How To Make MILLIONS With Shopify Dropshipping In 2020

Published on: December 6 2022 by Shri Kanase

How To Make MILLIONS With Shopify Dropshipping In 2020

How To Make MILLIONS With Shopify Dropshipping In 2020

How To Make MILLIONS With Shopify Dropshipping In 2020

startTime	durationTime	text
00:00:00	00:00:04	yo what is going on everybody shriek
00:00:02	00:00:07	canasta here so how to make millions
00:00:04	00:00:09	with Shopify drop shipping in 2020 and
00:00:07	00:00:12	onwards now it's no lie that this year
00:00:09	00:00:14	has been a crazy year so far from this
00:00:12	00:00:16	crazy illness which I cannot name
00:00:14	00:00:18	because I would get demon artists on
00:00:16	00:00:19	YouTube to the economic downfall that
00:00:18	00:00:21	has just come where stoks are
00:00:19	00:00:23	plummeting and everything else just
00:00:21	00:00:25	seems to be going wrong it's no doubt
00:00:23	00:00:26	that this year has a lot to come and
00:00:25	00:00:29	there's a lot of things we still have to
00:00:26	00:00:31	see but as a shop if I drop shipper what
00:00:29	00:00:33	does this mean to us exactly and how can
00:00:31	00:00:35	we get out of this situation on the good
00:00:33	00:00:37	side and this may be kind of hard to
00:00:35	00:00:39	believe but during times like these a
00:00:37	00:00:40	lot of millionaires are made and that is
00:00:39	00:00:42	simply the reality there's going to be
00:00:40	00:00:44	people who would make use of this
00:00:42	00:00:45	situation well and there's going to be
00:00:44	00:00:48	people who get scared in this situation
00:00:45	00:00:49	and lose everything and the end it's in
00:00:48	00:00:51	your hands to kind of choose which path
00:00:49	00:00:52	you want to go and this video is
00:00:51	00:00:54	actually for everybody who may be
00:00:52	00:00:56	interested in getting into dropshipping
00:00:54	00:00:57	or already running a drop shipping store
00:00:56	00:00:59	but not getting enough sales or those
00:00:57	00:01:01	who are killing as with drop shipping
00:00:59	00:01:03	and just want to know exactly what is
00:01:01	00:01:05	coming up for us drop shippers but
00:01:03	00:01:07	before we get into the real meat of the
00:01:05	00:01:09	video there's two things you're gonna
00:01:07	00:01:10	want to do pause this video for just two
00:01:09	00:01:12	quick seconds that smash that like
00:01:10	00:01:14	button down below and subscribe if you
00:01:12	00:01:16	haven't already so you stay up to date
00:01:14	00:01:18	with all the content I'm putting out on
00:01:16	00:01:21	a weekly basis but let's get right into
00:01:18	00:01:23	it so the real state of drop shipping in
00:01:21	00:01:25	2020 and onwards what is currently going
00:01:23	00:01:27	on and what can we expect from it so
00:01:25	00:01:29	before I go into exactly the strategy
00:01:27	00:01:30	and everything for making millions with
00:01:29	00:01:32	Shopify drop shipping in 2020 and
00:01:30	00:01:34	onwards I want to just start toking
00:01:32	00:01:36	about the specific things going on right
00:01:34	00:01:37	now in the world and kind of relate them
00:01:36	00:01:39	to dropship so as I mentioned in the
00:01:37	00:01:41	beginning of this video there's a big
00:01:39	00:01:43	economic downturn that is coming a lot
00:01:41	00:01:45	of things are just going down businesses
00:01:43	00:01:46	going bankrupt employees losing their
00:01:45	00:01:48	jobs because businesses are going
00:01:46	00:01:50	bankrupt and so much more but when it
00:01:48	00:01:53	comes to specifically shopping online or
00:01:50	00:01:54	just for us drop shippers in general you
00:01:53	00:01:56	want to understand is that during times
00:01:54	00:01:58	like these there's a very high chance
00:01:56	00:02:00	that the general population meaning
00:01:58	00:02:02	those people that shop on your drop
00:02:00	00:02:04	shipping stores really low buying power
00:02:02	00:02:06	this is simply because majority of
00:02:04	00:02:08	Americans or people in the world don't
00:02:06	00:02:10	have enough savings to last even two
00:02:08	00:02:12	months without a job and because the
00:02:10	00:02:13	times are currently turning and people
00:02:12	00:02:14	are see that the times are
00:02:13	00:02:16	turning what people are going to do is
00:02:14	00:02:18	that they're going to start looking into
00:02:16	00:02:20	buying necessities more than buying
00:02:18	00:02:22	stuff that makes them feel good or for
00:02:20	00:02:24	their social status meaning instead of
00:02:22	00:02:27	going out and buying those iPhone cases
00:02:24	00:02:29	or buying those big TVs buying those big
00:02:27	00:02:31	cars people are gonna just start saving
00:02:29	00:02:34	money to buy only the necessities like
00:02:31	00:02:35	food water shelter etc so during a time
00:02:34	00:02:37	like this people are bound to have a low
00:02:35	00:02:39	buying power and this is of course going
00:02:37	00:02:41	to directly impact your drop shipping
00:02:39	00:02:43	store because this also means that if
00:02:41	00:02:45	you are in a specific niche where you're
00:02:43	00:02:47	not really selling any necessity items
00:02:45	00:02:49	then it's going to really be hard to get
00:02:47	00:02:50	sales during this time period but in
00:02:49	00:02:52	addition to that people are gonna have
00:02:50	00:02:55	just low patience in general during this
00:02:52	00:02:56	time because as I mentioned the economic
00:02:55	00:02:58	downturn is a bad time for a lot of
00:02:56	00:03:00	people and what happens is during this
00:02:58	00:03:01	kind of time there's an increasing
00:03:00	00:03:03	amount of fear in the general population
00:03:01	00:03:05	people really don't know what's going on
00:03:03	00:03:07	and this kind of causes a lot of anxiety
00:03:05	00:03:09	within the people and fear because of
00:03:07	00:03:11	this fear and anxiety they're gonna be
00:03:09	00:03:13	very cranky they're not gonna really be
00:03:11	00:03:15	in the mood to be positive and this will
00:03:13	00:03:17	again affect your dropshipping store as
00:03:15	00:03:20	well simply because that means people
00:03:17	00:03:21	may not be as willing to wait seven to
00:03:20	00:03:23	twenty two business days for you pack a
00:03:21	00:03:25	drop shipping or any other shipping
00:03:23	00:03:26	option used from China and by the mid
00:03:25	00:03:28	portion of this video I'm gonna be
00:03:26	00:03:30	telling you guys about what is happening
00:03:28	00:03:32	with a packet and how it's no longer
00:03:30	00:03:33	seven to twenty two business days but in
00:03:32	00:03:35	addition to this what you're gonna start
00:03:33	00:03:37	notiking especially if you're in a
00:03:35	00:03:39	specific niche and you run the Shopify
00:03:37	00:03:41	store within a niche is that certain
00:03:39	00:03:43	niches are going to go out of business
00:03:41	00:03:45	for instance one big niche which is
00:03:43	00:03:47	currently and very low demand is a
00:03:45	00:03:49	travel niche because of this overseas
00:03:47	00:03:50	illness that is currently going on in
00:03:49	00:03:52	the world people are really staying
00:03:50	00:03:54	within their homes they're isolating
00:03:52	00:03:56	themselves within their homes and nobody
00:03:54	00:03:58	really wants to travel so along with the
00:03:56	00:04:00	travel industry a lot of the Shopify
00:03:58	00:04:02	stores within the travel niche selling
00:04:00	00:04:03	travel accessories are also going to be
00:04:02	00:04:05	affected they're gonna have really
00:04:03	00:04:07	really low sales during this time but
00:04:05	00:04:08	besides those people within certain
00:04:07	00:04:10	niches the overall dropshipping
00:04:08	00:04:12	population is going to see a very very
00:04:10	00:04:14	big change when it comes to specifically
00:04:12	00:04:15	shipping terms because one thing you
00:04:14	00:04:17	want to understand right now during this
00:04:15	00:04:18	time is even though the illness is
00:04:17	00:04:20	getting better overseas in China
00:04:18	00:04:22	throughout the world is continuously
00:04:20	00:04:24	increasing and what is happening is
00:04:22	00:04:26	because of this increase a lot of the
00:04:24	00:04:27	countries in the world are restricting
00:04:26	00:04:29	travel to
00:04:27	00:04:31	and from China and from other countries
00:04:29	00:04:34	so as a result there's a very very low
00:04:31	00:04:36	amount of flights for goods to and from
00:04:34	00:04:38	China at the moment to the other
00:04:36	00:04:40	countries and this information I got
00:04:38	00:04:42	directly from my CJ dropshipping
00:04:40	00:04:43	supplier who did mention that there's
00:04:42	00:04:45	really a lot of scarcity when it comes
00:04:43	00:04:47	to flights for the goods and only a
00:04:45	00:04:49	certain number of goods are getting
00:04:47	00:04:51	imported at a time so this is causing a
00:04:49	00:04:53	lot of delays and as you guys see on the
00:04:51	00:04:56	screen this is the new shipping time for
00:04:53	00:04:57	all of the countries with a packet
00:04:56	00:04:58	specific clearly by looking at this
00:04:57	00:05:00	image you can see that the shipping
00:04:58	00:05:02	temps have increased significantly and
00:05:00	00:05:03	it is really important that during this
00:05:02	00:05:05	time you let your customers know about
00:05:03	00:05:07	this delay because otherwise it is going
00:05:05	00:05:09	to lead to a lot of charge lag in fact
00:05:07	00:05:10	I'm gonna be toking about how to deal
00:05:09	00:05:12	with this towards the later portion of
00:05:10	00:05:14	the video but in addition to this
00:05:12	00:05:15	another issue that is really big right
00:05:14	00:05:18	now in China specifically is that
00:05:15	00:05:19	there's less working capacity at the
00:05:18	00:05:21	moment meaning a lot of the Chinese
00:05:19	00:05:23	population hasn't fully gotten to work
00:05:21	00:05:25	yet and even though a lot of the back
00:05:23	00:05:28	roots are coming back up and charting to
00:05:25	00:05:29	run only 50% to 70% of the actual
00:05:28	00:05:31	working population is back and as you
00:05:29	00:05:33	guys see from the artikle on the screen
00:05:31	00:05:35	the biggest problem right now over there
00:05:33	00:05:37	is that they're having trouble getting
00:05:35	00:05:39	truck drivers so this is adding to the
00:05:37	00:05:41	overall delay of all the shipments and
00:05:39	00:05:42	everything else but these aren't the
00:05:41	00:05:44	most of the issues when it comes to drop
00:05:42	00:05:46	shipping at this point when it comes to
00:05:44	00:05:48	specifically advertising platforms such
00:05:46	00:05:50	as Facebook Google there's a lot of
00:05:48	00:05:51	restrictions getting put on the content
00:05:50	00:05:53	that is getting published within this
00:05:51	00:05:55	platform specifically Facebook and what
00:05:53	00:05:57	is happening is because of all the
00:05:55	00:05:59	things going on in the world there are
00:05:57	00:06:01	currently frequent add account bans with
00:05:59	00:06:03	the longer reply time for those Add
00:06:01	00:06:05	Account Appeals and that's simply
00:06:03	00:06:06	because a lot of people for Facebook are
00:06:05	00:06:08	working from home now and a lot of
00:06:06	00:06:10	marketers are trying to get in touch
00:06:08	00:06:12	with these people and this is causing
00:06:10	00:06:14	big delays so because of these things
00:06:12	00:06:15	specifically the Attik counts and
00:06:14	00:06:17	advertising platforms themselves are
00:06:15	00:06:19	facing these huge delays which is this
00:06:17	00:06:21	slowing down the entire process with
00:06:19	00:06:23	getting things back on track when it
00:06:21	00:06:24	comes to specifically drop shipping but
00:06:23	00:06:25	now that we've covered most of the
00:06:24	00:06:27	issues that are currently happening with
00:06:25	00:06:30	drop shipping don't be afraid at all
00:06:27	00:06:32	because there's a way to find success
00:06:30	00:06:34	even through this bad period so what is
00:06:32	00:06:35	exactly the strategy for success and
00:06:34	00:06:38	what should you be doing at this moment
00:06:35	00:06:39	so when it comes to specifically the
00:06:38	00:06:40	strategy to finding success at this
00:06:39	00:06:42	point
00:06:40	00:06:44	and making millions during this economic
00:06:42	00:06:45	downturn there are a few things I
00:06:44	00:06:47	suggest the first thing is if you
00:06:45	00:06:49	haven't started Shopify dropshipping yet
00:06:47	00:06:50	or if you're already running a Shopify
00:06:49	00:06:53	store but notiking the impacts of the
00:06:50	00:06:54	economic downturn at this point I highly
00:06:53	00:06:56	suggest that you start a general store
00:06:54	00:06:58	during this time period and there are
00:06:56	00:06:59	several reasons why I recommend this as
00:06:58	00:07:01	I mentioned at the beginning of this
00:06:59	00:07:03	video a lot of niches are getting
00:07:01	00:07:05	impacted because of this downturn and
00:07:03	00:07:07	during this point of time I highly
00:07:05	00:07:09	believe that it is not a good idea to be
00:07:07	00:07:10	running a niche store especially if it's
00:07:09	00:07:12	one of those niches like the travel
00:07:10	00:07:14	niche where whatever is happening in the
00:07:12	00:07:16	economy is gonna directly affect your
00:07:14	00:07:17	Shopify store and in addition as I
00:07:16	00:07:20	mentioned people are buying more
00:07:17	00:07:22	necessity products and if your specific
00:07:20	00:07:24	niche store isn't a necessity type store
00:07:22	00:07:26	then it's gonna be really a problem to
00:07:24	00:07:28	continue getting sales throughout this
00:07:26	00:07:29	time so I highly suggest that you start
00:07:28	00:07:31	a general store during this time period
00:07:29	00:07:33	but when it comes to facility general
00:07:31	00:07:34	stores there's one thing you want to be
00:07:33	00:07:37	doing you want to be trying to find an
00:07:34	00:07:39	advertising platform anything besides
00:07:37	00:07:41	Facebook are just a big disclaimer this
00:07:39	00:07:43	kind of advice only applies to those
00:07:41	00:07:45	people if you have zero experience with
00:07:43	00:07:46	Facebook you're just getting into
00:07:45	00:07:48	Shopify dropping and you're not really
00:07:46	00:07:50	sure what to do or how to go about
00:07:48	00:07:52	things because with Facebook ads I think
00:07:50	00:07:54	this is the worst time to be getting
00:07:52	00:07:55	into Facebook Ads to learn simply
00:07:54	00:07:57	because of everything going on in the
00:07:55	00:07:59	world at this moment if you already use
00:07:57	00:08:01	Facebook ads if you're finding success
00:07:59	00:08:02	with Facebook ads by all means continue
00:08:01	00:08:04	using Facebook but if you're those
00:08:02	00:08:05	people who are just starting drop
00:08:04	00:08:07	shipping or just starting to learn about
00:08:05	00:08:09	Facebook or those people who are already
00:08:07	00:08:10	using Facebook but not really finding
00:08:09	00:08:12	the result that you want to find then I
00:08:10	00:08:14	highly suggest you look into other
00:08:12	00:08:16	advertising platforms like Pinterest
00:08:14	00:08:18	Google reddit etc I have tons of videos
00:08:16	00:08:20	on other marketing platform for my
00:08:18	00:08:22	channel which you can check out and get
00:08:20	00:08:23	started with them but whatever
00:08:22	00:08:25	advertising platform you do plan to use
00:08:23	00:08:26	here's exactly what you shouldn't be
00:08:25	00:08:28	trying to do when it comes to
00:08:26	00:08:30	specifically advertising products so as
00:08:28	00:08:31	I mentioned towards the beginning a lot
00:08:30	00:08:33	of people are going to only be buying
00:08:31	00:08:35	essential product so this includes
00:08:33	00:08:37	products like health-related products
00:08:35	00:08:40	which can assist them with better health
00:08:37	00:08:42	indoor activity products which can help
00:08:40	00:08:43	people pass time during this isolation
00:08:42	00:08:45	period of where people aren't really
00:08:43	00:08:47	going outside their homes or the third
00:08:45	00:08:49	category which I've actually found is
00:08:47	00:08:51	selling well and I was surprised to find
00:08:49	00:08:52	this as outdoor activities now what do I
00:08:51	00:08:54	mean exactly by outdoor
00:08:52	00:08:56	there is not all types of outdoor
00:08:54	00:08:58	activities are gonna sell during this
00:08:56	00:09:00	time period especially those activities
00:08:58	00:09:01	which involve getting into a group and
00:09:00	00:09:03	celebrating something together when I
00:09:01	00:09:05	say outdoor activities not meaning
00:09:03	00:09:07	specific activities which you can go and
00:09:05	00:09:09	do out in nature all by yourself because
00:09:07	00:09:10	believe it or not a lot of people
00:09:09	00:09:13	actually want to go outdoors but they
00:09:10	00:09:15	want to go far into nature away from
00:09:13	00:09:16	human contact and away from people this
00:09:15	00:09:18	is something that they believe will
00:09:16	00:09:20	actually help them stay away from this
00:09:18	00:09:22	big issue that is going on in the world
00:09:20	00:09:24	and stay healthy during this time so
00:09:22	00:09:26	this is one perfect category to be sung
00:09:24	00:09:28	in but as a whole these three categories
00:09:26	00:09:30	health-related indoor activities and
00:09:28	00:09:32	outdoor activities specifically those
00:09:30	00:09:34	within nature will do really well during
00:09:32	00:09:36	this time bird so within your general
00:09:34	00:09:37	store you want to be trying to find
00:09:36	00:09:40	products on Aliexpress and trying to
00:09:37	00:09:41	list these kinds of products one special
00:09:40	00:09:43	thing I would recommend if you guys want
00:09:41	00:09:44	to keep your customers happy it's
00:09:43	00:09:46	instead of trying to find products on
00:09:44	00:09:48	Aliexpress to dropship instead of go on
00:09:46	00:09:50	eBay and Amazon and find products over
00:09:48	00:09:52	there to dropship because that will lead
00:09:50	00:09:54	to a faster shipping taps and people
00:09:52	00:09:55	won't be really doing any charge light
00:09:54	00:09:57	because as you guys saw earlier with the
00:09:55	00:09:59	packet the shipping time is just
00:09:57	00:10:00	increasing but in addition to that I
00:09:59	00:10:03	highly suggest that you guys stik to
00:10:00	00:10:04	low tiket items during this time period
00:10:03	00:10:06	because as I mentioned earlier people
00:10:04	00:10:08	are going to be losing jobs they're not
00:10:06	00:10:09	really going to be in the mindset to be
00:10:08	00:10:11	buying because they're going to have
00:10:09	00:10:13	over a low buying power so what this
00:10:11	00:10:15	means is that you want to be trying to
00:10:13	00:10:17	find those low tiket items which people
00:10:15	00:10:18	don't really have to think twice for
00:10:17	00:10:21	buying and this could include items
00:10:18	00:10:24	between $20 and $50 usually I don't like
00:10:21	00:10:25	to list anything below $20 because then
00:10:24	00:10:27	I'm not getting enough profits and it
00:10:25	00:10:29	could lead to a lot of hassle in the
00:10:27	00:10:30	long run but anything between 20 to 50
00:10:29	00:10:32	is ideal at this point of time
00:10:30	00:10:34	especially if it falls into one of these
00:10:32	00:10:35	three categories but what should you be
00:10:34	00:10:37	doing when it comes to specifically
00:10:35	00:10:39	creating those advertisements so when it
00:10:37	00:10:41	comes to creating ads you want to be
00:10:39	00:10:44	specifically filling your ads with
00:10:41	00:10:46	appeals to safety security or personal
00:10:44	00:10:48	happiness and this includes descriptions
00:10:46	00:10:50	as well anything that is related to your
00:10:48	00:10:52	ad copy or get shown directly to your
00:10:50	00:10:54	customer to make them click on the ad
00:10:52	00:10:56	you should be trying to appeal them with
00:10:54	00:10:58	safety security or personal happiness
00:10:56	00:10:59	and the biggest reason why I recommend
00:10:58	00:11:01	these three things is because during
00:10:59	00:11:03	this time period people are going to be
00:11:01	00:11:04	looking for the safety of their family
00:11:03	00:11:05	they're going to be ensuring that
00:11:04	00:11:08	they're found
00:11:05	00:11:10	stay secure and get safely through this
00:11:08	00:11:12	economic downturn and they also want to
00:11:10	00:11:14	make sure that the family stays happy
00:11:12	00:11:16	and positive during this time period so
00:11:14	00:11:18	you can include words which incorporate
00:11:16	00:11:19	all of these three feelings and somehow
00:11:18	00:11:21	related to the product whatever your
00:11:19	00:11:23	advertising to really get them to want
00:11:21	00:11:25	to click on the ad and actually buy from
00:11:23	00:11:26	you but just including these things in
00:11:25	00:11:27	the advertisements it's not enough you
00:11:26	00:11:29	need to be making sure that you're doing
00:11:27	00:11:31	the low bids if you're using Google Ads
00:11:29	00:11:34	or any other platform which requires
00:11:31	00:11:35	that you insert a bid or low budgets for
00:11:34	00:11:37	advertising platforms like Facebook
00:11:35	00:11:39	going crazy and doing high budgets
00:11:37	00:11:40	during this time period is something I
00:11:39	00:11:42	personally believe should be avoided
00:11:40	00:11:44	until you are getting consistent results
00:11:42	00:11:46	simply because of the uncertainty there
00:11:44	00:11:48	is right now at this point currently we
00:11:46	00:11:49	know that the shipping is delayed but we
00:11:48	00:11:51	don't know if the shipping will
00:11:49	00:11:53	completely stop coming to the United
00:11:51	00:11:55	States in the upcoming week so because
00:11:53	00:11:57	of that we want to play the game safely
00:11:55	00:11:59	to avoid risking our ad accounts of what
00:11:57	00:12:01	we're asking our payment gateways etc
00:11:59	00:12:03	but this is the exact strategy that you
00:12:01	00:12:05	guys shouldn't be using to make millions
00:12:03	00:12:07	in Shopify drop shipping in 2020 and
00:12:05	00:12:08	onwards because yes if you do it
00:12:07	00:12:10	correctly you will become a millionaire
00:12:08	00:12:13	by the end of this economic downturn
00:12:10	00:12:14	with Shopify dropship but you will have
00:12:13	00:12:16	to follow these steps you will have to
00:12:14	00:12:18	make sure that you're taking calculated
00:12:16	00:12:20	risks but if you find any type of value
00:12:18	00:12:22	in this video smash that like button and
00:12:20	00:12:24	smash that subscribe button and I'll see
00:12:22	00:12:24	you guys next time