that really stuck out to me was this red light therapy hairbrush the hair loss industry is huge and this product offers a quick cost effective solution to fix thinning hair now before we ever decide to sell a product there are three crucial pillars we need to check off proof of concept A supplier and existing content have to be available for proof of concept both red light therapy and hair loss are already proven audiences for women so that one is pretty simple to check off now for the supplier all we have to do is search red light therapy brush on AliExpress and right here if we scroll a little bit we can see the exact product that we were looking for now you never want to click the very first link what you should do is compare the different product listings because each of them is going to have a lower price and this one in particular cost $12.20 so very low cost of goods and there’s free shipping.

 

so now we can import this product from AliExpress onto our store let’s copy that link go to autods then we can click add product add a single product and paste the AliExpress link right here and just like that we can publish the product to our store it’ll take like 30 seconds so now the product is on our store and if a customer were to purchase from us we can then ship that product out to the customer through autods so autods is essentially the supplier we fulfill all the orders through them let’s get back to the store and real quick if you don’t have a Shopify store yet no worries because you can claim a free AI store using my link down below all you need to do is pick a niche of your choice and within seconds you will have a fully custom Shopify store that you can start selling from so we validated proof of concept and found a credible supplier the final thing we need to do is verify that this product has existing content online now Min makes this extremely simple so you can get started with the free trial here again all the links relevant to the video are in the description down below so let’s get signed in and this magic search feature makes it extremely easy to find content for this product so we can click this little camera icon and we can upload any picture of the product into Menia and it will show us all the competitors for this product now this seems to be makeup related okay after a little scrolling I think we found it so here’s the same product we’re looking for and we can click see more inside of here we have the option to download their video for inspiration of course which is one good indicator there’s content for this product but we can also pull up their product page and see how they’re structuring things so they have have very nice product photos it shows the product in use highlights the benefits I would like to see it on somebody you know actually showing a before and after up front uh for their offer they selling one of these For $52.

 

then scrolling down they have a good gift here another good visual the description seems pretty simple so far they do have uh some nice features like a before and after to show how the product works some good reviews at the bottom and that is it it’s a little spammy here they got this random ass old dude so I have a few ideas for how I want to structure the store but this is definitely a good sign alternatively we can come to the product search too red light therapy brush and immediately we have one competitor right here and remember we can click see more and look at the other ads they’re actually running these don’t have many 8 – 50 views but the important thing to note is that yes there is indeed content available for this product and if you guys haven’t used Mina yet I will have the link down below there is a free trial now that was the boring part we can officially get our store pimped out prepare some ad creatives and then launch our Tik Tok ads for the product photos I recommend using four to seven images you want to mix between lifestyle photos benefits before and afters Etc and before we start the description I like to quickly tweak the price so remember our cost of goods are like $12 for this product.

 

I’m thinking we sell this for $34.95 charge $2.95 shipping on the back end and that’ll give us $25 profit margins now for this description you guys know I keep it simple we used our chat GPT prompt tweaked it a little bit copied it over centered it made the headlines bold added a gift in an image and this page was looking pretty good however we were not done yet because we need to change the colors to something a bit more branded and I also made this page its own template and added a how it works tab educate the customer just a bit more and the final thing we need are some reviews so we installed the Luke’s reviews app went over to AliExpress and we imported some reviews over with that taken care of though the last thing we need are our ad creatives so I found 10 videos with this product from Mina in the Tik Tok search bar and I put together three masterpieces inside of cap cut and with that being said it’s finally time to launch our ads we’re going to start with a $50 CBO one ad group inside and then our three Masterpiece videos inside of there if you want to check out the full setup I’ll have a card here maybe it’s here that’s it for now guys we have our three videos ready to go live tomorrow you can see the timer on the screen now how long we’ve been working.

 

so far I’m going to let these ads run for the full day and then I’ll check back in tomorrow evening hopefully some good news yo what is up so it’s currently the next day and right now we are up to two orders for $758 checking out our ads of the three videos we tested only this top video ended up being profitable every $11 that we were spending on this top video we were generating a sale and I ended up turning off these bottom two because this middle one right here only had one add to cart for $18 ad spend whereas the winning ad had eight ad to carts so this middle one just wasn’t that good then this third ad had zero add to cards and it had the most expensive cost per click so I shut this third video off and going into tomorrow we’re only going to run this top video but we’re also going to launch a second campaign only featuring this top video as well and we’re going to run those two campaigns side by side that way we can spend a little more money on what we already know is working and a quick profit loss check before we log off so two orders $758 remember we spent $50 on ads and we need to ship that product out to the customer so after all expenses we were left with3 today however no no worries because we have the winning ad and tomorrow should be profitable so it is the next morning about 11:00 a.m.

 

right now and we’re currently up to five orders for the day a little over $200 in Revenue so so far things are looking pretty good and checking out the ads there’s only two things you need to know the first is that this top campaign is getting one purchase for every $7 we spend and then the bottom campaign is getting one purchase for every $11 we spent in other words the money printer is fired up and there’s one thing we can do to make this even more effective and that is simply doubling the budget from 50 to $100 now I’m only doing this because we have multiple purchases on our store so by increasing the budget to $1100 Tik Tok is going to be forced to spend more of our money and hopefully we get some more sales in return and checking out the profit loss so far today we have our five orders $214 in revenue and after all expenses ads product Etc we’ve made about $100 for the day so far so not too bad for 11:00 a.m.

 

on Thursday morning so it’s officially 1: p.m. and I’m back with an afternoon check-in so far we are up to $542 with 13 orders now since last time two main things the first is we up the budget again this time to $250 because sales were just flowing in and secondly our cost per purchase is a few dollars higher now than it was earlier on in the day and other than that like I’m going just let the ads keep spending since we are currently so profitable I’m going up this again to $500 the thing is when profits are there and you have multiple sales you got to have the courage and you got to have some balls actually spend your money think about it if we’re trying to make 1K in a day we got to spend at least a few hundred on ads and real quick checking out the profit so far we’re up to $163 for the day which is pretty good and we are halfway to our goal of $1,000 so it’s 1:00 p.m. halfway through the day we have a few more hours to go and things are looking promising I’m going to let the ad spend a little more,

 

I’ll check back in tonight yo what up guys it’s currently the evening and right now our store is up to $1,479 in Revenue we actually hit 35 orders and there’s still another hour or two left in the day checking out the ads there are two things we did the first is i u the budget on this top campaign to $11,000 because it was just pumping sales and then I actually turned off this bottom campaign because if we look at our cost per purchase this had doubled and it was no longer profitable therefore I only wanted to spend money on this top one because the cost per purchase was very profitable and checking out the profit loss for this challenge I think we actually hit 1K earlier in the afternoon I actually got a little bit Sidetrack but 37 orders over the last 2 days $1,555 in Revenue but after running ads shipping product diot transaction fees we are left with $377  which isn’t bad for the first 2 days on a new Shopify store as you can see it doesn’t take much time to make $1,000 Drop Shipping if you follow everything like I did in this video I’ve done this hundreds of times by now and you can see the results I’ve been able to get from checking out the other videos on my channel and I truly believe that if you follow all of the steps that I’ve laid out in my videos that you’ll find success in Drop Shipping as fast if not faster than what you saw today but of course there are going to be bottlenecks in the process like finding the right product creating a branded store most importantly scaling your ass so you can face all of these on your own and get through them after trial and error or you can apply to have me Mentor you take the shortcut to finding success with Drop Shipping and finally hit those 5 to 15K days.

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