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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

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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

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