Friday, December 20, 2024

The 4 Stages Of Making Money Online With Dropshipping

I don’t blame people who think that I’m lying when I say that I’ve made millions of dollars online through Drop Shipping most of the people who have tried to make money with e-commerce are broke as hell so when people say to you that they’re a drop shipper it could mean they’re still struggling to make their first sale or they’re making upwards of $10 million a year and because of that most people don’t realize how scalable Drop Shipping really is

 

so that’s why in this blog I want to reveal all the different Revenue numbers you’ll hit as a drop shipper that’s just starting out all the way up to someone who’s making millions of dollars every single year through Shopify Drop Shipping stage one is the Drop Shipping New and this is anyone between 0 to $1,000 monthly Revenue this type of drop shipper is just getting started with e-commerce they binge dozens of videos like this one they get flooded with that dopamine and they think eCommerce is going to be much easier than it actually is at this stage there’s a lot of frustration because you’re still figuring out what a winning product is how to build branded stores and how to run your ads the main problem a lot of people in this stage are on a very limited budget usually a couple hundred all the way up to $1,000 or so and with that being said I’ve seen a lot of people resort to free methods of promotion such as Tik Tok organic and reposting to ig reels there’s nothing inherently wrong with either of those methods especially if you’re on a smaller budget.

 

However understand that relying on free traffic to grow versus paid ads is always going to be a bit slower because you’re at Mercy of the algorithm I remember when I was at this stage I felt like I was running in circles I understood the fundamentals like I had a product a store I was running ads but I still couldn’t get a profitable product I was stressing all the wrong details for example I’d spend too much time on a logo or waste time trying to find the perfect color on my store and with the new drop shippers doesn’t realize is that these are all almost irrelevant while the Chad drop shipper they focus on the product offer and ads aka the three elements that will really move the needle so if you want to become a Chad drop shipper the biggest tip is to not quit a lot of people get discouraged here and eventually give up but to those who persevere they’re the ones who reap the True Rewards of Drop Shipping so in short the best way to get out of this stage is to stay consistent think of it like leveling up in a video game before you hit max level you need to put in some hours and grind the same is true for Ecom.

 

if you want to get some profits you need to put in the hours and grind and you can’t quit just cuz a boss or a level is difficult now moving on to stage two the comfortable drop shipper this is anyone making between ,000 to $10,000 per month through e-commerce this type of drop shipper has gotten one or two small winning products already but they lack consistency and have doubts that they won’t be able to find a sixf figure winning product at this stage you are Your Own Worst Enemy the truth is you already know how to find a winner build a store and run ads because you’ve had some small wins already the main problem though is that you start to think there’s some Secret Sauce you’re missing and that causes you to overthink procrastinate and stress all the wrong details I remember being stuck at this stage for what seemed like forever I had already found a few small winning products but I only topped out 1K a day and I thought there was this big secret that these gurus weren’t sharing like I saw all of these wins so I knew it was working I just hadn’t found out how to achieve those results for myself and that magic secret is time the more time I had spent Drop Shipping the more I started to see Trends with winning products the more I started to recognize winning ads and it all compounded day after day and eventually things will just click so if you’re stuck here now I’d say you’ll be here for 6 to 12 months realistically if you’re doing this journey on your own however if you’re in my Discord the Ecom Mafia that can easily be reduced to 3 to 6 months because of the free course and pre-built theme.

 

And if you’re in my mentorship program we can ideally get you there in 1 to 3 months because you’re essentially paying for my years of knowledge to save all that time and frustration in the long run moving on to stage three the Drop Shipping Chad this is anyone making between 10 ,000 to $50,000 in monthly Revenue this type of drop shipper is moderately Advanced with eCommerce they’re consistently hitting 1K plus days about 5 to 10K net profit each month and they’ve probably had a few winning products under their belt at this stage the Drop Shipping Chad has his money printer fired up and he feels Unstoppable making a few K net profit per month however three crucial errors will prevent people at this stage from going any further the first is customer support because you’re shipping from China you’ll start to get a ton of customer emails each day so at this point you’ll probably hire your first virtual assistant to take over email support you must be answering customers quickly because this will help mitigate potential refunds and chargebacks the second crucial mistake is with your Logistics again since we’re shipping from China it’s common to have 12 to 14-day delivery times and that’s not the worst thing ever But realize you need to be fulfilling your orders quickly to avoid any downtime also make sure your supplier is sending out the correct product there’s been so many Ecom horror stories about people who scale to 100K too quickly and had to refund most of the orders because their suppliers sent out a faulty product or an incorrect product so that’s why I’m running autod DS on all my stores they are the best supplier in the game they’re not sponsoring today’s video just a casual mention because they are truly the best and the final crucial mistake preventing you from becoming a Drop Shipping gigachad is your cash flow when you’re scaling a product you’ll be spending up to $1,000 daily on ads and another thousand just to fulfill orders that adds up each day and if you don’t have cash on standby or a credit card you may have to pause your ads while the payouts transfer to your bank or alternatively you can scale at a much lower rate so to get out of this phase you need to understand that your current systems can be improved and that’s what we’ll cover in stage four the Drop Shipping gigachad the gigachad is anyone doing between 50 to $100,000 in monthly Revenue this type of drop shipper has achieved the highest level and has unlocked the ability to print money out of thin air legally at this stage.

 

it’s all about rinsing and repeating your systems to maximize the profit for each product and then you move on to the next product and do it all over again the gigachad leaves no dollar left behind keep in mind at this point you’re getting hundreds of thousands of website visitors each month so it’s important that we’re tracking every small detail to optimize our stores as much as possible so the first optimization is with email and SMS flows essentially anytime a customer adds to cart but doesn’t purchase we will email and text them a small discount code to recover that order and get some bonus revenue on average email and SMS can contribute up to 10 to 30%  in bonus Revenue which is literally free money in your pocket that you would have otherwise missed secondly we’re no longer only selling on Tik Tok ads instead we have Omni Channel marketing to take advantage of not only Tik Tok but also meta ads Instagram ads and in some cases even Google or SnapChat ads this will let us widen our net and in most cases double to Triple our Revenue with very minimal work at this level as well you’re beginning to operate like a proper brand so you’ll have more than just one General VA to help with customer emails you’ll now have a full-time Editor to help with ad creatives you’ll have a finance team to help manage cash flow and you’ll have a media buyer to help run and scale your ads each day your main role at this point is to strictly focus on increasing revenue and making sure your store in business is profitable the biggest tip when you’re at this level is to not get distracted a lot of people acquire some money and start becoming a degenerate instead of doubling down on what has work for them this entire time so those are the four stages of making money online with Drop Shipping regardless of whatever stage you want to get to whether it’s the comfortable drop shipper making a few k a month the Drop Shipping Chad making 5 to 10K net profit a month or the Drop Shipping gigachad crushing 100K plus months I can help you get there so if you want to learn how to make $5 to $15,000 per month as a drop shipper then I got you stop stressing about which products to sell how to run and scale your ads and how to make product pages that way you’ll never have to waste another dollar on paid ads again.

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