#1 TikTok Ads Spy Tool

A Better Way to Make TikTok Ads Dropshipping & TikTok For Business

  • Find TikTok winning products & TikTok dropshipping ads.
  • Analyze TikTok advertisers
  • Get the Latest TikTok Shop Data.
Try It Free

How to Make $66k/Day in 60 Days with Shopify Dropshipping

Published on: November 17 2023 by Kevin Wu

How to Make $66k/Day in 60 Days with Shopify Dropshipping

Table of Contents

  1. Introduction
  2. Background
  3. Finding and Testing Products for Shopify Dropshipping
  4. Using Facebook Ads Library to Find Products
    • Searching with Keywords
    • Applying Filters
    • Analyzing Results
  5. Using Shop Hunter to Verify Store Performance
  6. Setting up a Testing Campaign on Facebook Ads
  7. Choosing the Right Audience
  8. Creating Ad Sets and Ads
  9. Monitoring Performance and Scaling
  10. Conclusion

Finding and Testing Products for Shopify Dropshipping

Dropshipping has emerged as a popular business model, allowing entrepreneurs to sell products online without the need for inventory management or shipping. However, finding and testing the right products can be a challenging task. In this article, we will explore the process of finding and testing products for Shopify Dropshipping, using various tools and strategies to maximize success.

Introduction

Before diving into the process of finding and testing products, it is important to understand the background of Shopify Dropshipping and the key factors that contribute to its success. This will provide a solid foundation for the strategies and techniques discussed later in the article.

Background

Shopify Dropshipping is a business model where entrepreneurs set up online stores and sell products that are sourced from third-party suppliers. The store owners do not keep the products in stock; instead, when a store owner receives an order from a customer, they simply contact the supplier, who will then ship the products directly to the customer's door.

This business model offers several advantages, including low start-up costs, freedom to work from anywhere, and the ability to scale quickly. However, the success of a Shopify Dropshipping business depends largely on the products being sold. Finding profitable products and testing them effectively is crucial for long-term success.

Finding and Testing Products for Shopify Dropshipping

With the multitude of products available in the market, finding the right ones for your Shopify Dropshipping store requires a systematic approach. By using the Facebook Ads Library and Shop Hunter tools, you can streamline the process and increase your chances of finding winning products.

Using Facebook Ads Library to Find Products

The Facebook Ads Library is a free tool provided by Facebook that allows users to search for ads running on Facebook and Instagram. This tool can be immensely helpful in identifying potential products for your Shopify Dropshipping store.

Searching with Keywords

To start your product search, use keywords related to the niche or market you are targeting. For example, if you are interested in selling pet products, you can search for keywords like "pet accessories" or "pet toys." Additionally, you can narrow down your search by using specific terms like "50% off" or "free shipping."

Applying Filters

While the Facebook Ads Library provides a wide range of search results, not all of them will be relevant for Dropshipping. To filter out irrelevant ads, you can apply certain filters. These filters include selecting the desired language, specifying the date range, and narrowing down the countries you want to target. This will help you find ads that are more likely to be Dropshipping products.

Analyzing Results

Once you have generated a list of potential products from your search, it is important to dig deeper and analyze their potential. Visit the websites of the products and analyze their store design, pricing, promotions, and customer reviews. Additionally, you can cross-check the product availability on AliExpress, a popular marketplace for Dropshippers. This will give you an idea of the product's popularity and potential profit margins.

Using Shop Hunter to Verify Store Performance

After identifying potential products using the Facebook Ads Library, it is crucial to verify the performance of the stores selling those products. Shop Hunter is a tool that allows you to track the sales and revenue generated by Shopify stores. This tool can provide valuable insights into the success of a store and help you make informed decisions about which products to test.

By inputting the store's URL into Shop Hunter, you can access important data such as daily revenue, growth trends, and overall performance. This will allow you to gauge the store's profitability and determine whether it is worth testing the product it offers.

Setting up a Testing Campaign on Facebook Ads

Once you have identified and verified potential products, it is time to set up a testing campaign on Facebook Ads. This campaign will help you gauge the market's response to the products and determine their viability for your Shopify Dropshipping store.

Choosing the Right Audience

When setting up your testing campaign, it is crucial to define your target audience accurately. Consider factors such as age, location, and interests that align with the product you are testing. By narrowing down your audience, you increase the chances of reaching potential customers who are more likely to make a purchase.

Creating Ad Sets and Ads

Within your testing campaign, you will create multiple ad sets, each targeting a different audience segment. It is recommended to have at least two to five ads per ad set. The ads should be similar, with slight variations in the targeting parameters, headline, and creative elements. This will allow you to compare the performance of different audience segments and identify the most profitable ones.

Monitoring Performance and Scaling

Once your testing campaign is live, closely monitor the performance of each ad set and ad. Track key metrics such as click-through rate (CTR), conversion rate, and return on ad spends (ROAS). Identify which audience segments and ads are generating the most sales and have the highest ROAS. Based on this data, make informed decisions about scaling the winning ads or refining your targeting strategies.

Conclusion

Finding and testing products for Shopify Dropshipping is a crucial process that can make or break your business. By utilizing tools like the Facebook Ads Library and Shop Hunter, and following a systematic approach to testing, you can increase your chances of finding profitable products and scaling your business successfully. Remember to continuously evaluate and iterate your strategies, adapting to market trends and customer preferences. With persistence and careful analysis, you can build a thriving Shopify Dropshipping business.

Start your free trial today!

Try Pipiads free for trial, no credit card required. By entering your email,
You will be taken to the signup page.