How I Make $100k/Month On Shopify WITHOUT Dropshipping
Published on: November 27 2022 by Jordan Welch
How I Make $100k/Month On Shopify WITHOUT Dropshipping
Table of Contents
How I Make $100k/Month On Shopify WITHOUT Dropshipping
startTime | durationTime | text |
00:00:00 | 00:00:03 | let's get real for a second drop |
00:00:02 | 00:00:05 | shipping is |
00:00:03 | 00:00:06 | not the most sustainable way to grow on |
00:00:05 | 00:00:10 | shopify in 2021 |
00:00:06 | 00:00:12 | oh man now don't get me wrong it is an |
00:00:10 | 00:00:14 | amazing way to get started but it is |
00:00:12 | 00:00:16 | extremely hard to scale for the long |
00:00:14 | 00:00:18 | term and just to be clear i've made well |
00:00:16 | 00:00:20 | over seven figures with drop shipping |
00:00:18 | 00:00:22 | but it's just not how i run my business |
00:00:20 | 00:00:24 | anymore so in this video i'll show you |
00:00:22 | 00:00:26 | exactly how i'm making over a hundred |
00:00:24 | 00:00:28 | thousand dollars a month on shopify |
00:00:26 | 00:00:30 | without drop shipping if you're new here |
00:00:28 | 00:00:32 | my name is jordan and i'm currently |
00:00:30 | 00:00:34 | documenting the entire process |
00:00:32 | 00:00:35 | of growing my ecommerce brand with as |
00:00:34 | 00:00:37 | much |
00:00:35 | 00:00:38 | transparency as possible so if you're |
00:00:37 | 00:00:39 | interested in starting your own online |
00:00:38 | 00:00:41 | store |
00:00:39 | 00:00:43 | make sure to subscribe for new videos |
00:00:41 | 00:00:44 | every single friday |
00:00:43 | 00:00:46 | all right now let's get started firstly |
00:00:44 | 00:00:47 | i want to tok about some of the pros |
00:00:46 | 00:00:48 | and cons of drop shipping i think the |
00:00:47 | 00:00:50 | major cons with the drop shipping |
00:00:48 | 00:00:52 | business model are pretty clear |
00:00:50 | 00:00:54 | terrible customer experience due to slow |
00:00:52 | 00:00:55 | shipping times and a lack of quality |
00:00:54 | 00:00:57 | control |
00:00:55 | 00:00:59 | you typically have a poor customer |
00:00:57 | 00:01:00 | experience which ends up with a bunch of |
00:00:59 | 00:01:03 | bad reviews and upset customers |
00:01:00 | 00:01:05 | which kills your long-term potential for |
00:01:03 | 00:01:06 | this reason alone this business model is |
00:01:05 | 00:01:07 | much less sustainable than the one i'm |
00:01:06 | 00:01:09 | going to share with you today |
00:01:07 | 00:01:11 | and another major con is that it is |
00:01:09 | 00:01:13 | extremely low hanging fruit |
00:01:11 | 00:01:15 | for anybody with a decent skill set to |
00:01:13 | 00:01:16 | come and just steal your product like |
00:01:15 | 00:01:19 | that now drop shipping is not |
00:01:16 | 00:01:20 | all bad there are some benefits to it i |
00:01:19 | 00:01:21 | think for a beginner with next to no |
00:01:20 | 00:01:22 | money |
00:01:21 | 00:01:24 | it's a pretty good way to learn the |
00:01:22 | 00:01:26 | basic skill sets |
00:01:24 | 00:01:28 | and having the freedom to test a variety |
00:01:26 | 00:01:30 | of products without having to spend a |
00:01:28 | 00:01:32 | bunch of money on ordering inventory so |
00:01:30 | 00:01:33 | i'm not against drop shipping all the |
00:01:32 | 00:01:35 | way but it's just not how i run my |
00:01:33 | 00:01:37 | business anymore so how am i currently |
00:01:35 | 00:01:39 | running my shopify business well |
00:01:37 | 00:01:40 | it's surprisingly simple but it's so |
00:01:39 | 00:01:42 | much more effective |
00:01:40 | 00:01:44 | basically i'm running a branded shopify |
00:01:42 | 00:01:47 | store this is a store that focuses on |
00:01:44 | 00:01:47 | selling one main product or a variety of |
00:01:47 | 00:01:50 | products |
00:01:47 | 00:01:52 | that are directly related this store has |
00:01:50 | 00:01:53 | a premium look and feel similar to the |
00:01:52 | 00:01:55 | biggest companies out there |
00:01:53 | 00:01:57 | and as opposed to drop shipping i |
00:01:55 | 00:01:59 | actually hold inventory for this product |
00:01:57 | 00:02:00 | and ship it with private shipping lines |
00:01:59 | 00:02:02 | now as a beginner |
00:02:00 | 00:02:04 | this might sound a little overwhelming |
00:02:02 | 00:02:06 | to get to this level but i promise you |
00:02:04 | 00:02:08 | it's possible and it's so worth it so |
00:02:06 | 00:02:10 | now i'm going to share my three steps |
00:02:08 | 00:02:12 | for going from this traditional drop |
00:02:10 | 00:02:14 | shipping model to building a brand and |
00:02:12 | 00:02:15 | making money without drop shipping so |
00:02:14 | 00:02:17 | the first step |
00:02:15 | 00:02:19 | is to find a winning product now |
00:02:17 | 00:02:20 | honestly you could just pick a product |
00:02:19 | 00:02:22 | and go directly |
00:02:20 | 00:02:24 | to ordering inventory and fulfilling it |
00:02:22 | 00:02:26 | in-house but i don't think that this is |
00:02:24 | 00:02:27 | the most effective way |
00:02:26 | 00:02:28 | because if you can't get the ads for |
00:02:27 | 00:02:30 | that product to work you're going to be |
00:02:28 | 00:02:32 | stuck with inventory and you're going to |
00:02:30 | 00:02:33 | lose way more money than you need to so |
00:02:32 | 00:02:35 | i would totally advise |
00:02:33 | 00:02:37 | finding your first winning product with |
00:02:35 | 00:02:39 | drop shipping there's a specific type of |
00:02:37 | 00:02:41 | store that i recommend |
00:02:39 | 00:02:42 | testing products on that has the highest |
00:02:41 | 00:02:45 | conversion rate |
00:02:42 | 00:02:47 | and is exactly what i use to test and |
00:02:45 | 00:02:49 | find the winner i'm selling today |
00:02:47 | 00:02:51 | and i've gone ahead and created a sample |
00:02:49 | 00:02:53 | of exactly what this story looks like |
00:02:51 | 00:02:54 | so you guys can get some inspiration so |
00:02:53 | 00:02:57 | let's take a look this is |
00:02:54 | 00:02:59 | a sample store that looks identikal to |
00:02:57 | 00:02:59 | the one that i found my winning product |
00:02:59 | 00:03:02 | on |
00:02:59 | 00:03:04 | i would classify this store as a broad |
00:03:02 | 00:03:06 | niche store in the plant and gardening |
00:03:04 | 00:03:06 | niche what a store like this allows you |
00:03:06 | 00:03:09 | to do |
00:03:06 | 00:03:11 | is freely test products just like you |
00:03:09 | 00:03:14 | would be able to on a general store |
00:03:11 | 00:03:16 | but with a premium and trustworthy feel |
00:03:14 | 00:03:16 | that you would have on a legitimate |
00:03:16 | 00:03:18 | brand |
00:03:16 | 00:03:20 | a store like this is not too difficult |
00:03:18 | 00:03:22 | to set up i'm using the |
00:03:20 | 00:03:24 | impulse theme for this store and it took |
00:03:22 | 00:03:26 | me a couple hours to put it together |
00:03:24 | 00:03:28 | if you want to see a step-by-step guide |
00:03:26 | 00:03:30 | on how i built this store |
00:03:28 | 00:03:32 | i've included a full tutorial inside of |
00:03:30 | 00:03:34 | my ecom toolkit viral vault which you |
00:03:32 | 00:03:36 | can check out in the link down below |
00:03:34 | 00:03:37 | so step number one build out a nice |
00:03:36 | 00:03:40 | professional broad |
00:03:37 | 00:03:42 | niche store test products with facebook |
00:03:40 | 00:03:44 | ads and once you find that winner it's |
00:03:42 | 00:03:45 | time for step two and taking things to |
00:03:44 | 00:03:48 | the next level so step two |
00:03:45 | 00:03:49 | is stop dropshipping from aliexpress and |
00:03:48 | 00:03:52 | improve your fulfillment |
00:03:49 | 00:03:54 | this step alone takes your brand to a |
00:03:52 | 00:03:56 | much higher level now your customers are |
00:03:54 | 00:03:57 | happier you feel better about your |
00:03:56 | 00:03:59 | business and you're going to be making |
00:03:57 | 00:04:01 | so much more money in the long term |
00:03:59 | 00:04:01 | because of it to get away from drop |
00:04:01 | 00:04:03 | shipping is |
00:04:01 | 00:04:05 | quite simple and i'm gonna break down |
00:04:03 | 00:04:07 | exactly how to do it right now |
00:04:05 | 00:04:09 | so without a doubt the best website for |
00:04:07 | 00:04:11 | sourcing your products when trying to |
00:04:09 | 00:04:13 | stop drop shipping |
00:04:11 | 00:04:15 | is alibaba alibaba allows you to connect |
00:04:13 | 00:04:16 | directly to the manufacturers of the |
00:04:15 | 00:04:18 | product so you don't have to pay the |
00:04:16 | 00:04:20 | extra middleman prices that you would be |
00:04:18 | 00:04:21 | paying on aliexpress |
00:04:20 | 00:04:23 | this also means that you're going to be |
00:04:21 | 00:04:24 | getting the best possible pricing for |
00:04:23 | 00:04:26 | your product |
00:04:24 | 00:04:28 | and be able to order your products in |
00:04:26 | 00:04:30 | bulk so as you can see on this store i'm |
00:04:28 | 00:04:31 | selling a variety of plant and garden |
00:04:30 | 00:04:33 | based |
00:04:31 | 00:04:35 | products and if we do a quick search on |
00:04:33 | 00:04:36 | alibaba you're gonna see a lot of the |
00:04:35 | 00:04:38 | same products |
00:04:36 | 00:04:40 | for so much cheaper than you would find |
00:04:38 | 00:04:42 | on aliexpress for example |
00:04:40 | 00:04:43 | to fulfill this product on aliexpress |
00:04:42 | 00:04:46 | it's going to cost us around |
00:04:43 | 00:04:47 | 15 but once we validate the product that |
00:04:46 | 00:04:49 | is working |
00:04:47 | 00:04:50 | we can actually find that same product |
00:04:49 | 00:04:53 | on alibaba |
00:04:50 | 00:04:54 | for only two dollars and 50 cents a unit |
00:04:53 | 00:04:56 | and if we do an |
00:04:54 | 00:04:58 | order for over a thousand pieces which |
00:04:56 | 00:05:00 | is totally fine as long as the product |
00:04:58 | 00:05:00 | is working we can actually customize the |
00:05:00 | 00:05:03 | product |
00:05:00 | 00:05:05 | and directly put our logo on it and if |
00:05:03 | 00:05:07 | we do at least 500 pieces |
00:05:05 | 00:05:09 | we can put our own logo on the box these |
00:05:07 | 00:05:10 | three things alone are going to elevate |
00:05:09 | 00:05:11 | your store to the |
00:05:10 | 00:05:13 | next level you're going to be making |
00:05:11 | 00:05:14 | more money per sale you're going to have |
00:05:13 | 00:05:16 | your product branded |
00:05:14 | 00:05:18 | and a better unboxing experience for |
00:05:16 | 00:05:19 | your customers if you guys are looking |
00:05:18 | 00:05:20 | for some incredible products that are |
00:05:19 | 00:05:22 | super |
00:05:20 | 00:05:24 | untapped make sure to tap into the march |
00:05:22 | 00:05:27 | expo that alibaba is hosting |
00:05:24 | 00:05:28 | this is where they unveil a lot of the |
00:05:27 | 00:05:29 | newest designs |
00:05:28 | 00:05:31 | and products that have yet to hit the |
00:05:29 | 00:05:32 | market it's very similar to going to a |
00:05:31 | 00:05:34 | trade show |
00:05:32 | 00:05:36 | in person and getting to be one of the |
00:05:34 | 00:05:37 | first people to look at these products |
00:05:36 | 00:05:38 | before they take off |
00:05:37 | 00:05:40 | and as you can see they're going to be |
00:05:38 | 00:05:42 | showing you the new product arrivals |
00:05:40 | 00:05:43 | they're top ranking products in all |
00:05:42 | 00:05:45 | categories |
00:05:43 | 00:05:47 | and they're even going to show you their |
00:05:45 | 00:05:48 | personal recommendations for products |
00:05:47 | 00:05:50 | that are going to take off this year so |
00:05:48 | 00:05:50 | i'm going to put the link for this down |
00:05:50 | 00:05:52 | below |
00:05:50 | 00:05:53 | make sure you guys take a look at this |
00:05:52 | 00:05:55 | because you're going to be able to find |
00:05:53 | 00:05:56 | some incredible products there so once |
00:05:55 | 00:05:58 | you've searched around and found the |
00:05:56 | 00:05:59 | best supplier for your product on |
00:05:58 | 00:06:01 | alibaba |
00:05:59 | 00:06:02 | it's time to start working with an agent |
00:06:01 | 00:06:03 | an agent is somebody that can reach out |
00:06:02 | 00:06:06 | directly |
00:06:03 | 00:06:07 | to that manufacturer negotiate a better |
00:06:06 | 00:06:08 | price for you |
00:06:07 | 00:06:10 | and handle all of the fulfillment |
00:06:08 | 00:06:12 | process for your store |
00:06:10 | 00:06:14 | there are a ton of people that offer |
00:06:12 | 00:06:17 | this service the company that i use |
00:06:14 | 00:06:19 | is called ecom ops i'm not sponsored by |
00:06:17 | 00:06:20 | them i literally use them in my store |
00:06:19 | 00:06:22 | and they do a tremendous job |
00:06:20 | 00:06:23 | i'm pretty sure they're booked up with |
00:06:22 | 00:06:25 | clients but like i said there are a ton |
00:06:23 | 00:06:26 | of options for agents |
00:06:25 | 00:06:28 | and i'll go ahead and put a couple of |
00:06:26 | 00:06:29 | them down below in the description so to |
00:06:28 | 00:06:31 | get away from drop shipping it's really |
00:06:29 | 00:06:33 | not that difficult the hardest part is |
00:06:31 | 00:06:34 | actually testing and finding that |
00:06:33 | 00:06:36 | winning product |
00:06:34 | 00:06:38 | but once you have it it's not hard to |
00:06:36 | 00:06:39 | get away from drop shipping |
00:06:38 | 00:06:41 | and start holding your own inventory and |
00:06:39 | 00:06:43 | once you get past that stage it's all |
00:06:41 | 00:06:44 | about just growing your business further |
00:06:43 | 00:06:46 | these are really the things that i'm |
00:06:44 | 00:06:48 | focusing on right now in my brand |
00:06:46 | 00:06:50 | trying to take this to a multi-seven |
00:06:48 | 00:06:52 | figure a year level i'm primarily |
00:06:50 | 00:06:54 | focusing on building out my team |
00:06:52 | 00:06:56 | further you know hiring more customer |
00:06:54 | 00:06:58 | service people hiring people to manage |
00:06:56 | 00:07:00 | my social media page hiring people to |
00:06:58 | 00:07:02 | create content more people to run my ads |
00:07:00 | 00:07:05 | i want to build a squad of motivated |
00:07:02 | 00:07:05 | people so that we can really create an |
00:07:05 | 00:07:07 | asset |
00:07:05 | 00:07:09 | i focus heavily on improving my store so |
00:07:07 | 00:07:11 | i'm constantly testing different things |
00:07:09 | 00:07:11 | i even paid a couple thousand dollars to |
00:07:11 | 00:07:14 | have |
00:07:11 | 00:07:16 | a design firm come in and redesign my |
00:07:14 | 00:07:17 | whole website i'm trying to create as |
00:07:16 | 00:07:19 | much content as i can so |
00:07:17 | 00:07:21 | i'm constantly filming videos for my |
00:07:19 | 00:07:22 | product having my friends take photos |
00:07:21 | 00:07:24 | with my products |
00:07:22 | 00:07:26 | and just trying to stack up as many |
00:07:24 | 00:07:28 | photos and videos as possible as a brand |
00:07:26 | 00:07:30 | this is one of the most important things |
00:07:28 | 00:07:32 | and it really elevates you to the next |
00:07:30 | 00:07:32 | level and ultimately just focusing on |
00:07:32 | 00:07:35 | improving |
00:07:32 | 00:07:37 | one percent every single day so that's |
00:07:35 | 00:07:38 | pretty much exactly how i'm making over |
00:07:37 | 00:07:40 | a hundred thousand dollars a month |
00:07:38 | 00:07:42 | without drop shipping so i hope this |
00:07:40 | 00:07:43 | title wasn't too much of click bait |
00:07:42 | 00:07:45 | because yes |
00:07:43 | 00:07:46 | i did use drop shipping to get to this |
00:07:45 | 00:07:48 | level but |
00:07:46 | 00:07:50 | the second that you have the opportunity |
00:07:48 | 00:07:53 | to stop drop shipping you need to do it |
00:07:50 | 00:07:55 | immediately because it is the only way |
00:07:53 | 00:07:56 | to run your business for the long term |
00:07:55 | 00:07:57 | so thank you guys so much for watching |
00:07:56 | 00:07:59 | this video |
00:07:57 | 00:08:00 | the links to everything i mentioned are |
00:07:59 | 00:08:02 | going to be down below in the |
00:08:00 | 00:08:04 | description i try my best to answer |
00:08:02 | 00:08:05 | every comment down below as well so if |
00:08:04 | 00:08:06 | you have questions about anything i said |
00:08:05 | 00:08:08 | in this video |
00:08:06 | 00:08:10 | feel free to let me know so that's all |
00:08:08 | 00:08:12 | for now thank you so much for watching |
00:08:10 | 00:08:14 | make sure to drop a like and subscribe |
00:08:12 | 00:08:15 | for new videos every single friday and i |
00:08:14 | 00:08:18 | hope you have an |
00:08:15 | 00:08:20 | amazing weekend i'll see you guys in the |
00:08:18 | 00:08:23 | next video |
00:08:20 | 00:08:23 | peace |
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