How I Made $10,000 in my FIRST WEEK Dropshipping!
Published on: December 8 2022 by Andrew Ethan Zeng
How I Made $10,000 in my FIRST WEEK Dropshipping!
Table of Contents
How I Made $10,000 in my FIRST WEEK Dropshipping!
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00:00:00 | 00:00:05 | what's up fam, in this video I'm gonna show you how I made $10,000 with my |
00:00:05 | 00:00:10 | brand new drop shipping store that I made in just a week that's right five |
00:00:10 | 00:00:15 | figures in three days with a store that I made in a week I'm telling you now if |
00:00:15 | 00:00:20 | I can do it you guys can do it too let's go |
00:00:20 | 00:00:26 | so as you can see I'm currently in the backend of my new Shopify store in the |
00:00:26 | 00:00:32 | overview dashboard and what I'll do right now is set the dates to the three |
00:00:32 | 00:00:36 | days I was toking about when I launched my store so essentially I launched my |
00:00:36 | 00:00:44 | store on the 19th on the Sunday but we will look at the three dates 24 to the |
00:00:44 | 00:00:52 | 26 so let me set that in guy's 24th 25th and 26 and look I wasn't kidding guys |
00:00:52 | 00:00:59 | let me hit apply I literally made in those three days $11,000 guys you know |
00:00:59 | 00:01:04 | that's pretty insane that's over 10,000 dollars in sales in quite literally |
00:01:04 | 00:01:12 | three days 3199 people visited the store and of that lot I've made $11,000 |
00:01:12 | 00:01:17 | super-stoked it clearly went gangbusters if you don't |
00:01:17 | 00:01:22 | already know these specific dates twenty-fourths 226 is obviously Black |
00:01:22 | 00:01:28 | Friday in the cyber weekend that was deliberate so I set this store up with |
00:01:28 | 00:01:35 | the intention of opening the store and optimizing it in time for that huge sale |
00:01:35 | 00:01:41 | weekend and here we are you know crazy crazy sales and let's go and further |
00:01:41 | 00:01:46 | beyond that and I was super stoked with eleven thousand dollars I couldn't have |
00:01:46 | 00:01:51 | asked for more but you know with the ads optimized at that point I went ahead |
00:01:51 | 00:01:59 | essentially and let's look at the let's look at the date range from 24th - let's |
00:01:59 | 00:02:07 | include some of Monday's wall and Tuesday hit apply guys this is pretty |
00:02:07 | 00:02:14 | insane like I said 14,000 dollars made in literally four days |
00:02:14 | 00:02:19 | that's almost 15,000 that's almost 15,000 in literally only four days in my |
00:02:19 | 00:02:24 | first week dropshipping just a couple months ago I was in the same situation |
00:02:24 | 00:02:29 | as most of you guys watching this video now to be honest I was motivated but |
00:02:29 | 00:02:33 | just didn't know where to start I didn't know who's gonna be worth my time my |
00:02:33 | 00:02:38 | money you know my efforts but fast forward two months at this point in time |
00:02:38 | 00:02:42 | right now you know I'm so excited to share my story at the moment because it |
00:02:42 | 00:02:46 | definitely was I'm telling you it definitely works and if you have the |
00:02:46 | 00:02:53 | motivation use my tips today and you can get there you can create a passive |
00:02:53 | 00:02:57 | lifestyle that you want to make for yourself but before it gets that point I |
00:02:57 | 00:03:00 | just want you guys to know a little bit more about me so my name's Ethan |
00:03:00 | 00:03:06 | and I currently work a digital marketing job and have been for a few years you |
00:03:06 | 00:03:10 | know during that time I climbed up the ladder relatively quickly so outside of |
00:03:10 | 00:03:15 | work obviously I hustle you know I work my projects I work on my e-commerce |
00:03:15 | 00:03:19 | stores generating that passive income but I need to get it to a point where |
00:03:19 | 00:03:24 | it's generous enough for me to live freely I've actually always dabbled in |
00:03:24 | 00:03:30 | e-commerce since I was about 12 or 13 in things like affiliate marketing retail |
00:03:30 | 00:03:35 | arbitrage you know YouTube as well it's actually created a decent amount of |
00:03:35 | 00:03:41 | money back in my teen days and that let me you know travel by the things I |
00:03:41 | 00:03:45 | wanted to buy without relying my parents and that's sort of the lifestyle I want |
00:03:45 | 00:03:50 | to create for myself for the long term rather than the short term I remember |
00:03:50 | 00:03:54 | thinking to myself I was like holy shit you know this could actually be a long |
00:03:54 | 00:03:59 | term geek for my soul so it hit me then you know this passive income is a |
00:03:59 | 00:04:04 | reality and not just a dream for the few out there who are toking about it on |
00:04:04 | 00:04:08 | YouTube for example just how lucrative visit though it's set for double-digit |
00:04:08 | 00:04:13 | growth up until 2020 which means it's going to become a over four trillion |
00:04:13 | 00:04:19 | dollar business guys four trillion dollar business now if you guys want a |
00:04:19 | 00:04:23 | piece of this humongous pie you need to get started today you honestly need to |
00:04:23 | 00:04:27 | get started today while it's still growing some of that |
00:04:27 | 00:04:30 | need to just surround yourself with like-minded people you know you need to |
00:04:30 | 00:04:35 | start subscribing to people like me you need to start subscribing to Tana J Fox |
00:04:35 | 00:04:39 | Mike for still if you haven't already and even just join you know entrepreneur |
00:04:39 | 00:04:42 | groups and surround yourself with like-minded people to get into that |
00:04:42 | 00:04:46 | mindset and propel yourself forward that's enough about me but let's get |
00:04:46 | 00:04:50 | into the meat of this figure I can tok forever about what you guys need to be |
00:04:50 | 00:04:55 | doing what I need to be doing to succeed and create that income but I won't limit |
00:04:55 | 00:05:01 | this video the three main thing in mind you these three things are actually very |
00:05:01 | 00:05:04 | important whether you're just starting out or you've already got your |
00:05:04 | 00:05:09 | dropshipping story on you earning some sort of income these three steps or |
00:05:09 | 00:05:13 | these three tikniques are always going to be important whichever stage you're |
00:05:13 | 00:05:17 | at with your dropshipping store number one product so the first thing is of |
00:05:17 | 00:05:21 | course your product but it's not exactly what you think I know a lot of |
00:05:21 | 00:05:25 | e-commerce gurus out there tell you you know your products the most important |
00:05:25 | 00:05:30 | thing it is and they also say you need to get into the right niche at the right |
00:05:30 | 00:05:35 | time with the right product and you know what I don't tend to agree with those |
00:05:35 | 00:05:39 | guys me personally with this current store I took something that was super |
00:05:39 | 00:05:45 | passionate about in a super overly saturated market and still made ten |
00:05:45 | 00:05:50 | thousand dollars in three days now if I had listened to the Guru's and said you |
00:05:50 | 00:05:53 | know what screw it I'm not going to get into this niche because it's too |
00:05:53 | 00:05:57 | complicated and oversaturated I would have made ten thousand dollars in three |
00:05:57 | 00:06:01 | days what I'm telling you guys is you need to find something that you're super |
00:06:01 | 00:06:07 | passionate about because why I say this is if you take any sort of product and |
00:06:07 | 00:06:13 | you know what you're doing you have the skills to market it correctly and also |
00:06:13 | 00:06:19 | undercut the market then your products gonna succeed no matter what it's tough |
00:06:19 | 00:06:22 | don't get me wrong but if you go about it the right way |
00:06:22 | 00:06:27 | you will make a killing no matter the product because there's always gonna be |
00:06:27 | 00:06:32 | a market out there for it there is so many people out there that |
00:06:32 | 00:06:38 | are constantly buying things online as we speak and there's no reason for them |
00:06:38 | 00:06:40 | not to buy your product you just need to know |
00:06:40 | 00:06:46 | how to undercut the market number two conversion rate optimization or CRO this |
00:06:46 | 00:06:50 | is a really important one fam because CRO is really undervalued it's |
00:06:50 | 00:06:55 | essentially when you look at your website or the platform that you're |
00:06:55 | 00:07:02 | using and tweak it in a way to improve the conversion rate to drive sales or |
00:07:02 | 00:07:05 | the end goal it's a really important step when you first start out because |
00:07:05 | 00:07:10 | you might be losing a lot of conversions if you haven't implemented CRO so |
00:07:10 | 00:07:15 | instead of spending more advertising dollars on Facebook or Google AdWords or |
00:07:15 | 00:07:19 | whatever it might be and pushing more traffic onto your website that traffic |
00:07:19 | 00:07:25 | may be redundant and useless because your website isn't converting very well |
00:07:25 | 00:07:28 | so essentially you're just throwing away dollar bills you know what I mean use |
00:07:28 | 00:07:34 | tools such as lucky orange and I'll put a link in the description below so you |
00:07:34 | 00:07:38 | can download it immediately it's a plugin for Shopify but essentially what |
00:07:38 | 00:07:43 | it does is it lets you look at how users are interacting with your website and |
00:07:43 | 00:07:50 | improve and justify different tweaks or elements on your website so to give you |
00:07:50 | 00:07:56 | an example I had a 20% off bar at the top of my website and by downloading |
00:07:56 | 00:08:00 | like your engine looking at how people were interacting with my website |
00:08:00 | 00:08:05 | essentially you know what I found out it's quite funny actually people were |
00:08:05 | 00:08:11 | trying to click onto the 20% off bar at the top when it was just really a |
00:08:11 | 00:08:17 | notification based on that CRO guys I essentially added a clickable link that |
00:08:17 | 00:08:22 | linked them direct to the sale and as a result of that my conversion rate went |
00:08:22 | 00:08:26 | from 3% which is pretty standard industry average is about 3 to 5% |
00:08:26 | 00:08:33 | it went from 3% and jumped up to 8% guys that's now that's huge so let's just say |
00:08:33 | 00:08:38 | your average sales order is $50 you're making 10 orders a day at a and that's a |
00:08:38 | 00:08:43 | three percent conversion rate right let's just say with lucky orange with |
00:08:43 | 00:08:47 | some CRO you're able to increase that conversion rate to eight percent now |
00:08:47 | 00:08:53 | you'll be making an additional $750 from that job for 3 |
00:08:53 | 00:08:59 | 8% now that's insane guys that's not even spending an additional cent on |
00:08:59 | 00:09:06 | advertising and you're paying $750 more in a single day that's how important CRO |
00:09:06 | 00:09:10 | is guys instead of pushing more traffic and buying more traffic for that matter |
00:09:10 | 00:09:16 | you should focus on CRO and how you should improve your conversion rates on |
00:09:16 | 00:09:20 | your website first before pushing more traffic so we're not starting out lucky |
00:09:20 | 00:09:23 | orange was honestly one of the best tools I could use and I'll link it down |
00:09:23 | 00:09:28 | below again in my description so you guys can check it out and honestly get |
00:09:28 | 00:09:33 | the best bang for your buck in terms of CRO finally number three the last |
00:09:33 | 00:09:38 | element Facebook optimization now when they say Facebook optimization obviously |
00:09:38 | 00:09:42 | this is a big element there's a lot of things that including Facebook |
00:09:42 | 00:09:47 | optimizations like ad copy flex targeting pixel optimization look like |
00:09:47 | 00:09:52 | audience but I cannot stress the importance of optimizing your ads |
00:09:52 | 00:09:57 | Facebook optimization much like dish marketing as a whole is honestly part |
00:09:57 | 00:10:03 | science and part arts ad copy is always undervalued as well from what I've seen |
00:10:03 | 00:10:10 | a copy is extremely extremely important depending on what demographic you're |
00:10:10 | 00:10:14 | targeting or what product is selling emoji is actually working really really |
00:10:14 | 00:10:20 | well find that toking to other entrepreneurs a lot of other people that |
00:10:20 | 00:10:23 | just getting started out dropshipping don't have that much patience and they |
00:10:23 | 00:10:27 | want their picks or their Facebook ad to be optimized immediately that's |
00:10:27 | 00:10:31 | unfortunately not how it works I mean there's ways to get it there quicker to |
00:10:31 | 00:10:35 | that segues onto custom look-alike audiences right look-alike audiences |
00:10:35 | 00:10:40 | super important essentially what it's doing right is basing and people that |
00:10:40 | 00:10:45 | have liked your page from interacted with your ad and targeting similar |
00:10:45 | 00:10:49 | people to the people that have already interacted with your business and now |
00:10:49 | 00:10:53 | this is super important because from what I've seen in the first few days |
00:10:53 | 00:10:58 | when I started out right there's barely any purchases in the first week however |
00:10:58 | 00:11:03 | on that weekend when I set up the look-alike audience it just went viral |
00:11:03 | 00:11:07 | essentially what it's doing is taking someone that's bought your |
00:11:07 | 00:11:11 | product multiplying that by two other people finding those two other people |
00:11:11 | 00:11:15 | targeting them they'll make the two purchases and from there you know four |
00:11:15 | 00:11:19 | more people will be found and they'll start making purchases etc it just keeps |
00:11:19 | 00:11:21 | growing growing growing that's where you scale |
00:11:21 | 00:11:25 | so just to recap three things that are super important that you need to be |
00:11:25 | 00:11:29 | doing or need to take into consideration while starting a dropshipping store or |
00:11:29 | 00:11:33 | to take into consideration while building your dropshipping store number |
00:11:33 | 00:11:37 | one products prior to product just stik to something that you really want to |
00:11:37 | 00:11:41 | sell and just sell it guys cuz it will work if you're doing it correctly |
00:11:41 | 00:11:46 | secondly is conversion rate optimisation so important guys download lucky orange |
00:11:46 | 00:11:51 | today and you'll see how users interact with your current website and make |
00:11:51 | 00:11:56 | adjustments from that and you'll see your percentage of conversions grow and |
00:11:56 | 00:12:01 | that means more revenue obviously and lastly is Facebook make sure you're |
00:12:01 | 00:12:04 | reading up on Facebook tikniques and make sure that you're optimizing your |
00:12:04 | 00:12:08 | ads constantly and be patient with those ads guys because once it hits that |
00:12:08 | 00:12:12 | golden point you're gonna see those dollars just keep on raining down on you |
00:12:12 | 00:12:16 | man it's gonna be great but up until then you just need to be patient look |
00:12:16 | 00:12:20 | there's so much more I could tok about guys but if you like this video give it |
00:12:20 | 00:12:24 | a thumbs up I'll continue to put up more ecommerce tips tricks and content |
00:12:24 | 00:12:29 | basically to help you guys get to where you want to be at the meantime guys feel |
00:12:29 | 00:12:33 | free to leave your comments questions down below in the comment section more |
00:12:33 | 00:12:37 | than happy to help you guys out and answer your questions where I can but |
00:12:37 | 00:12:41 | for now guys keep on hustling |
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