dropshipping how does it work
Published on: February 6 2023 by pipiads
Table of Contents About dropshipping how does it work
- What is Dropshipping for Beginners? How to Make Money Online in 2021
- How To Actually Start A Dropshipping Business (FREE Guide)
- The UGLY Truth About Dropshipping That No Guru Will Tell You
- 👀 What You NEED To Know Before Dropshipping
- How To Start Dropshipping in 2023 (FOR BEGINNERS)
- Easiest Way To Start Dropshipping From Scratch (Exactly What I Did)
What is Dropshipping for Beginners? How to Make Money Online in 2021
What is Dropshipping? Hey, what’s up world? I’m Tommy Walker with Oberlo, and today we’re going to tok about Dropshipping, what it is and how you can get started. I’ll also give you four actionable steps to start your own dropshipping business today. And stik around until the end of the video, because I’ll give you a few personal suggestions and things to keep in mind as you’re getting started. Alright, welcome to the Oberlo Youtube channel where, every week, we’ll be discussing the various elements of what goes into starting, operating and growing your own dropshipping business. If you have any questions or want to share your experiences with dropshipping, drop them in the comments below and I'll be sure to answer them. Like I said before, I’m Tommy Walker and if you like what we’re toking about here, consider subscribing so you can get new videos every week. Let’s say, you’ve been thinking of opening up your own online business, but you don’t know where to start. You don’t know what you should sell, you don’t have the money to invest in products and, looking around, you don’t have any place to store inventory. That’s what dropshipping is all about. You see, with dropshipping, you can sell stuff online without the products ever being in your hands. All you need is a computer, an online store and a basic understanding on how to market and sell online. Here’s how it works. First, you find what you want to sell from a supplier, then list that product on your own website at a price you set. Next, when someone places an order for that product, your customer pays you the retail price you’ve set and you make a profit. Then you’ll place the order with your supplier at their wholesale price and have it shipped directly to the customer. So let’s say you’ve found this watch on a supplier’s website for $10. You would then list it on your own website for $30. When the order comes in through your website, you then place your order with your supplier using your customer’s shipping information, keep the $20 profit and have the product shipped directly to your customer. That’s it. Now I know what you’re thinking. why wouldn’t somebody just order the watch directly from the supplier’s website? Well, a couple of reasons. First, it’s a very big internet and customers may not know about the supplier to buy from them directly. Second, when people buy things, they’re not just buying products. They’re buying into the marketing, positioning, trust, brand and lifestyle those products represent. With dropshipping, you can focus on marketing your products and saying the right things at the right time and on providing real value to the right people, because you’re not warehousing any inventory or dealing with most of the other challenges that come with running an ecommerce business. Now, a couple of big challenges that need to be considered with dropshipping are finding credible suppliers with good quality products and making sure you have visibility into your customer’s fulfillment process. Honestly, you can find suppliers on your own - However, when you’re dropshipping completely on your own, you can end up spending a lot of time researching and negotiating with suppliers to guarantee your customers’ satisfaction. Another option is a tool like Oberlo, which, with a few clicks, gives you access to millions of products to sell and has dozens of other features to make your life easier, like monitoring inventory levels, automatikally calculating profit margins, fulfilling and tracking orders, monitoring shipping status, measuring delivery performance and more. Oberlo Supply is also a part ofthe product which helps you partner with vetted, trustworthy suppliers of great quality products, faster shipping times and awesome customer service, with thousands of different products available for you to choose from. Want to get started? All you have to do is start a Shopify store, install the Oberlo app, find products and start selling online. So why do people get into dropshipping? First off, it’s really fast and easy to get started, and you can dropship with incredibly low investment costs. You also don’t need to have an established business entity when you start, though it’s smart to have one once you grow. You don’t have to worry about managing inventory, packing or tracking, which means you can focus almost exclusively on marketing, promotion and merchandising. You have access to millions of products instantly that suppliers are constantly researching to determine what’s trendy and what will sell. You set the retail price so you control the margins, And dropshipping is really easy to scale because you can hire virtual assistants as your order volume increases. Of course, there can be some challenges with dropshipping too. First off, because it’s really easy to get started, there’s a higher potential for competition. That is why you’ll find a lot of advice out there recommends you start off finding a niche audience - like cat lovers or gamers - so you can operate with less competition. Next, there are supplier errors. Though uncommon, it is inevitable that a supplier will mistakenly ship the wrong item to your customer. If this happens, don’t take it personally and handle the return like a professional - either order a brand new product from the supplier or offer a complete refund. Also, since many dropshipping suppliers are based on China, shipping times are generally longer, turning some consumers off. ePacket makes it easier, delivering some orders in as little as two weeks, but generally speaking, if you make your shipping times clear throughout the buying process, many visitors appreciate the clarity - especially if you’re selling an item or in a niche where delivery times are less crucial. Ok, so how do I get started? Step 1. Start a free 14 day trial on Shopifycom. Step 2. Go to Shopifycom/app-store and install the oberlo app. Step 3. Find products from the app you’d like to sell and add them to your store. Step 4. Enable a payment gateway so you can start accepting money. Shopify Payments is a great default option if you’re in one of the supported countries, though you may want to enable a few other gateways, like Paypal, Apple Pay, Amazon Payments or any of the 100+ payment gateways that Shopify is integrated with. Once you have all that, you’ll need to create a plan for sending traffic to your store. I won’t go into great detail about that here, but you can find a great resource for building traffic by clicking on the card above or in the description down below. Finally, try to produce quality content for your store, From eye-catching photography to engaging product videos, to great posts for your blog. your audience loves to know more about your products, how they can be used and the story behind them. Now that we’ve covered all of the things you need to get started, here are a few additional things to keep in mind. Dropshipping is pretty easy to learn, but there is a learning curve and you will experience challenges along the way. However, mistakes can become learning opportunities and, if you can develop resilience along the way, there are plenty of people out there finding a lot of success dropshipping products. While there is a significant advantage in terms of capital investment over traditional ecommerce, dropshipping isn’t free. You’ll likely have to spend money to drive traffic, market your products and handle returns. There is no overnight success and this isn’t a get rich quick scheme. Dropshipping still requires you to work consistently for your store. True, you will need to dedicate less time compared to a traditional ecommerce businesses, but it’s not going to succeed without your hard work. You’ll always need to invest time improving your business. Don’t source copyrighted items. This is illegal all around the world and can cause you some serious trouble. My advice: choose products from Oberlo Supply - a network of trusted suppliers who make
How To Actually Start A Dropshipping Business (FREE Guide)
many of you guys watching have probably heard of Shopify dropshipping, but are just wondering: how the heck do you actually do it? and I completely understand you. drop shipping is one of those business models. we have tons of people online toking about how profitable it is and how you can make thousands of dollars every single month while living at home just on a laptop, and it's true. but, to be honest, there's an overwhelming amount of new people coming into the space having a little bit of success, who really have no business sharing information on Drop Shipping and Shopify as a whole, and, in turn, it leaves a lot of you guys clueless and unsure as to exactly where to start with the business model, and I completely understand the frustration. so, since I'm such a nice and generous guy, I'm going to show you exactly how to actually start your very own Shopify business right here, right now, and the best part is, it's completely free. I've been Drop Shipping since 2017. I've generated millions of dollars with the business model, and so I know a thing or two about it. it's not like I just had my first hundred dollar day and I'm coming on here to make videos. it's not like that by any means. now there's also going to be a huge announcement at the end of the video. so make sure you stik around. it's going to be in an insane opportunity where you could potentially win thousands and thousands and even tens of thousands of dollars for simply just starting Drop Shipping and having a successful store. but I'll wait to explain that till the end of the video. so just stik around, take notes and then, by the end of the video, you're gonna have an insane opportunity on your hands that I think, is like one of its kind. so just sit tight and hang on, get a notepad ready, because we honestly have a ton of work to do, so let's get into it. first things first, we need to make a Shopify store, so I will have a link below. but this is essentially the backbone of your business and this is exactly where you'll be housing your website. so once you put an email in- I created a simple one that sounds very clever: subscribe to seb's channel. if you're watching this, subscribe might as well. I'm showing you, guys, how to start a Shopify business. so then, once you do that, just click Start your free trial, and then this will essentially take you through a ton of stuff that you don't honestly even need to do so. just click Skip, Skip and Skip. you don't even need to put a store name in. you can change it at any time, so it does not really matter. you will need to select your country, so select that I'm currently in us, and then for create a shopping ID. I just continue with Google and then select my email and then that's kind of it. your Shopify store is now being built and it's not like it's going to be completed, but you'll have the account now. so now you can actually lay the framework and start building out the store. I'll quickly go over, though how to actually set all this stuff up and how to use your Shopify store. so this is the home page. this is where you're going to start seeing all your orders and stuff. essentially, like, it's not going to show up right now because we haven't picked a plan and done anything, so it's going to try and like force us to do tons of stuff like add some apps, make products, do a name, customize the theme domain, all that stuff and tons of other good stuff. so that is the home page, but once you have this all set up, it will show you the orders you have today, the visits and stuff like that, and then orders. this is essentially once people place an order. this is where the info will go. and then, for the products tab, this is, if you guys want to guess, this is where all the products show up. so I'll show you guys exactly how to add products to your store and how to fulfill them, even like when you get orders in and your customers actually place an order and they show up here- how to Auto fulfill them. so you guys don't need to use AliExpress- ditch that old stuff, it doesn't work anymore. there's other, better ways to fulfill your orders with Shopify- and so I'll show you how to do all that stuff: how to add products. and then customers: finances analytiks is actually very important. this is going to show you sales sessions, returning customer rate, your conversion rate. so if 100 people land on your site and only one person buys, it will be a one percent conversion rate. it even breaks it down further and just tons of good stuff. so this is the backbone of your business. but, more importantly, what we need to do is go to apps. so what we're going to do is just type in what's called Zen drop. so type that in and this is going to be where you actually fulfill your orders and once customers Place orders, they are going to be the company that is helping you out with getting the product from their warehouse into the customer's hands automated. so there's a way to do it completely automated, where you literally don't even have to click, place order or fulfill order. they handle everything. we've done thousands of orders per day with zendrop. they are an amazing supplier and Company. I want have an affiliate link. I don't want to scare you guys off and think like Zen drops a scam and I'm just doing this video to help them out. I'm not at all. but for password, we will just put in, uh, something random and then let's do this. let's hope I remembered it. I think that's it for phone number. I'm gonna do a basic one. hopefully that works. we'll see a text message and then let's see if that works. yeah, cool, that works. so we're good to go. the accounts made. I didn't put my real phone number in, so don't try calling me. but once you get into the account, this is where the fun begins. so now you can just kind of surf around four cool products and see essentially what you want to sell. you can do this. there are tons of other ways to find products. now I kind of already know products that sell well, but if you guys want more in-depth details on product research and stuff, I will have a link below for a free Drop Shipping course. it's completely free. it took me a few weeks to film and I released it for free with one of my business partners, Sebastian Georgia. so again, the course is free. we're like giving you everything I do on a daily basis for the Drop Shipping business for free. so again, all the link below for that. like I did mention, I already know some products that are working well, so we can just do like. there are a few I'm seeing right now that do well. we can just kind of pick one of them. I always like to sell problem solving products, so we can just say: like this hot and cold gel therapy mask, it's a good product. I've seen it on tiktok a little bit, so we'll just click it and then essentially all you have to do to get the product from zendrop onto your website. you don't need to go on here and then go to products and create a product. it's nothing like that and this is completely ditching AliExpress. all you do is again add that app, click add to import list, go to import list and then right here, all you'll need to do is edit your description if you want to edit the variants. so one of the things you'll need to do is edit the sale price. for myself, I would want to have at least like a 3X markup, so we'll just say: nine dollars plus six dollars is going to be 15.. so we can sell this for 39.99. that's a decent enough margin- and then just plug that in for every single color- and I'm just copy and pasting it just to make my life easy- and then from there we're profiting to twenty five dollars per sale. so if we get 10 sales, we will be profiting 250 dollars. next, you need to select the photos. so make sure you are not selecting photos that look like they came from AliExpress or came from somewhere bad, because if you guys do that, it's gonna look scammy. I saw other videos where people were trying to show you guys how to make a website and the photos all look like this and like this and like this and like this and like this. that's not what actually works, and take this from someone who actually knows what they're.
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The UGLY Truth About Dropshipping That No Guru Will Tell You
in this video, i'm going to answer the most commonly asked questions about drop shipping, including the questions that most people won't give you a straight answer on. so here's the ugly truth about drop shipping. now, drop shipping has a reputation for being a get rich quick scheme because it sounds way too easy: you don't need to store inventory, you don't need to ship or fulfill orders, you don't need much money to get started and you can run a dropship store from anywhere in the world. now, while all these statements are tiknically true, a common misconception is that running a successful dropship store is easy. but in reality, success with drop shipping has many pros and cons and isn't as straightforward as you are led to believe. so in this video, i answer all the in-depth questions related to drop shipping to provide you with a complete view of what it takes to run a profitable dropship store. now, what is drop shipping? drop shipping is an ecommerce business model where an online store does not carry inventory for the products it sells. when an order is made, the online store purchases the products from a wholesale supplier, who then ships the order directly to the end customer. so, as a result, the online store owner does not have to deal with physical inventory or perform any shipping and handling. there are no upfront inventory cost because all products are purchased on demand. now is drop shipping legal and legit? it is 100 legal as long as you use legitimate dropship suppliers. so, for example, if you sell disney merchandise on your online store and your supplier dropship's fake disney merchandise on your behalf, you could be liable for fraud. as long as you're careful about who you work with and only use officially licensed distributors for the brands you carry, drop shipping is legit and safe. now, does it require a seller's permit and a business license? well, in the us, you absolutely need a seller's permit in order to legally sell online. now, most states require you to charge sales tax to customers where you have economic nexus, and drop shipping is no exception. if your locality requires a business license, then you must get a business license as well. remember, drop shipping is simply a method of order fulfillment. your drop shipping business is a real business and must be registered as such. now, how profitable is drop shipping? well, because your supplier is doing most of the heavy lifting when it comes to fulfillment and inventory. the margins for drop shipping are much less than other e-commerce business models, so typical margins for drop shipping are between 10 and 30 percent, compared to 50 to 66 percent for private label and traditional wholesale, which makes drop shipping far less profitable. now, the best products of drop ship are higher tiket items that yield more revenue per sale. now is drop shipping worth it? well, despite the low margins, drop shipping can be a great way to get started selling online. for less than three bucks, you can start a fully featured ecommerce business that carries hundreds of products, and drop shipping is worth it for product research as well. without any upfront risk, you can list many products online just to see what sells and then, based on your own sales data, you can private label or carry inventory for your best selling products and keep more of the profit. now the best part is that drop shipping can be automated, except for the customer service. now, most established drop shipping suppliers support edi, which stands for electronic data interchange. edi is an electronic system that allows your website and your suppliers website inventory to automatikally stay in sync. so, for example, if your supplier runs out of stok on a partikular product, your website's inventory will automatikally be adjusted. in addition, all orders placed on your website are automatikally transmitted to your drop shipper for fulfillment. however, even though order fulfillment is automated, you are still responsible for answering questions and performing customer service. now here's how drop shipping from your own website works. now, if you use a well-supported e-commerce platform like shopify, bigcommerce or woocommerce, setting up drive shipping is a straightforward process. here's exactly how you drop ship from your own website and how it works. a customer places an order on your site and you accept payment. the customer's order is electronically transmitted to your drop chip supplier, where you are charged the agreed upon wholesale price for your goods. your drop ship supply then ships the order to the end customer and you pocket the difference in cost as profit. now you don't have to drop ship on your website. you can also drop ship on amazon, and here's how amazon drop shipping works. you list your products or sell on amazon as a merchant fulfilled seller, and then, when an order is placed on amazon, you electronically send the order to your drop ship supplier, who then ships the products to the end customer. now, overall, amazon drop shipping is a much riskier business model than drop shipping from your own site, because you have to follow amazon's terms of service to the letter. first off, you must source your products from a legit wholesaler. you are not allowed to drop ship your products from another marketplace like aliexpress, ebay or walmart, otherwise you're going to get banned as a result. aliexpress drop shipping on amazon is expressly prohibited. amazon also imposes very strict requirements for shipping and fulfillment that must be met. if you have a series of late shipments or inventory mishaps, your account's going to get banned. but outside of following amazon's terms of service, drop shipping on amazon works much the same as drop shipping on your own website. you can also drop ship on ebay. you simply list your products for sale as an auction or store listing and then, when an order is placed, you electronically notify your supplier who fills the order and similar to amazon. you must source your products from legit dropship suppliers and not marketplaces like amazon or walmart, otherwise you're going to get banned. so, as a result, get rich quick. schemes like buying products from amazon and drop shipping them on ebay at higher prices is prohibited. now you're probably wondering how drop ship payments work. well, when you sign up with a drop shipping supplier, you'll be asked for a form of payment and typically you can pay by credit card. your supplier keeps your credit card on file and simply charges your card when an order is placed. you can also use ach or direct transfer. this is where your supplier keeps your bank information and automatikally places a transaction at the end of the day, week or month for all products purchased. the best way to pay a drop ship supplier is through payment terms. some suppliers will offer you payment terms, which means that you don't have to pay for your products until 30 or 60 days later. now, whenever an order is placed on your website, two payment transactions occur in the background. the first transaction takes place when you accept payment from your customer and deposit the money into your own bank account. the second transaction takes place when you pay your supplier for the raw cost of goods and any related drop ship fees. now where do you find drop shipping suppliers? there are four main ways to find suppliers. depending on your budget and the types of products that you want to sell, and by paying a fee, you can perform a search and instantly have access to hundreds of pre-vetted suppliers. you can also use a drop shipping company. a drop ship company acts as a middleman who automatikally connects you to a dropship supplier. you simply list the products that the dropship company offers and they handle the entire fulfillment process. as a result, you do not have to find or interact with any suppliers. you can also go to a drop shipping trade show. by attending local wholesale and drop shipping trade shows, you can form drop shipping arrangements face to face. you can also use a print-on-demand com.
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👀 What You NEED To Know Before Dropshipping
you know what, despite the several successful dropshipping case studies on this channel, i still occasionally get people leaving comments like drop shipping is dead, if it was ever properly alive to begin with. increasing e packet rate- it literally kills drop shipping. it's too late for this business. most businesses fail. i will never waste my time and money trying to start a business ever again, and if you're smart, you'll do the same thing. hmm, yeah, well, okay, obviously, i strongly disagree with those comments, because here's the thing: a lot of people will say things like drop shipping is dead or it's too late, or businesses don't work, and the reason why they're saying these things is because they are making several assumptions that are all wrong, and so, if you are looking to start a store, it's crucial, then, that you understand what these assumptions are before you start drop shipping so that, unlike these people, your store can be successful, because, no, it is not too late. one people won't buy from you. they'll just buy from amazon instead. but wait, sarah, you ask: why would anyone buy products from me if they can buy products directly from amazon themselves? now, it is absolutely true that if you head on over to amazon, that you will find lots of products that can be purchased directly from aliexpress, sitting on amazon's digital shelf as well. and, of course, if customers were to purchase your products on amazon, they would then get to take advantage of their prime two-day shipping. so how on earth could drop shippers successfully dropship these guitar coffee spoons with two to three week shipping via china's cheapest, fastest shipping option- a packet, when a customer could come and buy them on amazon with two-day shipping? i mean, come on, sarah, just think about it. amazon is only growing. in q3 2019, their product sales were up over 17 from the same time in 2018.. won't amazon steal away all of our sales? no, no, they will not. you see, here's the thing. there is some truth to these comments. amazon is arguably the better deal for usa citizens. it is better for the consumer to purchase the products on amazon. so if they figure out that the product that you are selling them is indeed on amazon for purchase, you can bet that amazon will take that sale away from you. but you know what? we literally don't care. and you know what? drop shippers never have the sorts of people who see a product and decide that they're going to research the absolute best deal, for it were never our customers in the first place. nope, it's the 44 of people that impulsively purchase products online that we are targeting and, of course, as shown by how millennials are even more prone to impulsive purchases, with 80 of them impulsively buying products, the overall percentage of impulse e-commerce purchases for us to target as drop shippers is only growing and growing. you see, successful drop shipping stores are built around that target customer, the type of customer that enjoys impulsively purchasing products. it also means that the successful drop shipping stores are usually built around selling products that spike an emotion in a customer that makes them think: i need to buy this right now. it's why this aliexpress dog caller has made hundreds of thousands of dollars. the advertising dropshippers used spike fear and dog owners pointing out how many dogs dying in car accidents each year from not being seen. that is why, when recently, i saw this comment from this viewer asking why their online store wasn't successful, i pretty much instantly knew that the store would be selling extremely boring products. and lo and behold, i was right. now, of course, this is actually a print on demand store, not a drop shipping store, but the exact same principle applies. why would somebody want to buy this hoodie when they can go to amazon and find cheaper hoodies and shirts with inspirational messages on there, because here is the reality. typing vision in a plain white circle is not exciting. so let's compare this hoodie to this hoodie. what is the difference between the two? well, the difference is that one hoodie is very boring and the other is extremely interesting, unique and unlike anything people are likely to have seen before, which is why this hoodie's facebook advertising campaign made so much money for the successful aliexpress dropshipping store. freaky pet. and, of course, if you're ever wondering, this exact same answer applies to the people that ask the question: why would customers not go directly to aliexpress themselves? well, again, it's because good aliexpress drop shippers sell products that trigger emotions on people and get them to impulsively buy their products, so that they never even think to go check if a product is on aliexpress, because they see and go. that's so amazing. i must buy one now. and, by the way, if you've learned something from this video and you would like to learn even more about starting a successful drop shipping store, then be sure to subscribe and click that little notification bell next to it so that you don't miss out on any of our videos. two, dropshipping is a scam. i just want to quickly address this because these comments are really dumb. you know, you might have notiked that earlier in this video i freely admitted that it would be a fast, superior financial choice for a customer to buy this hoodie on amazon with two day shipping for a fraction of the price compared to what they would pay for it on freaky pet. and so what do people say to that? oh, the customer can get it cheaper, elsewhere, quicker. that makes your store a scam. nope, it does not. number one: if it weren't for your facebook ad, the customer would never have known about that product that they really enjoyed getting in the first place. people really love this hoodie and we're really grateful that it was advertised to them and they bought it. you had to pay for that advertising to do that, which you pass on to the customer. amazon doesn't advertise products. customers have to find them themselves. and number two, as an entrepreneur, you are in no way obligated to offer your product for the lowest price. here are two coffee shops around the corner from my apartment. they are across the road from each other. i walked into coffee shop a and bought my favorite coffee, a long black, for three dollars- and yes, i know that overseas the phrase long black might conjure up some different thoughts, but here in new zealand, and over in australia too, a long black simply refers to pouring an espresso shot over 100 to 120 mls of boiling water to create a stronger version of an americano with creamer. next i went into coffee shop b and again order long black, but this time it cost four dollars- completely different prices for an extremely similar product. and you know what? coffee shop a's three dollar coffee was the best. would you say that coffee shop b is a scam for charging a higher price for a worse version of this coffee? no, you would not. pricing is entirely subjective and is actually determined by the customer, not you. you present the customer with the price and it is up to them to decide if that price is worth it or not. and at the end of the day, if freaky pet are able to create a marketing campaign that gets people to purchase their hoodie for a higher price while being entirely upfront about the shipping times, then they 100 deserve that sale. 3. drop shipping is saturated. perhaps the most bizarre of all the claims is that drop shipping is dead and it's over since. well, it's saturated. and the truth is when i see comments like this, it blows my mind, because this comment literally makes no sense. here is what market saturation literally is. it's when a product has been maximized in a market, in other words, when all of the people who would want that product have bought it already. and here is what drop shipping is. drop shipping is when a customer buys a product that you've listed in your store for a markup price. when they do, you go to the manufacturer and you purchase that one product for the wholesale price and then have the
How To Start Dropshipping in 2023 (FOR BEGINNERS)
you made a goal to finally start your Java shipping store, but you're probably running into a problem called information overload. you don't know exactly where to start, what strategies that you should be using, and you're probably feeling very overwhelmed with how popular Drop Shipping is becoming. it is now a high level skill that can be making you some serious money online, so you want to know exactly how to start with no confusion left on the table. that's why, today, I'm going to be breaking down a beginner friendly, step-by-step tutorial on how you can get started with Drop Shipping in 2023. so, by the end of this video, you feel fully confident in the ability to know exactly how to get started, and I'm not going to just leave it at that. once this video reaches 1500 likes, I'm going to give you a product list of the top 10 winning and training products that you need to be selling right now. so if you want full access to this product list, smash that like button down below. subscribe to this channel so I can release all the links to these products and help you get started in the right direction. so, without further Ado, let's go ahead and jump right into it. what's going on? my name is AC Hampton. I'm an a-figure marketer who has generated sales just like this, all from starting and branding drop shipping stores. while doing this, I also get to teach students from all over the world how to generate results with their own job streaming stores and make money online. if you want to experience what being a student in my one-on-one mentorship feels like, each week I get to hand out a free Consulting call to one lucky winner. so if you want the opportunity of getting on this call and go over anything you may be struggling with and answering all of your questions along the way, all you have to do is smash that like button down below and, in the comment section, comment the word Dropship with your biggest takeaway from this video. now, there's a ton of information out there in regards to starting your own dropshipping business, but let's take it all the way from the top, and the top is creating your online store. you cannot run an online business without a storefront, so let's hop into how you're going to get it and how you're going to build it. so we're heading over here to Shopify and, as you can see, you can start a seven day free trial, no credit card required in your next three months on only costing you one dollar by clicking on the link down in my description now. this is great for you, especially while just starting off, because you're immediately cutting down on the expenses that start in your online store can come with. so make sure to go ahead and check that out now. Shopify is a platform that your website will be built on and where you'll have the actual store from for the product or products that you're selling. now there are other e-commerce platforms out there that you may have heard of, but Shopify is by far the most reliable and beginner friendly, so I highly suggest that you start there. so, once you're on this page, you're going to come down over here to enter your email address and just go ahead and enter that and then, after entering your email you're sending, go to start free trial. then this screen will come up. you'll just do- I'm just starting- click on an online store and click next. you can go ahead and skip this part right here, and then this is going to be the next screen that you see, and then here you can go ahead and just name your store and, like I said, I would not spend a lot of time on this. you don't want to overthink this. just keep this very simple and very general. wherever your business is located, you'll go ahead and click on next, continue with email, create your password word and then create Shopify ID. now we just open up a new store with the free trial, and you're already 10 steps ahead of where you previously were at the beginning of this video, because your store is officially open. now let's go ahead and get into the build and everything that you'll need to make sure that, when customers are coming to your store, they always leave with purchasing something and putting more money back into your pocket. now the first thing that you want to do is head over to your Shopify App Store and search for an app called autods, and it's as simple as this. you come over here to apps, you type in Auto DS and click on enter, and this is what the Shopify App Store looks like, and it's going to be this one right here that says Auto DS- all-in-one Drop Shipping, and autods is literally an all-in-one Drop Shipping tool that you need on your online store. this app will allow you to connect your store to different suppliers that you may be wanting to use to help sell your product. they'll let you browse through potential products that you can be selling, and it even has the capability to fulfill the orders you're getting on your store automatikally and send out tracking information directly to your customer. I mean, Auto DS is going to make running your job- streaming business- as a beginner- as seamless as possible. I wish- I mean I wish- they had apps like that when I first started my Drop Shipping Journey, because automation is everything, and that's exactly what this app will give to you. I'm gonna go ahead and add this app into my store and it's just as simple as clicking add app and then install app. now that we have Auto DS downloaded, the next thing we need to do is connect this with our Shopify store. so this is gonna be the first screen you'll see. you'll go to add store, come to this plus sign where it says ad store at the bottom, click on Shopify store and click continue. you come back over here to your Shopify, highlight the actual HTML and then go ahead and add that to your store. and it's as simple as that. and if you want to make sure it's connected, you should see your actual Shopify store right here at the top left corner. now, before we head into the overall build of your store and making sure that you have all the necessary instructions. then get your store off the ground and running. my team and I do provide Hands-On, one-on-one guidance to help you directly with learning strategies of running your online store that can help you make money not just for short term but for a lifetime. so if you're ready to take action and start learning with my team and I by your side, make sure you head over to my Instagram at AC, underscore Hampton, DM me the word mentorship or apply with the link down in my description so I can reach out and help you get started. now that we have Auto DS connected, you're going to want to start off with importing your first product to your store, but in order to import a product, you have to know what you're looking for in a product that you should be selling. it is not smart to come into Drop Shipping thinking you can just sell any and everything, because that's going to cause you to spend a lot of time and money into the wrong direction. when you're scrolling through your products on autods and looking for one that you could be selling, you want to make sure that the product is hitting some very important key factors when, number one being that it solves some sort of problem. now, this is because a product that solves a problem is likely to sell for a longer period of time. secondly, that it can be sold for 25 or more. by doing a quick search for the product on Google, you can see on average what your competition is selling the product for, and if it's being sold for less than 25 dollars, you'll find that you're spending more money in ads than what you're actually making from selling it. so let's take this product right here as an example. so this is the anti-theft travel backpack, and you can see when I'm on Google and I'm actually searching for this. you can see that most of these products are over 25, if not all of them. so this is telling me right away that this is being sold for 25 or more across the entire market. and lastly, you want to make sure that there is demand in the market for the product that you're selling. an
Easiest Way To Start Dropshipping From Scratch (Exactly What I Did)
trying to start a dropshipping store can be overwhelming. with so many different steps and strategies, it's hard to even know where to start. so in this video, i'm going to share my exact strategy for starting a new drop shipping store from scratch, and in the last couple months, i've built a new store with this strategy, and that store has already done close to 900 000 in sales. so if i had to start over today, this is exactly what i would do. if you're new here, my name is jordan and i'm currently documenting the entire process of growing my online business with as much transparency as possible, so that i can lead by example and help you start your own online business this year. so if you're interested in starting your own online store and you want to follow my journey, make sure to subscribe for new videos every single friday. all right, let's get started. firstly, i want to show you some live results that i'm getting with this exact strategy. so it's around halfway through the day and i've already generated around 3 800 in sales on this store. the profit margin is pretty good as well. i've done almost fifteen hundred dollars in profit, which is almost a forty percent profit margin, and if we take a look at yesterday's stats, you can see i sold around sixty seven hundred dollars and made around eighteen hundred dollars in profit. i just wanted to prove to you that this is working right now. so you know it's worth your time to watch this whole video. so there are four main things that go into building a successful drop shipping store. the first one is your product. the second one is your store. the third is your marketing and how you get customers, and the fourth is running your business and shipping out your orders. now i'm gonna break down each of these one by one as simple as possible. so let's get started with products. so without a winning product, it's pretty much impossible to have success with drop shipping. thankfully, there are a ton of products out there that you can sell. every single week, new winning products pop up, so the opportunities are always fresh. there's really only three things that i look for when determining if a product is a winning product. the first thing is if the product has been recently trending on facebook and instagram. what i mean by trending is that there is a ad that is getting a ton of views, shares, comments and likes and people are going crazy for the product. this is a great sign that you can make money off of this product because people are already interested in it. as long as you do something a little bit better than the person that's already selling it, you can swoop right in, compete with them and make money selling that same product. this is exactly what i've done for every single one of my winning products and it's worked time and time again. the next thing i look for is mass appeal. my favorite type of products are the ones that can be sold to the masses. i don't love the extremely narrowed down products that only apply to a small set of people. yes, they will buy the product, but if we ever want to scale and build something big, we need something that we can sell to almost everybody. it's okay if it's a little narrow, like it's only for women or it's only for men, but the broader the better. the last thing i look for is good profit margins. what i consider to be good profit margins is being able to sell the product for three times the cost it takes to ship it out to the customer. so if the product costs you around 10 to send it to your customer, you want to be able to sell it for at least 30, and that's pretty much all i look for in a winning product. let me show you a live example of exactly what i'm toking about. okay, so this product is an absolute banger. basically, it is a garden privacy fence that you set up in your backyard. as you can see, this product was launched on march 8th of this year and they've already got over 70 000 likes on this post. if you check out the comments, people are going crazy for this. they love it, they really enjoy the product. but the people that are selling it aren't doing a good job and if we look at their video, it's not really that good. and then if we go to their website, it's the same thing. it's really not that good. this product has great profit margins as well. you can see that it cost around four dollars on the low end to ship to a customer and they're selling it for anywhere from 1999 all the way up to almost a hundred dollars per sale. so if you came in and made a slightly better video, a slightly better website, you could clean up off of this product and make a ton of money. so, like i said, that product is an absolute banger and a perfect example of a winning product. now, how do you find these products? the tried and true method that i've been using for years is simply just looking on your facebook and instagram feed. every single day, you're going to get targeted with ads for drop shipping products eventually, and every time you get targeted with one of these ads, you need to show facebook that you're interested. so you want to go to the ad, you want to like, you want to comment, you want to go to the website, you want to click add to cart and show facebook that you're trying to buy stuff like this. so they will start recommending you more products and your feed is just going to become the best product research tool that you have. that's my favorite method, but i also created a tool that automates this process. so if you want to check that out, click the link down below. alright, so step number one is finding a product that fits this criteria. so once you've got that product, now you've got to build a store. now there are a couple different types of stores that you could build. you could build a general store, which is a store that has a bunch of random products all around it. you could build a one product store, which is a store that only focuses on selling one main product, or you can build a hybrid store, which is what i recommend. building a hybrid store combines the benefit of a one product store and a general store. with a general store, you have freedom to test a bunch of products, and with a one product store you're limited, but you're gonna have a higher conversion rate and people are gonna trust you much more than a general store. with a hybrid store, you're creating the same branded feel that a one product store would have, but with the freedom to test a bunch of products. i think it's better if i just show you an example. so this is a sample store that i created. that would actually be perfect for the product i just showed you. the store is called flora flow. as you can see, it's pretty much focused entirely on home and garden based products. it has a nice branded design, it has a good logo, it's easy to browse and shop around and overall, it feels like a trustworthy site. i recently made a video on exactly how i built this store, so after you watch this one, feel free to check that out. the one tip i will give in this video is to model your store off of what's already working. this is not some brand new design i came up with. i just put my own little twist on what was already working. you don't have to reinvent the wheel. you just have to take what's working and add a little bit of your own sauce to it. so i would advise taking your product, building a store like this and filling it up with products that are similar to the one you're selling. here's another really good example of a hybrid store. this one is called arctik shirt and, as you can see, they sell a bunch of home decor products as well. they have the moon lamp, this kitchen set, they have bedding. they have all types of products, but the store is really nice, branded and feels extremely trustworthy. in my opinion, this is the best approach for beginners, so give it a try. next up, you need to get some traffic and customers to your website. personally, my favorite method for starting with a new store is facebook ads. it does cost a little bit of money to run ads on facebook, so i recommend that you have at least a couple hundred dollars.