$500K Shopify Dropshipping Store Case Study
Published on: December 6 2022 by Shri Kanase
$500K Shopify Dropshipping Store Case Study
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Table of Contents About $500K Shopify Dropshipping Store Case Study
$500K Shopify Dropshipping Store Case Study
startTime | durationTime | text |
00:00:00 | 00:00:05 | yo what is going on everybody shriek |
00:00:02 | 00:00:07 | canasa here so $500,000 drop shipping |
00:00:05 | 00:00:10 | case study and that to within five |
00:00:07 | 00:00:12 | months now the year of 2020 has been a |
00:00:10 | 00:00:14 | very very strange year especially |
00:00:12 | 00:00:15 | because of what's going on in the world |
00:00:14 | 00:00:18 | right now and with so many businesses |
00:00:15 | 00:00:19 | getting affected directly because a lot |
00:00:18 | 00:00:21 | of people do believe that because of |
00:00:19 | 00:00:22 | what's going on in the world right now |
00:00:21 | 00:00:24 | people really wouldn't want to be |
00:00:22 | 00:00:26 | wasting their money many people in |
00:00:24 | 00:00:27 | business actually thought that this is |
00:00:26 | 00:00:30 | not the right time to get into business |
00:00:27 | 00:00:31 | or this is the perfect time to stop |
00:00:30 | 00:00:33 | trying if they were trying to do drop |
00:00:31 | 00:00:36 | shipping so this video is really gonna |
00:00:33 | 00:00:37 | be a big eye-opener for a lot of those |
00:00:36 | 00:00:39 | people who thought that in 2020 |
00:00:37 | 00:00:42 | you really can't drop ship any more |
00:00:39 | 00:00:44 | because this specific case study is done |
00:00:42 | 00:00:46 | on a drop shipping store meaning this is |
00:00:44 | 00:00:48 | 100% dropship I literally had no |
00:00:46 | 00:00:50 | inventory that I was shipping out from a |
00:00:48 | 00:00:51 | US warehouse or my own house for that |
00:00:50 | 00:00:53 | matter but I don't want to waste any |
00:00:51 | 00:00:55 | more time let's jump right into this |
00:00:53 | 00:00:57 | case study and found out exactly how I |
00:00:55 | 00:00:59 | was able to do it so before actually |
00:00:57 | 00:01:01 | going into the actual strategies and |
00:00:59 | 00:01:03 | everything I did for this specific store |
00:01:01 | 00:01:05 | I want to go ahead and take you guys |
00:01:03 | 00:01:07 | over to order metrics for this specific |
00:01:05 | 00:01:08 | store and show you the real numbers |
00:01:07 | 00:01:10 | because I personally believe in |
00:01:08 | 00:01:12 | transparency and I want to I'll be |
00:01:10 | 00:01:14 | always transparent with you guys and |
00:01:12 | 00:01:16 | just for that if you do just gently tap |
00:01:14 | 00:01:17 | that like button down below I'll really |
00:01:16 | 00:01:19 | appreciate it but coming on to specific |
00:01:17 | 00:01:21 | order metrics as you guys can see |
00:01:19 | 00:01:24 | currently I have chosen January 1st of |
00:01:21 | 00:01:25 | 2020 to June 30th and to kind of show |
00:01:24 | 00:01:27 | that this is real I'm going to go ahead |
00:01:25 | 00:01:29 | and refresh this page for you guys so |
00:01:27 | 00:01:30 | god you guys can definitely see that |
00:01:29 | 00:01:33 | this is specifically real so as you can |
00:01:30 | 00:01:35 | see from June 17th of July 1st this |
00:01:33 | 00:01:37 | specific store has done roughly $35,000 |
00:01:35 | 00:01:39 | but if we go ahead and go back to |
00:01:37 | 00:01:41 | specifically January 1st and then go |
00:01:39 | 00:01:43 | back to June 30th we can see that this |
00:01:41 | 00:01:46 | specific store within that time frame |
00:01:43 | 00:01:47 | has done roughly five hundred seventeen |
00:01:46 | 00:01:50 | thousand five hundred ninety five |
00:01:47 | 00:01:52 | dollars with a cost of goods of roughly |
00:01:50 | 00:01:53 | three hundred thousand dollars but what |
00:01:52 | 00:01:55 | I want to show you guys is the overall |
00:01:53 | 00:01:57 | net profit without yet calculating the |
00:01:55 | 00:01:59 | ad spend so as you can see roughly we |
00:01:57 | 00:02:00 | can see that around two hundred thousand |
00:01:59 | 00:02:03 | dollars maybe even one hundred ninety |
00:02:00 | 00:02:04 | five thousand dollars is net profit and |
00:02:03 | 00:02:06 | don't worry I'm gonna go over the real |
00:02:04 | 00:02:08 | numbers with advertising spend and all |
00:02:06 | 00:02:10 | of that stuff soon but I just wanted to |
00:02:08 | 00:02:12 | go over order metrics with you guys for |
00:02:10 | 00:02:13 | this specific store Before we jump into |
00:02:12 | 00:02:14 | the actual |
00:02:13 | 00:02:16 | and everything so now let's go ahead and |
00:02:14 | 00:02:18 | go on over to the Google Doc to go over |
00:02:16 | 00:02:20 | the specific strategies but again before |
00:02:18 | 00:02:22 | diving into the strategies I want to go |
00:02:20 | 00:02:24 | in and tok about the specific |
00:02:22 | 00:02:26 | advertising spend and exactly how much |
00:02:24 | 00:02:28 | is the net profit I kept inside my |
00:02:26 | 00:02:30 | pocket so as you guys saw a profit |
00:02:28 | 00:02:32 | before ad spent on order metrics as well |
00:02:30 | 00:02:33 | roughly we can say about a hundred |
00:02:32 | 00:02:36 | ninety five thousand considering the |
00:02:33 | 00:02:38 | Returns refund etc but if we calculate |
00:02:36 | 00:02:39 | the ad spin an ad spend was roughly |
00:02:38 | 00:02:41 | seventy five thousand dollars for that |
00:02:39 | 00:02:44 | specific time frame it comes down to |
00:02:41 | 00:02:46 | roughly $120,000 this is approximately |
00:02:44 | 00:02:48 | before taxes what I kept inside my |
00:02:46 | 00:02:50 | pocket but now they've kind of cleared |
00:02:48 | 00:02:52 | up the numbers to show you guys real |
00:02:50 | 00:02:54 | data regarding this specific store let's |
00:02:52 | 00:02:56 | start toking about the specific |
00:02:54 | 00:02:58 | strategies I used to make this such a |
00:02:56 | 00:03:00 | big success within such a time period of |
00:02:58 | 00:03:02 | where a lot of people didn't even have a |
00:03:00 | 00:03:03 | job or they weren't really sure where |
00:03:02 | 00:03:05 | their business was going so let's start |
00:03:03 | 00:03:07 | off by toking about advertising exactly |
00:03:05 | 00:03:09 | where was it spending my money the most |
00:03:07 | 00:03:11 | so ninety-eight percent of my |
00:03:09 | 00:03:13 | advertising spend basically almost all |
00:03:11 | 00:03:15 | of that seventy-five thousand dollars |
00:03:13 | 00:03:16 | was going towards Google Ads and I'm |
00:03:15 | 00:03:17 | gonna be toking more about the |
00:03:16 | 00:03:20 | strategies I use for each of these |
00:03:17 | 00:03:22 | advertising platforms but for Google as |
00:03:20 | 00:03:24 | I was using both shopping ads as well as |
00:03:22 | 00:03:26 | search and so now I have a lot of videos |
00:03:24 | 00:03:27 | on Google ads on my channel which you |
00:03:26 | 00:03:29 | can check out I'll leave some links in |
00:03:27 | 00:03:32 | the description below but half a percent |
00:03:29 | 00:03:34 | of sales actually came from Bing ads and |
00:03:32 | 00:03:35 | I'm no real expert with Bing ads as of |
00:03:34 | 00:03:37 | yet which is why I haven't really made |
00:03:35 | 00:03:40 | any videos on that but half a percent of |
00:03:37 | 00:03:42 | $500,000 is still a lot of money and in |
00:03:40 | 00:03:44 | my opinion Bing ads is very very |
00:03:42 | 00:03:47 | unsaturated and the perfect platform to |
00:03:44 | 00:03:50 | be trying out in 2020 and onwards but |
00:03:47 | 00:03:52 | 1.5 percent meaning the rest of the |
00:03:50 | 00:03:54 | sales came from Facebook retargeting now |
00:03:52 | 00:03:56 | I did use some Facebook Ads to test new |
00:03:54 | 00:03:57 | products but overall it wasn't such a |
00:03:56 | 00:03:58 | big success |
00:03:57 | 00:04:00 | because majority of the success was |
00:03:58 | 00:04:02 | coming from Google as well as Bing and |
00:04:00 | 00:04:04 | also via Facebook guys retargeting so I |
00:04:02 | 00:04:05 | was spending most amount of money on |
00:04:04 | 00:04:07 | Facebook with the retargeting |
00:04:05 | 00:04:09 | specifically but along with advertising |
00:04:07 | 00:04:12 | exactly how had I laid out my website |
00:04:09 | 00:04:14 | because let's face it without a proper |
00:04:12 | 00:04:16 | website and a proper web site layouts |
00:04:14 | 00:04:17 | you really limit your chances of finding |
00:04:16 | 00:04:19 | any success and it doesn't matter |
00:04:17 | 00:04:21 | whether you just drop shipping or run an |
00:04:19 | 00:04:23 | actual brand so how was it laying out my |
00:04:21 | 00:04:25 | specific website exactly what I was |
00:04:23 | 00:04:25 | doing so to kind of illustrate this I |
00:04:25 | 00:04:28 | have found |
00:04:25 | 00:04:30 | a specific website and this is couples |
00:04:28 | 00:04:32 | choices calm but this website is almost |
00:04:30 | 00:04:34 | larly what I was personally doing on my |
00:04:32 | 00:04:36 | own website and why I was able to |
00:04:34 | 00:04:38 | achieve such a big amount of success in |
00:04:36 | 00:04:39 | such a short period of time so let's |
00:04:38 | 00:04:42 | kind of go on over to couples choices |
00:04:39 | 00:04:44 | calm to go over their specific website |
00:04:42 | 00:04:46 | and see exactly what I was doing as well |
00:04:44 | 00:04:48 | that can be related to this website so |
00:04:46 | 00:04:49 | right when we land on couples choices |
00:04:48 | 00:04:51 | there is one thing that we see and that |
00:04:49 | 00:04:53 | is the overuse of this Pacific color |
00:04:51 | 00:04:55 | it's like a light pink color the main |
00:04:53 | 00:04:57 | reason why I'm specifically toking |
00:04:55 | 00:04:58 | about the color is because big web sites |
00:04:57 | 00:05:01 | especially those that are really really |
00:04:58 | 00:05:03 | successful including myself have one |
00:05:01 | 00:05:05 | specific general color scheme and they |
00:05:03 | 00:05:07 | stik through it throughout the specific |
00:05:05 | 00:05:09 | website so as you can see this specific |
00:05:07 | 00:05:11 | light pink color is repeated throughout |
00:05:09 | 00:05:13 | the websites meaning for the banner |
00:05:11 | 00:05:15 | image for the pricing as well for the |
00:05:13 | 00:05:17 | specific button so this website is |
00:05:15 | 00:05:19 | clearly laid out very very well and it |
00:05:17 | 00:05:21 | has a thorough look to it simply because |
00:05:19 | 00:05:23 | of the color scheme and that color |
00:05:21 | 00:05:25 | scheme again is repeated on almost every |
00:05:23 | 00:05:26 | single page on this website so this is |
00:05:25 | 00:05:28 | also one specific thing I have on my |
00:05:26 | 00:05:30 | website as well and I personally think |
00:05:28 | 00:05:33 | this contributes to a lot of my success |
00:05:30 | 00:05:35 | because people love consistency any time |
00:05:33 | 00:05:37 | they see inconsistency or feel |
00:05:35 | 00:05:39 | inconsistency within their lives they |
00:05:37 | 00:05:42 | start to panic and they start to kind of |
00:05:39 | 00:05:44 | want consistency again and having a one |
00:05:42 | 00:05:46 | specific color scheme really helps with |
00:05:44 | 00:05:47 | that but in addition to that right below |
00:05:46 | 00:05:49 | the banner page and as you guys can see |
00:05:47 | 00:05:51 | the banner image has very very high |
00:05:49 | 00:05:53 | quality specific images of their |
00:05:51 | 00:05:55 | products but right below the banner page |
00:05:53 | 00:05:57 | they have a section called shop our |
00:05:55 | 00:05:59 | bestsellers a lot of people don't really |
00:05:57 | 00:06:01 | pay attention to their homepage at all |
00:05:59 | 00:06:03 | but I believe a lot of your sales can be |
00:06:01 | 00:06:05 | made on your homepage especially if you |
00:06:03 | 00:06:06 | put your best selling products up here |
00:06:05 | 00:06:08 | so that's exactly what couple choices |
00:06:06 | 00:06:10 | does and that is exactly what I did on |
00:06:08 | 00:06:12 | my website as well but if you scroll all |
00:06:10 | 00:06:13 | the way down we can see that right below |
00:06:12 | 00:06:15 | that section there's the collection |
00:06:13 | 00:06:17 | section again I'm going over these |
00:06:15 | 00:06:19 | specific things specifically because |
00:06:17 | 00:06:21 | this website layout is what works and it |
00:06:19 | 00:06:23 | is what I personally did to achieve |
00:06:21 | 00:06:25 | $500,000 in sales as well but right |
00:06:23 | 00:06:26 | below that they have the specific email |
00:06:25 | 00:06:28 | section where people can just enter |
00:06:26 | 00:06:29 | their email to get a discount or |
00:06:28 | 00:06:31 | something like that so that's their |
00:06:29 | 00:06:33 | overall layout for the specific homepage |
00:06:31 | 00:06:35 | now if you go on to the most important |
00:06:33 | 00:06:37 | pages which is of course the product |
00:06:35 | 00:06:39 | page we can see a lot of unique things |
00:06:37 | 00:06:40 | on this specific web |
00:06:39 | 00:06:42 | product pages which is also what I |
00:06:40 | 00:06:44 | personally have done on my website as |
00:06:42 | 00:06:45 | well but on their specific product page |
00:06:44 | 00:06:47 | first of all we see that they have a |
00:06:45 | 00:06:48 | very unique way of telling the specific |
00:06:47 | 00:06:50 | prizes first of all right below the |
00:06:48 | 00:06:52 | prizes that are directly saying exactly |
00:06:50 | 00:06:54 | what a customer can expect and nowadays |
00:06:52 | 00:06:56 | this is super important as well to have |
00:06:54 | 00:06:58 | on your product pages in fact in the |
00:06:56 | 00:06:59 | last video I made I mentioned that |
00:06:58 | 00:07:01 | instead of having something like this |
00:06:59 | 00:07:03 | you can put a specific text under the |
00:07:01 | 00:07:05 | prize which says you save X amount of |
00:07:03 | 00:07:07 | dollars so in this case they could have |
00:07:05 | 00:07:09 | put you save $20 and that would have |
00:07:07 | 00:07:10 | worked perfectly as well but that is one |
00:07:09 | 00:07:12 | thing you want to be having on your |
00:07:10 | 00:07:14 | product page as well that could lead to |
00:07:12 | 00:07:16 | a lot of extra sales but this specific |
00:07:14 | 00:07:18 | website has a timer which I really don't |
00:07:16 | 00:07:20 | recommend so that's one thing I don't |
00:07:18 | 00:07:22 | like about couples choices but below |
00:07:20 | 00:07:23 | that they have a very very clear at cart |
00:07:22 | 00:07:26 | button which also says the pricing of |
00:07:23 | 00:07:27 | the product and they have a checkout |
00:07:26 | 00:07:29 | trust badge right below that now the |
00:07:27 | 00:07:31 | main reason why I would personally have |
00:07:29 | 00:07:32 | a checkout batch like this assembly |
00:07:31 | 00:07:34 | because this looks very very |
00:07:32 | 00:07:36 | professional and it really matches with |
00:07:34 | 00:07:38 | their overall color scheme a lot of |
00:07:36 | 00:07:40 | specific dropshipping stores nowadays |
00:07:38 | 00:07:42 | have those big checkout trust badges |
00:07:40 | 00:07:44 | where it really doesn't match anything |
00:07:42 | 00:07:46 | on their website and it just looks very |
00:07:44 | 00:07:47 | very unprofessional so if you have |
00:07:46 | 00:07:49 | something like that I highly recommend |
00:07:47 | 00:07:51 | you just get rid of that and have no |
00:07:49 | 00:07:53 | trust badge at all but if you can't find |
00:07:51 | 00:07:55 | a specific trust badge like couples |
00:07:53 | 00:07:56 | choices did which can actually kind of |
00:07:55 | 00:07:58 | blend in and make everything look 10 |
00:07:56 | 00:07:59 | times more professional you should |
00:07:58 | 00:08:02 | definitely have that and I personally do |
00:07:59 | 00:08:03 | have a trust badge on my own website as |
00:08:02 | 00:08:05 | well but it's not something like this in |
00:08:03 | 00:08:07 | fact it is very very different from the |
00:08:05 | 00:08:08 | general population but right below that |
00:08:07 | 00:08:10 | they have a very very unique specific |
00:08:08 | 00:08:12 | description related to this product and |
00:08:10 | 00:08:13 | if you continue scrolling down we can |
00:08:12 | 00:08:15 | see that on the left side they also have |
00:08:13 | 00:08:17 | a size chart as well as the shipping |
00:08:15 | 00:08:19 | guide so these specific columns really |
00:08:17 | 00:08:19 | aren't that necessary but if you have |
00:08:19 | 00:08:22 | them |
00:08:19 | 00:08:23 | they definitely increase in sales and if |
00:08:22 | 00:08:24 | you scroll all the way down we can see |
00:08:23 | 00:08:27 | that they have very very high quality |
00:08:24 | 00:08:28 | reviews and this is also one thing I |
00:08:27 | 00:08:30 | personally believe helped me achieve |
00:08:28 | 00:08:33 | those $500,000 in sales and that is |
00:08:30 | 00:08:35 | having reviews with clear photos of the |
00:08:33 | 00:08:37 | product nowadays if there's specific |
00:08:35 | 00:08:39 | photos directly assigned to the reviews |
00:08:37 | 00:08:42 | it really helps people and potential |
00:08:39 | 00:08:43 | customers trust you more and want to buy |
00:08:42 | 00:08:45 | from you because let's face it if a |
00:08:43 | 00:08:47 | potential customer can directly see |
00:08:45 | 00:08:49 | somebody else wearing the product or |
00:08:47 | 00:08:51 | using the product there are 10 times |
00:08:49 | 00:08:53 | more likely to trust you and also |
00:08:51 | 00:08:55 | believe that you are a real company |
00:08:53 | 00:08:57 | if your reviews all they say is great |
00:08:55 | 00:08:59 | amazing excellent nobody's really gonna |
00:08:57 | 00:09:01 | be trusting that in 2020 and onwards so |
00:08:59 | 00:09:03 | these kinds of reviews is something I |
00:09:01 | 00:09:05 | definitely recommend and also something |
00:09:03 | 00:09:07 | I have on my store as well but now that |
00:09:05 | 00:09:08 | we've covered the product page let's go |
00:09:07 | 00:09:10 | ahead and go onto the cart page because |
00:09:08 | 00:09:12 | this specific website again has a very |
00:09:10 | 00:09:13 | very interesting cart page so first |
00:09:12 | 00:09:16 | things first you see that this is a |
00:09:13 | 00:09:18 | cards drawer not a real card page but on |
00:09:16 | 00:09:20 | the card drawer they're using a lot of |
00:09:18 | 00:09:22 | specific tikniques which I mentioned on |
00:09:20 | 00:09:23 | my videos as well first of all they have |
00:09:22 | 00:09:26 | this specific timer over here which says |
00:09:23 | 00:09:28 | your order is reserved for X amount of |
00:09:26 | 00:09:29 | minutes instead of having a timer on the |
00:09:28 | 00:09:31 | product page this is nowadays what I |
00:09:29 | 00:09:33 | recommend that you have it just simply |
00:09:31 | 00:09:35 | put a timer on the card drawer or your |
00:09:33 | 00:09:36 | card page so that it kind of adds a |
00:09:35 | 00:09:38 | little bit more scarcity but in addition |
00:09:36 | 00:09:40 | to that you can have a trust badge like |
00:09:38 | 00:09:41 | couples choices does over here right |
00:09:40 | 00:09:44 | below the checkout button because that |
00:09:41 | 00:09:46 | really helps add the additional factor |
00:09:44 | 00:09:48 | of trust but overall very very clean |
00:09:46 | 00:09:49 | card drawer you can also achieve the |
00:09:48 | 00:09:51 | same results with just a simple card |
00:09:49 | 00:09:53 | page and on this specific case study |
00:09:51 | 00:09:54 | store I did simply use a card page |
00:09:53 | 00:09:56 | instead of having card drawer but with a |
00:09:54 | 00:09:58 | very very similar layout now if you go |
00:09:56 | 00:09:59 | ahead and go into the checkout page we |
00:09:58 | 00:10:02 | can see that again |
00:09:59 | 00:10:02 | couples choices finds a way to stand out |
00:10:02 | 00:10:03 | of the crowd |
00:10:02 | 00:10:05 | the first way they stand out of the |
00:10:03 | 00:10:07 | crowd is by having a trust badge right |
00:10:05 | 00:10:09 | at the very top this is something I also |
00:10:07 | 00:10:11 | recommend it in one of my most recent |
00:10:09 | 00:10:13 | videos you want to have a trust badge |
00:10:11 | 00:10:15 | along with your logo at the very top to |
00:10:13 | 00:10:17 | add a trust on the checkout page because |
00:10:15 | 00:10:19 | this is where people are making their |
00:10:17 | 00:10:20 | decisions of whether they really want to |
00:10:19 | 00:10:21 | take out their credit card or not I |
00:10:20 | 00:10:23 | personally believe that couple choices |
00:10:21 | 00:10:25 | really overdid it with the timer because |
00:10:23 | 00:10:26 | they have another timer over here I |
00:10:25 | 00:10:29 | don't recommend that you have too many |
00:10:26 | 00:10:31 | timers in fact on my case study store I |
00:10:29 | 00:10:33 | only have one timer and that is on the |
00:10:31 | 00:10:34 | card page itself nowhere else but one |
00:10:33 | 00:10:36 | thing they did really well is that they |
00:10:34 | 00:10:38 | put this specific text right here which |
00:10:36 | 00:10:40 | really helps add again that trust factor |
00:10:38 | 00:10:42 | that people need to continue wanting to |
00:10:40 | 00:10:44 | buy from me but overall these are the |
00:10:42 | 00:10:45 | main pages which I really wanted to go |
00:10:44 | 00:10:47 | over because these make the biggest |
00:10:45 | 00:10:49 | impact and this is exactly how I have |
00:10:47 | 00:10:51 | personally laid out this specific |
00:10:49 | 00:10:52 | dropshipping store as well but now that |
00:10:51 | 00:10:54 | we have toked about the specific |
00:10:52 | 00:10:56 | website layout let's start toking about |
00:10:54 | 00:10:58 | products because without the proper |
00:10:56 | 00:10:59 | products it doesn't really matter what |
00:10:58 | 00:11:00 | kind of website you have it doesn't |
00:10:59 | 00:11:02 | matter how much money you spend on ads |
00:11:00 | 00:11:04 | it's really not kind of work so when it |
00:11:02 | 00:11:05 | comes to specifically the products again |
00:11:04 | 00:11:06 | I have made a lot of videos on product |
00:11:05 | 00:11:08 | research for Google |
00:11:06 | 00:11:11 | but one thing I believed really helped |
00:11:08 | 00:11:13 | me achieve $500,000 in sales in such a |
00:11:11 | 00:11:14 | short period of time is that I was |
00:11:13 | 00:11:16 | selling a lot of high tiket products |
00:11:14 | 00:11:18 | meaning two hundred two all the way up |
00:11:16 | 00:11:19 | to five hundred dollars even sometimes a |
00:11:18 | 00:11:22 | thousand dollars in fact a lot of the |
00:11:19 | 00:11:23 | times I was getting individual orders on |
00:11:22 | 00:11:26 | my store for up to fifteen hundred |
00:11:23 | 00:11:28 | dollars and that is a real big amount |
00:11:26 | 00:11:30 | coming from just one potential customer |
00:11:28 | 00:11:32 | so this really helped me boost up my |
00:11:30 | 00:11:34 | sales I was easily able to do two over |
00:11:32 | 00:11:35 | ten thousand dollars per day in some of |
00:11:34 | 00:11:37 | these days and that is simply thanks to |
00:11:35 | 00:11:38 | the high tiket products again I was |
00:11:37 | 00:11:40 | selling but you want to understand that |
00:11:38 | 00:11:42 | with higher tiket items you're |
00:11:40 | 00:11:43 | generally gonna have a lower conversion |
00:11:42 | 00:11:45 | rate but if you're getting a lot of |
00:11:43 | 00:11:47 | profits conversion rates really doesn't |
00:11:45 | 00:11:49 | matter at that point but specifically |
00:11:47 | 00:11:51 | toking about the type of products I was |
00:11:49 | 00:11:52 | selling I was selling products which had |
00:11:51 | 00:11:54 | a monthly search volume of twenty |
00:11:52 | 00:11:56 | thousand or more in fact some of these |
00:11:54 | 00:11:58 | high tiket products had a monthly |
00:11:56 | 00:12:00 | search volume of a hundred thousand or |
00:11:58 | 00:12:02 | more I personally believe that if you |
00:12:00 | 00:12:04 | can find products with more than simply |
00:12:02 | 00:12:06 | twenty thousand monthly searches it's |
00:12:04 | 00:12:08 | really gonna be beneficial for you in |
00:12:06 | 00:12:10 | the long term when it comes to finding |
00:12:08 | 00:12:11 | consistent sales in fact anything above |
00:12:10 | 00:12:13 | a hundred thousand is really where you |
00:12:11 | 00:12:14 | can scale all the way to those four |
00:12:13 | 00:12:17 | figure and five greater days with |
00:12:14 | 00:12:17 | individual products especially just with |
00:12:17 | 00:12:19 | Google Ads |
00:12:17 | 00:12:21 | but in addition to this having that |
00:12:19 | 00:12:22 | specific volume per month I was also |
00:12:21 | 00:12:25 | looking for products which were in an |
00:12:22 | 00:12:27 | upward trench or alleys consistent trend |
00:12:25 | 00:12:29 | I did not want anything that was just |
00:12:27 | 00:12:30 | going down or dipping down during this |
00:12:29 | 00:12:32 | month because that meant that less and |
00:12:30 | 00:12:35 | less people were searching each day and |
00:12:32 | 00:12:36 | overall buying intent was very very low |
00:12:35 | 00:12:39 | for this product in addition I was |
00:12:36 | 00:12:41 | making sure that my profit margins were |
00:12:39 | 00:12:43 | roughly $15 to $20 now with Google as |
00:12:41 | 00:12:45 | you can generally expect lower profit |
00:12:43 | 00:12:47 | margins because it's not like Facebook |
00:12:45 | 00:12:48 | where people just directly go on to your |
00:12:47 | 00:12:50 | product page and then make the decision |
00:12:48 | 00:12:51 | then and there what do they want to buy |
00:12:50 | 00:12:54 | from you're not with Google ads or |
00:12:51 | 00:12:56 | Google Shopping ads in general people do |
00:12:54 | 00:12:58 | a lot more research so you really have |
00:12:56 | 00:13:00 | to be competitive when it comes to the |
00:12:58 | 00:13:01 | pricing again you can check out some of |
00:13:00 | 00:13:04 | my videos on how to prize products with |
00:13:01 | 00:13:06 | Google and stuff like that but generally |
00:13:04 | 00:13:08 | I was aiming for finding those products |
00:13:06 | 00:13:10 | which had low competition meaning lower |
00:13:08 | 00:13:12 | than seven total competitors for my |
00:13:10 | 00:13:13 | product one thing I personally believe |
00:13:12 | 00:13:15 | is that if there's zero competition that |
00:13:13 | 00:13:17 | could be a six theater golden winning |
00:13:15 | 00:13:19 | product for you because some of these |
00:13:17 | 00:13:20 | high tik of the products I found a lot |
00:13:19 | 00:13:22 | of drop shippers had never |
00:13:20 | 00:13:24 | even imagined of selling those products |
00:13:22 | 00:13:26 | because there were so costly on |
00:13:24 | 00:13:28 | Aliexpress which is why I went in and I |
00:13:26 | 00:13:30 | was the only competitor there in the |
00:13:28 | 00:13:32 | market which is why I was able to |
00:13:30 | 00:13:33 | capture so much of the market and get so |
00:13:32 | 00:13:35 | many sales for that given product so |
00:13:33 | 00:13:37 | having less amount of competitors really |
00:13:35 | 00:13:38 | helps but along with having proper |
00:13:37 | 00:13:40 | products I was making sure that my ad |
00:13:38 | 00:13:42 | strategies were the right ones as well |
00:13:40 | 00:13:44 | so when it comes to ad strategies |
00:13:42 | 00:13:46 | specifically for Google Ads I had two |
00:13:44 | 00:13:48 | main campaigns running specifically to |
00:13:46 | 00:13:50 | general testing campaigns which were |
00:13:48 | 00:13:52 | testing all of the products on my store |
00:13:50 | 00:13:54 | so these specific testing campaigns one |
00:13:52 | 00:13:56 | campaign was a high bid campaign a |
00:13:54 | 00:13:58 | meeting around $0.50 bid one campaign |
00:13:56 | 00:14:00 | was a low bid camp and meaning around |
00:13:58 | 00:14:02 | $0.10 bid the main reason why I have two |
00:14:00 | 00:14:04 | different testing campaigns is because I |
00:14:02 | 00:14:06 | want my main testing campaign meaning |
00:14:04 | 00:14:09 | the high bid campaign to get a majority |
00:14:06 | 00:14:11 | of the sales but I also want my low bid |
00:14:09 | 00:14:12 | campaign to capture those sales which |
00:14:11 | 00:14:14 | were kind of lost in this high bid |
00:14:12 | 00:14:16 | campaign because believe it or not not |
00:14:14 | 00:14:18 | every product is gonna do well with a |
00:14:16 | 00:14:21 | high bid some products generally perform |
00:14:18 | 00:14:23 | much much better with a low bid which is |
00:14:21 | 00:14:24 | why I have two specific testing cameras |
00:14:23 | 00:14:26 | I really want to use the umbrella |
00:14:24 | 00:14:27 | strategy where it's kind of like opening |
00:14:26 | 00:14:29 | an umbrella so that you can cover a |
00:14:27 | 00:14:31 | larger surface area instead of just |
00:14:29 | 00:14:32 | having one specific target for your |
00:14:31 | 00:14:34 | product but in addition to those |
00:14:32 | 00:14:37 | specific shopping campaigns I had a one |
00:14:34 | 00:14:39 | company search campaign where I was |
00:14:37 | 00:14:40 | basically targeting only those keywords |
00:14:39 | 00:14:42 | which were related to my stores name so |
00:14:40 | 00:14:44 | for example if my store where couples |
00:14:42 | 00:14:46 | choice is calm when targeting for the |
00:14:44 | 00:14:48 | search campaign I would just target the |
00:14:46 | 00:14:50 | main keyword couples choices or couple |
00:14:48 | 00:14:52 | choices or couples choices so basically |
00:14:50 | 00:14:54 | playing around with my own domain name |
00:14:52 | 00:14:55 | to capture all the people searching for |
00:14:54 | 00:14:57 | it and finally I had a lot of |
00:14:55 | 00:14:59 | stand-alone campaigns these camps are |
00:14:57 | 00:15:01 | basically used for scaling winning |
00:14:59 | 00:15:03 | products and I personally recommend |
00:15:01 | 00:15:05 | scaling via standalone campaigns only |
00:15:03 | 00:15:08 | with those products which get you over |
00:15:05 | 00:15:09 | three consistent orders or possibly more |
00:15:08 | 00:15:11 | because remember when it comes to Google |
00:15:09 | 00:15:13 | Ads consistency is key you can't really |
00:15:11 | 00:15:14 | be getting a one sale in the beginning |
00:15:13 | 00:15:16 | of the month and then another in the |
00:15:14 | 00:15:18 | middle of the month and then one final |
00:15:16 | 00:15:19 | one at the end and consider scaling that |
00:15:18 | 00:15:21 | product because that will most likely |
00:15:19 | 00:15:23 | not work out you want some kind of |
00:15:21 | 00:15:25 | consistency with the sales but with |
00:15:23 | 00:15:27 | specifically Google ads when it comes to |
00:15:25 | 00:15:29 | increasing the Bears or increase in the |
00:15:27 | 00:15:31 | budgets I was doing it based on return |
00:15:29 | 00:15:33 | on adspend every seven days there were a |
00:15:31 | 00:15:33 | lot of the days where I was making |
00:15:33 | 00:15:36 | consistent |
00:15:33 | 00:15:38 | changes with my Google ads and that led |
00:15:36 | 00:15:40 | to no good because I was consistently |
00:15:38 | 00:15:41 | seeing a lot of fluctuations with my |
00:15:40 | 00:15:43 | results so what I have started to do is |
00:15:41 | 00:15:46 | I've started to wait up to seven days |
00:15:43 | 00:15:48 | sometimes even 14 days before making any |
00:15:46 | 00:15:50 | changes and highly recommend you do the |
00:15:48 | 00:15:51 | same if you do run Google ads but in |
00:15:50 | 00:15:53 | addition to that I was doing SEO |
00:15:51 | 00:15:55 | tikniques with my products as well as |
00:15:53 | 00:15:57 | feat optimization again I'm not really |
00:15:55 | 00:15:59 | gonna go over these I've made tons of |
00:15:57 | 00:16:01 | videos on them already but proper SEO |
00:15:59 | 00:16:03 | tikniques include having main winning |
00:16:01 | 00:16:05 | keywords repeated several times within |
00:16:03 | 00:16:07 | your descriptions and titles getting rid |
00:16:05 | 00:16:09 | of the bad keywords and also excluding |
00:16:07 | 00:16:11 | keywords within your campaigns for feed |
00:16:09 | 00:16:13 | optimization I recommend choosing a |
00:16:11 | 00:16:15 | Google product category because that |
00:16:13 | 00:16:17 | makes Google's life easier to find the |
00:16:15 | 00:16:18 | audience that's directly related to your |
00:16:17 | 00:16:20 | specific products and these specific |
00:16:18 | 00:16:22 | things really help to boost those |
00:16:20 | 00:16:24 | results as well but now let's kind of |
00:16:22 | 00:16:25 | tok about specifically Bing ads and |
00:16:24 | 00:16:27 | what I was doing over there so with the |
00:16:25 | 00:16:29 | Bing ads I had only one general testing |
00:16:27 | 00:16:31 | champion runni and this is the specific |
00:16:29 | 00:16:33 | hybrid campaign which I had on my Google |
00:16:31 | 00:16:35 | ads account as well I didn't really do |
00:16:33 | 00:16:37 | anything different with Bing ads because |
00:16:35 | 00:16:39 | I wanted Bing to just kind of run in the |
00:16:37 | 00:16:41 | background so with the Bing I only had |
00:16:39 | 00:16:43 | the campaign running at $25 a day they |
00:16:41 | 00:16:45 | didn't really do much except exclude |
00:16:43 | 00:16:48 | products include the bad keywords etc |
00:16:45 | 00:16:50 | but with the Facebook ads specifically |
00:16:48 | 00:16:51 | as I mentioned already I was mostly |
00:16:50 | 00:16:54 | doing retargeting some cold traffic |
00:16:51 | 00:16:56 | interests here and there but 99% of |
00:16:54 | 00:16:57 | retargeting only and what retargeting I |
00:16:56 | 00:16:59 | had several different audiences running |
00:16:57 | 00:17:02 | so I had a one for three day another one |
00:16:59 | 00:17:03 | for five days seven-day 14 day 30-day |
00:17:02 | 00:17:05 | and these were the main ones I was |
00:17:03 | 00:17:06 | running and each specific audience had |
00:17:05 | 00:17:09 | its own ad set so for those people that |
00:17:06 | 00:17:11 | viewed content or added to cart but no |
00:17:09 | 00:17:12 | purchase I would have these specific 5 |
00:17:11 | 00:17:14 | ad sets for that specific audience and |
00:17:12 | 00:17:16 | then for those specific people that |
00:17:14 | 00:17:18 | added to cart but didn't purchase that I |
00:17:16 | 00:17:20 | would have five more with these specific |
00:17:18 | 00:17:21 | time period so in total I had ten |
00:17:20 | 00:17:23 | different retargeting ad sites running |
00:17:21 | 00:17:25 | at five dollars a day and a lot of the |
00:17:23 | 00:17:27 | sales that come from retargeting as well |
00:17:25 | 00:17:28 | so as you guys can see I was using three |
00:17:27 | 00:17:31 | different platforms to really get my |
00:17:28 | 00:17:33 | audience on to the specific store and |
00:17:31 | 00:17:35 | because I had such a large reach to my |
00:17:33 | 00:17:36 | audience I was literally just targeting |
00:17:35 | 00:17:38 | them via Google reaching out to them via |
00:17:36 | 00:17:40 | Facebook and then kind of getting to |
00:17:38 | 00:17:42 | them and on bing as well so because of |
00:17:40 | 00:17:44 | this a lot of people were coming back to |
00:17:42 | 00:17:46 | my store to purchase several tons and |
00:17:44 | 00:17:47 | this led to of course the half a million |
00:17:46 | 00:17:49 | dollars in sales |
00:17:47 | 00:17:51 | but that is the overall case study for |
00:17:49 | 00:17:52 | this specific dropshipping store if you |
00:17:51 | 00:17:54 | found any type of value in this video |
00:17:52 | 00:17:56 | smash that like button and smash that |
00:17:54 | 00:17:58 | subscribe button and I'll see you guys |
00:17:56 | 00:17:58 | next |
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