7 Shopify Dropshipping Tricks To Save THOUSANDS

Published on: December 6 2022 by Shri Kanase

7 Shopify Dropshipping Tricks To Save THOUSANDS

The above is a brief introduction to 7 Shopify Dropshipping Tricks To Save THOUSANDS.

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Table of Contents About 7 Shopify Dropshipping Tricks To Save THOUSANDS

7 Shopify Dropshipping Tricks To Save THOUSANDS

7 Shopify Dropshipping Tricks To Save THOUSANDS

startTime	durationTime	text
00:00:00	00:00:03	yo what is going on everybody srikanasa
00:00:02	00:00:05	here so
00:00:03	00:00:06	seven drop shipping tricks to save you
00:00:05	00:00:08	thousands of
00:00:06	00:00:10	lost dollars now this is one of the
00:00:08	00:00:11	biggest issues a lot of drop shippers
00:00:10	00:00:14	have and that is
00:00:11	00:00:15	they continuously waste a lot of their
00:00:14	00:00:17	money which they could be using on
00:00:15	00:00:19	resourceful and useful
00:00:17	00:00:21	things which can actually gain them more
00:00:19	00:00:22	money on stuff which is not even making
00:00:21	00:00:24	them any money at all
00:00:22	00:00:25	and this is actually one big problem
00:00:24	00:00:28	simply because this
00:00:25	00:00:29	lost amount accumulates to a big number
00:00:28	00:00:31	in the end
00:00:29	00:00:32	and also becomes one of the reasons why
00:00:31	00:00:34	so many drop shippers
00:00:32	00:00:35	simply fail with shopify drop shipping
00:00:34	00:00:37	so in this video
00:00:35	00:00:39	i'm going to be going over seven
00:00:37	00:00:41	different things which you can do step
00:00:39	00:00:43	by step so that you can not only save a
00:00:41	00:00:44	lot more money but also use that money
00:00:43	00:00:46	towards
00:00:44	00:00:48	things that actually make you money in
00:00:46	00:00:49	return but without wasting any more time
00:00:48	00:00:51	let's just jump right into it
00:00:49	00:00:53	the first thing you'll have to do in
00:00:51	00:00:55	order to find success with
00:00:53	00:00:56	any of these seven things however is to
00:00:55	00:00:58	just
00:00:56	00:00:59	destroy that like button down below
00:00:58	00:01:01	it'll take just two quick seconds and
00:00:59	00:01:03	it'll help please the youtube gods out
00:01:01	00:01:04	there okay hopefully i've done that but
00:01:03	00:01:07	trick number one and this
00:01:04	00:01:09	is using something called a cashback
00:01:07	00:01:10	program now one big issue about this is
00:01:09	00:01:11	that a lot of people don't even know
00:01:10	00:01:14	that
00:01:11	00:01:15	cashback programs exist with shopify and
00:01:14	00:01:18	aliexpress specifically
00:01:15	00:01:20	normally one cashback program which i
00:01:18	00:01:20	use and which i've also made a video on
00:01:20	00:01:23	is called
00:01:20	00:01:25	admittad admatat is a perfect cashback
00:01:23	00:01:27	program which i've been using
00:01:25	00:01:29	consistently for about the past two
00:01:27	00:01:29	years with my shopify drop shipping
00:01:29	00:01:32	stores
00:01:29	00:01:33	and it has given me back thousands and
00:01:32	00:01:36	thousands of dollars
00:01:33	00:01:38	for simply placing orders that's really
00:01:36	00:01:38	the easiest way that you can make money
00:01:38	00:01:40	back
00:01:38	00:01:41	simply activate admitted on your
00:01:40	00:01:43	aliexpress account
00:01:41	00:01:44	once it's activated for every order that
00:01:43	00:01:46	you place
00:01:44	00:01:48	depending on which kind of program you
00:01:46	00:01:49	have signed into you can get anywhere
00:01:48	00:01:52	from 10
00:01:49	00:01:53	to 30 back cashback and as i already
00:01:52	00:01:55	said
00:01:53	00:01:57	admitted has been the reason why i've
00:01:55	00:01:59	gotten consistent profits on my shopify
00:01:57	00:02:01	store even on those months
00:01:59	00:02:02	where the profit number itself wasn't so
00:02:01	00:02:04	good that's simply because
00:02:02	00:02:06	all of the orders i placed during that
00:02:04	00:02:08	time period resulted in a large amount
00:02:06	00:02:10	in cash back which kind of
00:02:08	00:02:12	added to my overall profit margin so
00:02:10	00:02:13	number one thing which you can do in
00:02:12	00:02:14	order to save thousands
00:02:13	00:02:16	just sign up for admitted i'll leave the
00:02:14	00:02:16	link in the description below for you
00:02:16	00:02:18	guys
00:02:16	00:02:20	do watch that video and follow it step
00:02:18	00:02:22	by step after this one but
00:02:20	00:02:23	let's go on to number two and that is
00:02:22	00:02:26	having special
00:02:23	00:02:27	product rates now one thing a lot of
00:02:26	00:02:30	drop shippers fail to do is
00:02:27	00:02:32	transition from using aliexpress onto
00:02:30	00:02:32	using anything else and that's simply
00:02:32	00:02:34	because
00:02:32	00:02:36	these drop shippers really don't know
00:02:34	00:02:38	how it's done they're too scared
00:02:36	00:02:40	worried about what could go wrong maybe
00:02:38	00:02:42	they're worried about getting scammed by
00:02:40	00:02:44	working offline and this causes them to
00:02:42	00:02:45	consistently use those same exact
00:02:44	00:02:47	aliexpress prizes
00:02:45	00:02:49	which are often overpriced and not the
00:02:47	00:02:51	best deal so instead
00:02:49	00:02:53	what you want to look into doing is
00:02:51	00:02:54	basically directly messaging the
00:02:53	00:02:56	supplier and it doesn't matter whether
00:02:54	00:02:58	it's on aliexpress
00:02:56	00:03:00	ebay amazon etc simply message the
00:02:58	00:03:03	supplier directly and ask for
00:03:00	00:03:04	special product rates based on the order
00:03:03	00:03:05	quantity
00:03:04	00:03:07	let them know that you're placing a lot
00:03:05	00:03:08	of orders for that product and you
00:03:07	00:03:10	definitely deserve
00:03:08	00:03:12	a better discount what this is going to
00:03:10	00:03:14	do is that it's going to let you
00:03:12	00:03:16	start sourcing that product for a much
00:03:14	00:03:18	much lower price when that happens
00:03:16	00:03:19	you're going to have more profits at the
00:03:18	00:03:20	end of the day and this is again
00:03:19	00:03:23	going to save you thousands and
00:03:20	00:03:24	thousands of dollars because depending
00:03:23	00:03:26	on the order amount and the amount of
00:03:24	00:03:28	sales you're getting every single day
00:03:26	00:03:30	for that product these suppliers may be
00:03:28	00:03:33	willing to cut the prices by up to
00:03:30	00:03:35	even five percent 10 sometimes even 20
00:03:33	00:03:36	depending on how much they get it for so
00:03:35	00:03:38	it never hurts to just
00:03:36	00:03:40	directly message the supplier and ask
00:03:38	00:03:42	them for special product rates
00:03:40	00:03:44	especially if you have a winning product
00:03:42	00:03:46	on your hands this is one great way to
00:03:44	00:03:46	save thousands of dollars while drop
00:03:46	00:03:48	shipping now
00:03:46	00:03:50	let's move on to the third thing and
00:03:48	00:03:51	this is kind of related to step number
00:03:50	00:03:53	two but it is
00:03:51	00:03:54	having faster or cheaper shipping
00:03:53	00:03:56	options again
00:03:54	00:03:57	as with number two these suppliers
00:03:56	00:04:00	oftentimes
00:03:57	00:04:02	are able to provide much faster shipping
00:04:00	00:04:04	or even cheaper shipping options
00:04:02	00:04:05	to people that are consistently ordering
00:04:04	00:04:06	the product
00:04:05	00:04:08	from their store because at the end of
00:04:06	00:04:10	the day they also want your business
00:04:08	00:04:11	they want you to be consistent with them
00:04:10	00:04:13	so
00:04:11	00:04:15	what you can do is simply try asking for
00:04:13	00:04:17	a faster or a cheaper shipping option
00:04:15	00:04:19	and there are bulk rates available
00:04:17	00:04:22	in case you want to order multiple times
00:04:19	00:04:24	or pay up front by estimating a simple
00:04:22	00:04:26	order value that you plan to get
00:04:24	00:04:28	during the next few days to the next
00:04:26	00:04:28	month even so this is again going to
00:04:28	00:04:30	help you
00:04:28	00:04:32	lower the cost of drop shipping that
00:04:30	00:04:33	product and it's going to help you save
00:04:32	00:04:34	thousands of dollars in the long run so
00:04:33	00:04:36	definitely
00:04:34	00:04:38	along with cheaper product rates always
00:04:36	00:04:39	ask for cheaper shipping or even faster
00:04:38	00:04:40	shipping options
00:04:39	00:04:42	and you can maybe even pay more for
00:04:40	00:04:44	faster shipping in case your main
00:04:42	00:04:46	priority is customer satisfaction which
00:04:44	00:04:47	is what i recommend but let's move on to
00:04:46	00:04:48	the fourth thing which you can do to
00:04:47	00:04:50	save
00:04:48	00:04:51	thousands of dollars with drop shipping
00:04:50	00:04:53	and that is simply
00:04:51	00:04:55	playing around with your applications
00:04:53	00:04:56	now just a few weeks ago i went into my
00:04:55	00:04:59	shopify store
00:04:56	00:05:00	and i looked over my entire apps list to
00:04:59	00:05:03	find out that there were a few
00:05:00	00:05:04	apps in there which were just eating up
00:05:03	00:05:06	my money they were not even in use
00:05:04	00:05:08	anymore in my shopify store
00:05:06	00:05:09	and because i had not really paid
00:05:08	00:05:11	attention to that section
00:05:09	00:05:13	what happened was i was wasting money on
00:05:11	00:05:13	them unnecessarily for the fast few
00:05:13	00:05:15	months so
00:05:13	00:05:17	immediately what i did is either i
00:05:15	00:05:18	lowered the plan that they were on or i
00:05:17	00:05:20	completely
00:05:18	00:05:22	deleted them from the store if they were
00:05:20	00:05:23	not in use a lot of drop shippers get so
00:05:22	00:05:24	busy in the day-to-day hustles they're
00:05:23	00:05:27	always trying to
00:05:24	00:05:29	launch new products try new ads learn
00:05:27	00:05:30	new marketing platform etc that they
00:05:29	00:05:32	often fail to realize that the most
00:05:30	00:05:34	expenses that they're actually
00:05:32	00:05:35	just letting go are have to do within
00:05:34	00:05:37	their app section so
00:05:35	00:05:39	only keep those apps which are
00:05:37	00:05:40	absolutely essential
00:05:39	00:05:42	that means getting rid of basically
00:05:40	00:05:44	everything which you don't need anymore
00:05:42	00:05:46	a lot of the apps which you think you
00:05:44	00:05:46	may need actually are not even needed at
00:05:46	00:05:48	all
00:05:46	00:05:49	and all they're doing is just lowering
00:05:48	00:05:50	your conversion rates or slowing down
00:05:49	00:05:52	your website so
00:05:50	00:05:54	it's always important to look at your
00:05:52	00:05:56	apps make sure that you save thousands
00:05:54	00:05:58	of dollars by deleting them completely
00:05:56	00:06:00	or lowering the plan especially those
00:05:58	00:06:01	sms retargeting apps email marketing
00:06:00	00:06:03	apps or even
00:06:01	00:06:05	apps like after ship which directly send
00:06:03	00:06:06	or notifications regarding your packages
00:06:05	00:06:08	to customers those
00:06:06	00:06:10	eat up a lot of money in fact i made a
00:06:08	00:06:12	video on my channel where i show exactly
00:06:10	00:06:13	how you can set up a tracking page for
00:06:12	00:06:15	absolutely free
00:06:13	00:06:16	you don't have to use aftershave or any
00:06:15	00:06:18	of that i'll leave the link in the
00:06:16	00:06:19	description below for that as well but
00:06:18	00:06:21	definitely apps is one of the biggest
00:06:19	00:06:23	money wasters where you can save
00:06:21	00:06:25	thousands of dollars in the long term
00:06:23	00:06:27	let's move on to the fifth thing
00:06:25	00:06:28	which you can save money on and that is
00:06:27	00:06:30	transaction fees now you may be thinking
00:06:28	00:06:31	how is it even possible to lower
00:06:30	00:06:33	transaction fees because
00:06:31	00:06:36	you're maybe using stripe or any other
00:06:33	00:06:37	payment gateway which has a set number
00:06:36	00:06:39	of transaction fees
00:06:37	00:06:40	people fail to realize that the shopify
00:06:39	00:06:42	plan itself
00:06:40	00:06:44	gives you the ability to change and
00:06:42	00:06:46	lower transaction fees based on where
00:06:44	00:06:47	you are with your business so
00:06:46	00:06:49	one recommendation i have if you're
00:06:47	00:06:50	really getting a lot of orders or if you
00:06:49	00:06:53	just don't want to deal with those
00:06:50	00:06:55	transaction fees at that level anymore
00:06:53	00:06:57	simply change the shopify plan or use
00:06:55	00:06:58	anything else besides shopify like a
00:06:57	00:06:59	one-page funnel builder
00:06:58	00:07:01	and what this will do is that it'll
00:06:59	00:07:02	definitely help you lower the fees that
00:07:01	00:07:03	you
00:07:02	00:07:05	are paying overall when it comes to
00:07:03	00:07:07	transactions because even though these
00:07:05	00:07:08	fees seem very very small when you
00:07:07	00:07:10	directly look at them
00:07:08	00:07:12	if you add them up over the long term
00:07:10	00:07:13	they add up to a very very big number
00:07:12	00:07:15	and that number
00:07:13	00:07:16	especially if you're doing a lot in
00:07:15	00:07:17	sales can be a huge amount which you
00:07:16	00:07:18	just
00:07:17	00:07:20	don't want to end up wasting
00:07:18	00:07:21	unnecessarily so it's always easy to
00:07:20	00:07:22	save thousands of dollars with
00:07:21	00:07:24	transaction fees
00:07:22	00:07:26	simply make sure you're on the right
00:07:24	00:07:28	plan or even look into using
00:07:26	00:07:31	other softwares to host your store and
00:07:28	00:07:33	again there's software like woocommerce
00:07:31	00:07:35	or funnel builder etc which you can use
00:07:33	00:07:36	to have this done but definitely
00:07:35	00:07:38	look into transaction fees that's one
00:07:36	00:07:39	easy way to save thousands of dollars
00:07:38	00:07:41	let's go to
00:07:39	00:07:42	number six and that is the email
00:07:41	00:07:44	provider you're using to provide
00:07:42	00:07:45	customer service now
00:07:44	00:07:47	a lot of people when they start getting
00:07:45	00:07:48	a lot of orders or when they're getting
00:07:47	00:07:50	a lot of emails
00:07:48	00:07:51	suddenly just move on to a different
00:07:50	00:07:52	platform as a whole maybe they were
00:07:51	00:07:54	using gmail
00:07:52	00:07:56	or hotmail or whatever they wanted to
00:07:54	00:07:57	use before but then because of the
00:07:56	00:07:59	search and emails
00:07:57	00:08:00	they decided that it was cooler to get
00:07:59	00:08:02	zendesk or freshdesk
00:08:00	00:08:04	or any of those sorts what usually
00:08:02	00:08:05	happens is that based on the number of
00:08:04	00:08:07	employees
00:08:05	00:08:09	that are using that zendesk or freshdesk
00:08:07	00:08:11	account the cost of using that service
00:08:09	00:08:13	increases and what happens
00:08:11	00:08:15	is that you're unnecessarily paying
00:08:13	00:08:18	extra money to use those softwares when
00:08:15	00:08:20	that same exact task can be done just
00:08:18	00:08:22	with gmail now personally i get a lot of
00:08:20	00:08:22	orders in a given day and i still use
00:08:22	00:08:24	gmail
00:08:22	00:08:26	simply because it is a money saving
00:08:24	00:08:26	option i really don't want to spend
00:08:26	00:08:29	extra money
00:08:26	00:08:30	on zendesk or freshdesk because over
00:08:29	00:08:32	time it just adds up and i personally
00:08:30	00:08:34	find no real use to that
00:08:32	00:08:36	sure you can maybe add some special
00:08:34	00:08:36	notes to it and do all the sorts of
00:08:36	00:08:39	these
00:08:36	00:08:40	fancy things but in reality that's
00:08:39	00:08:41	really not needed especially if you have
00:08:40	00:08:43	employees
00:08:41	00:08:44	who are working together on gmail and
00:08:43	00:08:46	are constantly
00:08:44	00:08:47	keeping you notified of what's going on
00:08:46	00:08:50	and what should be done so definitely
00:08:47	00:08:52	one easy way to save money simply use
00:08:50	00:08:53	gmail instead of freshdesk or zendesk or
00:08:52	00:08:54	any of those stores but
00:08:53	00:08:56	let's move on to our final thing which
00:08:54	00:08:57	you can definitely do in order to save
00:08:56	00:08:58	thousands of dollars and this has
00:08:57	00:09:00	directly
00:08:58	00:09:02	to do with ads and this is one of the
00:09:00	00:09:04	best things which you can do which is
00:09:02	00:09:05	cutting bad products fast and keeping a
00:09:04	00:09:07	good eye
00:09:05	00:09:10	on the metrics and this really doesn't
00:09:07	00:09:11	matter what advertising platform you use
00:09:10	00:09:13	it is the same throughout any
00:09:11	00:09:15	advertising platform out there
00:09:13	00:09:17	simply take a good look at the metrics
00:09:15	00:09:18	and cut bad products fast
00:09:17	00:09:20	when it comes to facebook ads which is
00:09:18	00:09:21	one of the advertising platforms people
00:09:20	00:09:23	use mostly
00:09:21	00:09:25	a lot of people let the products spend
00:09:23	00:09:27	up to fifty dollars a hundred dollars
00:09:25	00:09:28	some even go up to two hundred dollars
00:09:27	00:09:30	thinking that they're doing the right
00:09:28	00:09:30	thing they're giving the product a good
00:09:30	00:09:32	chance
00:09:30	00:09:34	of proving itself and what happens is
00:09:32	00:09:35	usually they end up wasting that money
00:09:34	00:09:37	simply because
00:09:35	00:09:39	if a product is a real winning product
00:09:37	00:09:39	you're going to know within the first
00:09:39	00:09:41	day or two
00:09:39	00:09:42	regardless of what kind of budget you're
00:09:41	00:09:44	running the product at so if you're
00:09:42	00:09:44	running a few adsense at five dollars a
00:09:44	00:09:46	day
00:09:44	00:09:48	within the second to third day if you're
00:09:46	00:09:49	not getting any add to cart any link
00:09:48	00:09:50	clicks
00:09:49	00:09:52	there's no real engagement with the ad
00:09:50	00:09:53	or the percentage viewed is very very
00:09:52	00:09:54	low
00:09:53	00:09:56	you should know by then that something
00:09:54	00:09:58	is wrong with the product or the offer
00:09:56	00:10:00	you really don't want to just let the ad
00:09:58	00:10:01	test run and just
00:10:00	00:10:03	hope and pray that something works
00:10:01	00:10:04	because in the end it may simply not
00:10:03	00:10:05	work
00:10:04	00:10:07	because it's already showing signs of
00:10:05	00:10:09	not working so you want to kind of
00:10:07	00:10:10	take the initiative to maybe change up
00:10:09	00:10:11	the ad or the product
00:10:10	00:10:14	or just shut off that product and move
00:10:11	00:10:15	on completely this is one problem a lot
00:10:14	00:10:16	of people have and again
00:10:15	00:10:18	it doesn't matter whether using facebook
00:10:16	00:10:19	ads it's the same thing with any other
00:10:18	00:10:21	platform
00:10:19	00:10:23	for example with google a lot of people
00:10:21	00:10:25	let bad products run within their
00:10:23	00:10:26	general testing campaigns
00:10:25	00:10:28	and oftentimes they don't really want to
00:10:26	00:10:30	touch them because they're just hoping
00:10:28	00:10:32	and praying that somebody clicks on the
00:10:30	00:10:33	product and buys because that product is
00:10:32	00:10:34	spending good amount of money it's
00:10:33	00:10:36	getting clicks etc
00:10:34	00:10:38	that is one good way to lose thousands
00:10:36	00:10:39	of dollars in the long term
00:10:38	00:10:41	so simply keep track of the metrics
00:10:39	00:10:43	remember one of the most
00:10:41	00:10:45	important metrics which you want to look
00:10:43	00:10:47	at before looking at anything else
00:10:45	00:10:49	is the cost per purchase if that's not
00:10:47	00:10:51	on point nothing else matters it doesn't
00:10:49	00:10:52	matter what kind of link clicks
00:10:51	00:10:54	cost per link like you have it doesn't
00:10:52	00:10:55	matter what kind of cost per ad to carts
00:10:54	00:10:57	you have you really can't take link
00:10:55	00:10:59	clicks and that's a card to the bank
00:10:57	00:11:00	to deposit so always look at the cost
00:10:59	00:11:02	per purchase but
00:11:00	00:11:04	this was my simple list of top seven
00:11:02	00:11:05	things which you can do in order to save
00:11:04	00:11:07	tons of money
00:11:05	00:11:08	in the long term with the drop shipping
00:11:07	00:11:09	if you found any type of value in this
00:11:08	00:11:11	video
00:11:09	00:11:12	destroy that like button and destroy
00:11:11	00:11:14	that subscribe button and i'll see you
00:11:12	00:11:14	guys next time

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