How I'm Preparing For Q4 With My Shopify Dropshipping Store
Published on: December 6 2022 by Shri Kanase
How I'm Preparing For Q4 With My Shopify Dropshipping Store
Table of Contents
How I'm Preparing For Q4 With My Shopify Dropshipping Store
| startTime | durationTime | text |
| 00:00:00 | 00:00:04 | if you're not already getting ready for |
| 00:00:02 | 00:00:06 | q4 you're going to be left behind big |
| 00:00:04 | 00:00:06 | time |
| 00:00:10 | 00:00:14 | yo what's going on everyone shree kanase |
| 00:00:12 | 00:00:17 | here and in this video i'm going to be |
| 00:00:14 | 00:00:20 | telling you guys exactly how you can get |
| 00:00:17 | 00:00:23 | prepared for q4 also known as quarter |
| 00:00:20 | 00:00:25 | four of the tax here and basically make |
| 00:00:23 | 00:00:28 | a lot of money in q4 but before |
| 00:00:25 | 00:00:29 | continuing on with this video if you are |
| 00:00:28 | 00:00:31 | new to this channel and have not |
| 00:00:29 | 00:00:33 | subscribed yet what are you waiting for |
| 00:00:31 | 00:00:34 | this is free quality content you get |
| 00:00:33 | 00:00:36 | basically every week so just hit that |
| 00:00:34 | 00:00:38 | little subscribe button down below it |
| 00:00:36 | 00:00:40 | takes literally a second and you get put |
| 00:00:38 | 00:00:43 | on a little winners list as i like to |
| 00:00:40 | 00:00:45 | call it because you stay up to date with |
| 00:00:43 | 00:00:47 | this content that i put out for shopify |
| 00:00:45 | 00:00:49 | and let's jump right into this all right |
| 00:00:47 | 00:00:51 | guys so before continuing on and |
| 00:00:49 | 00:00:54 | explaining more about q4 |
| 00:00:51 | 00:00:56 | i want to let you guys know what exactly |
| 00:00:54 | 00:01:00 | q4 is and why it is so important in |
| 00:00:56 | 00:01:02 | business so q4 is basically the fourth |
| 00:01:00 | 00:01:04 | quarter of the tax year there are four |
| 00:01:02 | 00:01:09 | quarters in every single year for |
| 00:01:04 | 00:01:11 | business q1 q2 q3 and finally q4 q4 |
| 00:01:09 | 00:01:13 | begins on october 1st and ends on |
| 00:01:11 | 00:01:15 | december 31st so i'm here on |
| 00:01:13 | 00:01:18 | investinganswers.com to show you guys |
| 00:01:15 | 00:01:22 | exactly which months are q1 q2 q3 and |
| 00:01:18 | 00:01:24 | finally q4 so as you guys can see q1 for |
| 00:01:22 | 00:01:28 | this specific year 2018 is basically |
| 00:01:24 | 00:01:30 | from january 1st to march 31st and then |
| 00:01:28 | 00:01:33 | q2 begins which is on april 1st and |
| 00:01:30 | 00:01:35 | lasts until june 30th and third q3 |
| 00:01:33 | 00:01:37 | begins which is july 1st is september |
| 00:01:35 | 00:01:40 | 30th and finally q4 which is the most |
| 00:01:37 | 00:01:42 | important one and lasts from october 1st |
| 00:01:40 | 00:01:45 | to december 31st so as you guys can see |
| 00:01:42 | 00:01:47 | it's the same dates each year and |
| 00:01:45 | 00:01:49 | basically these are important calendar |
| 00:01:47 | 00:01:51 | months for businesses to look out for |
| 00:01:49 | 00:01:53 | because your business will perform |
| 00:01:51 | 00:01:56 | differently in each of the specific |
| 00:01:53 | 00:01:58 | calendar year and the quarter right now |
| 00:01:56 | 00:02:01 | we're in the middle of q3 going on to q4 |
| 00:01:58 | 00:02:03 | the main reason q4 is so important and |
| 00:02:01 | 00:02:07 | highly toked about is because a lot of |
| 00:02:03 | 00:02:09 | the holidays come inside q4 thanksgiving |
| 00:02:07 | 00:02:11 | christmas new year's these are all the |
| 00:02:09 | 00:02:14 | big holidays where a lot of the shoppers |
| 00:02:11 | 00:02:16 | go out to buy stuff for other people and |
| 00:02:14 | 00:02:18 | themselves so this is why it's so |
| 00:02:16 | 00:02:20 | important to start getting ready for q4 |
| 00:02:18 | 00:02:22 | and if you're already now getting ready |
| 00:02:20 | 00:02:24 | it's kind of late already but you still |
| 00:02:22 | 00:02:26 | have time and i'm gonna be telling you |
| 00:02:24 | 00:02:27 | guys exactly what you need to change on |
| 00:02:26 | 00:02:29 | your store and what you need to focus on |
| 00:02:27 | 00:02:30 | so make sure to watch the entire video |
| 00:02:29 | 00:02:33 | but the first thing we're going to be |
| 00:02:30 | 00:02:35 | toking about regarding q4 is products |
| 00:02:33 | 00:02:37 | if you're not already doing this you |
| 00:02:35 | 00:02:39 | need to start testing products heavily |
| 00:02:37 | 00:02:42 | in q4 june july and august are usually |
| 00:02:39 | 00:02:44 | slow months for a lot of the businesses |
| 00:02:42 | 00:02:46 | but once august passes and september |
| 00:02:44 | 00:02:47 | comes on it's time to really start |
| 00:02:46 | 00:02:49 | testing products heavily two to three |
| 00:02:47 | 00:02:51 | products each day and basically start |
| 00:02:49 | 00:02:54 | finding those little winning products |
| 00:02:51 | 00:02:56 | which you can scale up to six figures |
| 00:02:54 | 00:02:59 | during the q4 time and scaling becomes |
| 00:02:56 | 00:03:01 | super easy in q4 mainly because |
| 00:02:59 | 00:03:03 | everyone is really trying to purchase |
| 00:03:01 | 00:03:05 | something for each other and themselves |
| 00:03:03 | 00:03:07 | so your costs really come down but |
| 00:03:05 | 00:03:09 | the bad point about this is that there's |
| 00:03:07 | 00:03:11 | hundreds of thousands of other companies |
| 00:03:09 | 00:03:14 | on facebook trying to advertise during |
| 00:03:11 | 00:03:17 | q4 and their budgets actually increase |
| 00:03:14 | 00:03:19 | during q4 so that's why it's better for |
| 00:03:17 | 00:03:21 | us to prepare early so that we can |
| 00:03:19 | 00:03:23 | capture a large part of the market |
| 00:03:21 | 00:03:25 | audience and again this is the best time |
| 00:03:23 | 00:03:27 | of the year to get the highest roi |
| 00:03:25 | 00:03:29 | because people are shopping for gifts |
| 00:03:27 | 00:03:30 | you don't have to force them to buy |
| 00:03:29 | 00:03:32 | anything because |
| 00:03:30 | 00:03:35 | they're truly wanting to buy stuff and |
| 00:03:32 | 00:03:36 | spend money so again the first point is |
| 00:03:35 | 00:03:38 | start testing products heavily this |
| 00:03:36 | 00:03:41 | upcoming month the second thing you want |
| 00:03:38 | 00:03:42 | to be looking out for is seasons as we |
| 00:03:41 | 00:03:44 | all know thanksgiving is coming and then |
| 00:03:42 | 00:03:46 | followed by christmas and then new |
| 00:03:44 | 00:03:48 | year's if you're somewhat of a general |
| 00:03:46 | 00:03:50 | store or you have a specific niche store |
| 00:03:48 | 00:03:52 | related to one of these categories you |
| 00:03:50 | 00:03:55 | want to start looking at items in these |
| 00:03:52 | 00:03:57 | specific categories because during these |
| 00:03:55 | 00:03:59 | times these items get really popular and |
| 00:03:57 | 00:04:01 | people start to buy them one whole month |
| 00:03:59 | 00:04:03 | before the actual event so we still have |
| 00:04:01 | 00:04:05 | time for these events but you can start |
| 00:04:03 | 00:04:06 | looking around seeing what kinds of cool |
| 00:04:05 | 00:04:08 | items are out there for thanksgiving |
| 00:04:06 | 00:04:10 | christmas and new year's and maybe start |
| 00:04:08 | 00:04:12 | looking into importing them into your |
| 00:04:10 | 00:04:14 | store and creating really killer |
| 00:04:12 | 00:04:16 | descriptions and ad copies so you can |
| 00:04:14 | 00:04:18 | use them directly the third thing you |
| 00:04:16 | 00:04:20 | want to really start focusing on is |
| 00:04:18 | 00:04:22 | expanding onto different marketing |
| 00:04:20 | 00:04:24 | platforms there are several platforms i |
| 00:04:22 | 00:04:27 | have listed such as google ads bing ads |
| 00:04:24 | 00:04:29 | twitter even quora if some of you don't |
| 00:04:27 | 00:04:31 | know quora is a basically question and |
| 00:04:29 | 00:04:33 | answer website where people ask all |
| 00:04:31 | 00:04:36 | kinds of questions and get answers for |
| 00:04:33 | 00:04:37 | them and quora is really untapped |
| 00:04:36 | 00:04:40 | because not a lot of people use it for |
| 00:04:37 | 00:04:41 | e-commerce so it's definitely worth a |
| 00:04:40 | 00:04:44 | try and one more thing that's really |
| 00:04:41 | 00:04:46 | important is pinterest you guys want to |
| 00:04:44 | 00:04:49 | basically utilize pinterest for organic |
| 00:04:46 | 00:04:50 | traffic if you're not doing any ad on it |
| 00:04:49 | 00:04:52 | but if you're unsure of how to really |
| 00:04:50 | 00:04:54 | advertise on these specific marketing |
| 00:04:52 | 00:04:56 | platforms you want to spend some time |
| 00:04:54 | 00:04:58 | learning those now or maybe hire someone |
| 00:04:56 | 00:05:00 | to do it there's a lot of free resources |
| 00:04:58 | 00:05:02 | on youtube and even facebook groups |
| 00:05:00 | 00:05:04 | which teach about a lot of these |
| 00:05:02 | 00:05:07 | marketing platforms i even have a lot of |
| 00:05:04 | 00:05:08 | videos on some of these advertising |
| 00:05:07 | 00:05:11 | platforms such as facebook and even |
| 00:05:08 | 00:05:12 | pinterest and reddit ads so just hop |
| 00:05:11 | 00:05:14 | onto my channel and just make sure to |
| 00:05:12 | 00:05:16 | watch those videos to really understand |
| 00:05:14 | 00:05:18 | about the different marketing platforms |
| 00:05:16 | 00:05:20 | because in q4 the more marketing |
| 00:05:18 | 00:05:22 | platforms you have the higher the |
| 00:05:20 | 00:05:23 | revenue you're going to get and the |
| 00:05:22 | 00:05:25 | higher the profit you're going to make |
| 00:05:23 | 00:05:27 | so this is the best time to really |
| 00:05:25 | 00:05:29 | target these specific marketing |
| 00:05:27 | 00:05:31 | platforms and try to get the best bang |
| 00:05:29 | 00:05:33 | out of your buck i'm personally opening |
| 00:05:31 | 00:05:35 | a facebook ads agency so if you guys are |
| 00:05:33 | 00:05:37 | interested in having your ads handled by |
| 00:05:35 | 00:05:39 | me let me know down in the comment |
| 00:05:37 | 00:05:40 | section below but basically start |
| 00:05:39 | 00:05:42 | looking into these specific marketing |
| 00:05:40 | 00:05:44 | platforms and see which one is the best |
| 00:05:42 | 00:05:47 | fit for your business and try to expand |
| 00:05:44 | 00:05:49 | onto those the fourth thing on my list |
| 00:05:47 | 00:05:50 | is website quality you want to really |
| 00:05:49 | 00:05:52 | start improving your website and trying |
| 00:05:50 | 00:05:54 | to make it the best possible really |
| 00:05:52 | 00:05:56 | spend some trying time to see where |
| 00:05:54 | 00:05:58 | your website is lacking and maybe |
| 00:05:56 | 00:06:00 | compare it to your competitors website |
| 00:05:58 | 00:06:03 | and see what you can do better than them |
| 00:06:00 | 00:06:05 | you could even try possibly investing in |
| 00:06:03 | 00:06:06 | a paid theme to sort of give your |
| 00:06:05 | 00:06:09 | website a more professional look and |
| 00:06:06 | 00:06:12 | even make it faster i have a website |
| 00:06:09 | 00:06:14 | listed here which is tools.pingdom.com |
| 00:06:12 | 00:06:16 | which is an excellent website to test |
| 00:06:14 | 00:06:17 | your website speed for free and see how |
| 00:06:16 | 00:06:19 | fast your website is from different |
| 00:06:17 | 00:06:21 | locations in the world make sure that |
| 00:06:19 | 00:06:23 | you're making your website professional |
| 00:06:21 | 00:06:25 | with not too many pop-ups on it because |
| 00:06:23 | 00:06:26 | the more pop-ups you have the more |
| 00:06:25 | 00:06:28 | you're going to annoy your customers and |
| 00:06:26 | 00:06:30 | want them to basically run away from |
| 00:06:28 | 00:06:32 | your website so really start focusing on |
| 00:06:30 | 00:06:34 | your website and trying to make it |
| 00:06:32 | 00:06:36 | better the fifth thing on my list is |
| 00:06:34 | 00:06:38 | start looking into fulfillment centers |
| 00:06:36 | 00:06:40 | these could be fulfillment centers in |
| 00:06:38 | 00:06:42 | the united states or chinese fulfillment |
| 00:06:40 | 00:06:44 | centers basically the reason why we're |
| 00:06:42 | 00:06:46 | looking at these is because if you |
| 00:06:44 | 00:06:47 | do find a winning product during this |
| 00:06:46 | 00:06:49 | time |
| 00:06:47 | 00:06:50 | and it really starts to sell well |
| 00:06:49 | 00:06:52 | let's say it's a product for christmas |
| 00:06:50 | 00:06:54 | specifically and |
| 00:06:52 | 00:06:56 | people only use it in christmas then |
| 00:06:54 | 00:06:58 | there's no point in having 12 to 20 days |
| 00:06:56 | 00:07:00 | shipping when it's december 20th because |
| 00:06:58 | 00:07:02 | the item is gonna arrive late in january |
| 00:07:00 | 00:07:04 | when christmas is already gone so in |
| 00:07:02 | 00:07:06 | order to prevent chargebacks during this |
| 00:07:04 | 00:07:08 | time you want to really start looking |
| 00:07:06 | 00:07:10 | into fulfillment centers who can provide |
| 00:07:08 | 00:07:11 | a little bit of faster shipping for you |
| 00:07:10 | 00:07:14 | and this will really come in handy when |
| 00:07:11 | 00:07:16 | you're scaling your product to the moon |
| 00:07:14 | 00:07:18 | and have tons and tons of orders coming |
| 00:07:16 | 00:07:20 | in each day basically the fulfillment |
| 00:07:18 | 00:07:22 | center takes care of it all for you and |
| 00:07:20 | 00:07:24 | you also get really good customer |
| 00:07:22 | 00:07:26 | reviews because shipping is fast you can |
| 00:07:24 | 00:07:28 | find a lot of the fulfillment centers on |
| 00:07:26 | 00:07:29 | facebook groups i even have my own |
| 00:07:28 | 00:07:31 | facebook group which you can join for |
| 00:07:29 | 00:07:33 | free the link is in the description |
| 00:07:31 | 00:07:35 | below but definitely start looking into |
| 00:07:33 | 00:07:37 | fulfillment centers for the future when |
| 00:07:35 | 00:07:39 | you start scaling basically |
| 00:07:37 | 00:07:42 | and the sixth and final thing on my list |
| 00:07:39 | 00:07:44 | is get on good terms with suppliers |
| 00:07:42 | 00:07:46 | only if you already have a winning |
| 00:07:44 | 00:07:48 | product so if you do not have a winning |
| 00:07:46 | 00:07:50 | product yet continue to do product |
| 00:07:48 | 00:07:52 | research on aliexpress i have a very |
| 00:07:50 | 00:07:54 | nice video on how to do product research |
| 00:07:52 | 00:07:56 | on my channel basically once you have a |
| 00:07:54 | 00:07:58 | winning product you want to basically |
| 00:07:56 | 00:08:01 | add your supplier as a friend on skype |
| 00:07:58 | 00:08:03 | and regularly chat with them to see what |
| 00:08:01 | 00:08:05 | kind of items other items they can offer |
| 00:08:03 | 00:08:07 | and when you're really getting orders |
| 00:08:05 | 00:08:09 | you could even send them just csv files |
| 00:08:07 | 00:08:11 | of all the order lists so you don't have |
| 00:08:09 | 00:08:13 | to order one by one and they could send |
| 00:08:11 | 00:08:15 | you back the tracking numbers |
| 00:08:13 | 00:08:17 | but this is really a good way to start a |
| 00:08:15 | 00:08:19 | good relationship with the supplier from |
| 00:08:17 | 00:08:21 | china because they could also provide |
| 00:08:19 | 00:08:23 | you other items |
| 00:08:21 | 00:08:24 | that could sell well on your store or |
| 00:08:23 | 00:08:26 | they could even provide some of the |
| 00:08:24 | 00:08:27 | items you have already listed on your |
| 00:08:26 | 00:08:29 | store but the main reason you want to |
| 00:08:27 | 00:08:30 | have good relations is so that they |
| 00:08:29 | 00:08:32 | could provide the products for a little |
| 00:08:30 | 00:08:34 | bit cheaper because once you start |
| 00:08:32 | 00:08:36 | ordering 200 300 for them each day |
| 00:08:34 | 00:08:39 | they're gonna definitely reduce the |
| 00:08:36 | 00:08:41 | price for you so do look into that and |
| 00:08:39 | 00:08:43 | really start preparing for q4 so i hope |
| 00:08:41 | 00:08:45 | the stuff that i have listed in this |
| 00:08:43 | 00:08:47 | video really helped you guys understand |
| 00:08:45 | 00:08:50 | more about q4 and what you can do to |
| 00:08:47 | 00:08:52 | really create a strong solid base for q4 |
| 00:08:50 | 00:08:54 | so that you can make tons and tons of |
| 00:08:52 | 00:08:56 | money during the season i hope you guys |
| 00:08:54 | 00:08:58 | did find value in this video and like |
| 00:08:56 | 00:08:59 | always hit that like button make sure to |
| 00:08:58 | 00:09:02 | subscribe if you haven't already and |
| 00:08:59 | 00:09:02 | i'll see you guys next time |
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