paul lee dropshipping
Published on: February 3 2023 by pipiads
Table of Contents About paul lee dropshipping
- 7 winning products from 7-figure Dropshipper Paul Lee | Oberlo Dropshipping 2020
- How To Make $1,000+ Day For Beginners | Shopify Dropshipping Strategy
- Best Products to Sell - Shopify Dropshipping with @Oberlo
- The Best Type Of Store To Start Shopify Dropshipping
- How To Package & Brand Your Shopify Dropshipping Products
- How The Coronavirus Impacts Dropshipping - What You Need To Know
7 winning products from 7-figure Dropshipper Paul Lee | Oberlo Dropshipping 2020
understand that this is a numbers game. if you, if you decide to get into dropshipping, you must commit to finding your first winning product. Paul is a numbers guy, and one thing that makes this interview really different is how many numbers Paul ended up sharing throughout our discussion. what you've got to do is watch this interview until the end, because in this interview, you're gonna find out exactly what gross profit margin you need to sell products and still make a profit. you're also going to find out there are six criteria to look for in high potential products. you're going to learn how many add sets to put in each campaign, how much to budget for your first dropshipping store and exactly what numbers and your facebook ads will tell you whether or not you're on to a winning product. make sure you have a place to write all this info down, because it's going to come at you fast. [Music]- meet Paul. hey, what's up? pause. dropshipping journey began when he tried to grow a beard. instead of growing a full-blown beard, Paul built a full-blown dropshipping brand that made one hundred and twelve thousand dollars in one year. since then, Paul has sold that business and gone on to start more profitable dropshipping businesses, and he's now a seven-figure dropshipping entrepreneur. in today's video, Paul's going to share his product recommendations for 2020, and you're going to want to watch this until the end. Paul not only shares great tips on what to sell, but he also tells you how to sell them and who to sell them to. Paul, let's get started alright. paint me a picture of what life was like for you right before you started dropshipping. were you in school? were you working? like what was going on? yes, so I was just collecting debt as a freshman in college and I just was working server for years and I just did not see any future in this and I just questioned why I was in school. I was taking a marketing class. the first day I took that class, I dropped out immediately really because, like the marketing teacher, she had never started a business yet. she was trying to teach me how to start a business, and I'm not in school to just learn to take tests to pass the test. I actually want to learn how to market, so I went on YouTube and I learned I could actually learn more on YouTube as opposed to in this college class. dropped out, start a job shipping eventually quit school, eventually quit my job, and here we are. so that's like the condensed version of a lot of massive success. yeah, take me to that first drop shipping business that you started- or I don't know if it even was a drop shipping business at first, but what was that first business idea? so the first business idea was a beard growth product because, as an Eastern Asian man, a lot of us don't have any beards. so I just wanted to, you know, beat the stereotype, be that first or be one of the very few Asian guys have like massive beards. so I learned that there was a huge community of similar minded people trying to grow beards all over the world. so I set out a mission to create a beard growth formulation and and that unfortunately failed. I feel like doing months of every single day, like doing hours and hours of research, spending money on chemists, formulating products and doing a bunch of research and, yeah, that ultimately did so. what's interesting to me is this business started as a product you were trying to design and create yourself, and then, at what point did you discover and decide to go with drop shipping? so, right when I realized that it wouldn't work- the big reformulation- I was like I'm just not gonna take this failure, like I know so much about beards, I know so much about the community, might as well kind of do something with this knowledge. and then I figured out the beard care industry is actually a huge, like multi-million dollar industry and I was like you know what people already buying this? right? so you have like all this knowledge about a partikular niche and if you just let it all wither away, that'd be such a waste of time. yeah, I just didn't want to take that ill and I knew people already selling these beard care products, people already buying them, so I might as well. you know, I searched on Aliexpress, found actually a lot of good beard care products and I was like let me just casually list, he's on my store. and then and then I got more serious with it, copied other successful beard brands and then just went from there. and another thing I think that really stands out about your story is that you were successful enough with drop shipping that you created your own brand, so you actually had your brand on the products right. a lot of drop shippers are concerned that they can't sell anything unless it has their own brand on it. what would you, how would you respond to that? I would actually say that you should figure out if the product is selling and then decide to maybe invest more money into stok having the logo on it. okay, I'd say, actually for beginners it's really risky to just buy a bunch of inventory with your logo on it, assuming that it's gonna sell. so I would take the reverse approach and this is what I did. I tested a bunch of different products, figured out one partikular product was selling well, and then I decided, okay, I'm gonna buy just a hundred units, it's not a very big risk. and then after that, sold out about five hundred and then about a thousand. so it's very gradual and a very low risk. and now, at this point you have sold that business and you've started new ones. yeah, yeah, what else are you up to these days? so right now I'm actually just working on a couple stores, and mostly my vase managed that. so in my free time I'm actually doing mentorship. so it's like a one-on-one mentorship. I notike nobody's really doing this. once people buy a course, they don't have that ongoing mentorship. so that's really where I came and I- I basically am there in their pockets every single day. okay, does this ad look good? should I kill the sad set? should I scale this ad set. Oh, PayPal just banned me. what should i do? how should I respond? this product, is this worthy to test? kind of any question that you want to ask. that's that's the role I fulfill, great, well, I'm gonna make you fulfill that rule today, because I've got a lot of questions about the products you recommend. you ready to answer down? sounds good, get started, that's it. okay, Paul, we're looking at the first product you recommend, which is a projection light ring. now, this ring has over 3,000 orders and I've seen it before. in fact, I think we might have even toked about it before. so one thing that I want to ask you right out of the gate is: is this product saturated? in order to figure that out, we'd have to use Facebook videos searched. so just search up the product name and then look at the view counts and also the upload date. so whenever you look at the information, if it's within the month and has like million plus views, that's pretty saturated. but if it's from like 8 plus months ago then and it had that many views and not recently that many views, then that's a kind of good sign that nobody assessing this right now we're not. that many people were testing this, so it's a potential opportunity to try and sell that product interesting. so you're. you're telling people: not only look for the Facebook ads with a lot of views, but keep in mind that customers have short memories and within 8 months they can forget that they saw this ad and they might be interested in it again. that's not something that we hear a lot on the show. that's a really good tip. yeah, it's like you can recycle these winners, and a lot of times I've figured out these winning products. they're not fresh. they've been recycled to year after year. so, for example, like some summer products, they sell hot in June and then people forget about them and then, starting in May, somebody reintroduces it. the first person to reintroduce that product typically can just reuse an old video and make that a winner again. why did you pick this as one of your winning products? what stood o?
How To Make $1,000+ Day For Beginners | Shopify Dropshipping Strategy
what's up, i'm paul lee and in today's video, we're gonna tok about the five steps to make a thousand dollars a day, and this is gonna be the easiest way to make at least a thousand dollars a day. this video is gonna be more geared towards beginners, but i think that a lot of intermediates will be able to benefit from the content in this video as well. so, if you're new to this channel, my name is paulie. i've been doing this since 2016 and the goal of this channel is produce as much value for you guys as possible, so make sure you subscribe and watch this video to its entirety. so let's begin. so here are the five steps on how you can make at least a thousand dollars a day, and before we get on with this video, i'd recommend to you my previous video that was toking about the five most common mistakes. make sure you check that out. if you haven't linked are in the description. let's get on with point number one, which is to start with a general store or a industry store, and industry store is also known as a big niche store. why do i recommend a general store or industry store is because you have very flexible testing abilities, whereas with the one product store. with niche stores, you're very, very limited in the products that you can test. general store- industry store- you can test almost any product that you want. a concern that a lot of people have for general stores is that it looks very scammy. it looks very untrustworthy. that it will not be the case if you implement good design practikes. so what does that mean? having a consistent color palette, maybe one or two colors, maybe blue, for example, and having a good website structure and good copy writing practikes and overall having a very cohesive, very branded appearing store. it's gonna make your store not look untrustworthy or scammy. point number two would be to take the time to prevent problems that often lead to time wasted or even quitting. so you want to take the time to legitimize your business present. so i have some notes here. some things you should do is to have a business ein, either through a sole proprietorship or an llc. have your business virtual address and have it in your footer. have a business paypal account. take the time to fill in the business details for shopify, for paypal, for facebook business manager accounts and just taking the time to be as legitimate as possible. these things will make it less likely for you to experience holds and other pains and other headaches while you're dropshipping. point number three would be to focus on current winners or untapped products. now, i tok about this all the time in my videos, but it is the easiest product for you to be able to see results with partikularly fresh winning pots. product research definitely deserves a video on its own, but there were two methods. with fresh winning products, you can find them on your facebook news feed by manually clicking on each video and seeing the upload dates. that's one method. an easier method, more convenient and faster way would be to use websites like draw points or new product spy. i used that a couple times before ad spy, big spy, some of these other methods that you might be familiar with. so you want to prioritize speed with these current fresh winners, and the method for finding untapped products would be to go on the chinese websites themselves, which are taobaocom1688.com. there are a couple of others. basically go on these websites and search them like you would on aliexpress. so basically going through the categories, going through the filters, going through the curated lists, like bestsellers or curated category lists, and just analyzing products they're seeing, whatever captures your interest and potentially testing them. these products on those websites are more likely to be untapped because they have not been on aliexpress yet and because, also, a lot of jobs don't even go to these websites at all either. so those are two methods. another method i recommend is social media products research. like a lot of instagram accounts are actually specifically for dropshippers. they're, like you know, winning products or winning dropshipping products, like a lot of accounts named like that, and they simply post video ads every single day of new and upcoming trending products. a lot of times those videos aren't on youtube. a lot of times those videos aren't tik tok, uh, pinterest, etc. so a lot of these social media channels actually have so many accounts that are dedicated to drop shipping products, which they pretty much do the work for you. point number four would be to have a good understanding of facebook ads: testing, moderating and scaling. a lot of times, especially beginners, they just rush into facebook ads. they're not really sure what metrics they're supposed to look at. they're not really sure what is expensive, what is not, what looks good, what looks bad and when is the time to scale, when is it time to kill a product. you need to understand all these metrics, all these principles, before you even launch facebook ads. so if you want to know how i moderate and how i test facebook ads products or products on facebook ads, i made a video and you can check it out in the link in description. now the fifth point would be to have cash flow. now the worst case scenario is to find a winner and to be skilling, but find yourself not able to scale further because of cash flow problems. you want to have enough cash reserves for scaling for facebook ads, as well as for product costs and any va's or apps that you might have as well. so you definitely want to have income or enough savings to be able to sustain dropshipping. i'd say at least a thousand dollars honestly, more the merrier, but you know you could get away with having a 500 budget, but anything below that it's very, very dangerous. it's very shaky. you're not going to be able to scale as hard as you could. definitely want to have money, okay. so i know a lot of people like to preach low budget, drop shipping and everything like that. it's possible. but you want to understand that budget equals speed and speed equals momentum. you want to maximize the amount of cash flow you have before you even start dropshipping. that's my honest recommendation. however, i know a lot of people who have dropship with 200, with 500 is very possible. that is just my recommendation. and another recommendation i have is for you to get a credit card, partikularly a zero percent apr uh credit card for the first 12 months. so what does that mean? it's essentially pretend like you have a loan and you don't have to pay that loan for entire year. traditionally, with credit cards, you have to pay the balance every single month, right, but with a zero percent apr you don't have to pay month by month. you can wait until the entire year is up and pay that balance due. so, partikularly, i recommend the uh chase business, preferred unlimited or cash. and they also have bonuses, which is like. i think it's like a 500 bonus or a thousand dollar bonus or something, within the first three months. i don't remember the fees, i think it's like zero dollars or 150 a year, but it's definitely recommended, it's definitely worth it. so that's the fifth point. so that's it. those are the five steps on how you can make at least a thousand dollars a day. if you like this video, definitely know by liking this video and these videos are specifically for you. so let me know what kind of content you guys would like me to make in the next series of weeks and let me know down in the comments below. you can dm me as well on instagram and i hope you subscribe if you like this video and i'll see you guys in the next video.
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Best Products to Sell - Shopify Dropshipping with @Oberlo
these are the exact products that I would test, literally. hey guys, it's Paul and in this video we're gonna be looking at some product recommendations and I'm actually working with uber Lo in this product recommendations playlist. highly recommend you guys check it out. by the end of this video, you'll be able to see the exact products that I recommend and why I also recommend them. like what, what looks so great about them, how I would market it, how I would kind of tested on Facebook. you're new to my channel. my name is Paul. I'm a seven-figure shopify job should grow. I've been doing this since 2016. I've been verified and endorsed by over lo several times. you guys protect that. if you once really appreciate it to subscribe and hit that like button and leave any comments. if you guys have any questions, alright, let's get on with the video. alright, so this is probably number one. it's a kind of speed projector windshield device. I'm gonna have to think about how it would name this product, but the reason I like this product is because, by the way, before I even get to these products, it's really important that these are the. these are the foundations for what made me decide on these products. this is essentially the criteria, and if you guys haven't watched my video of a criteria for winning product, I highly recommend you guys watch that for more details about these criterias. so this first product: it does have a slight wow factor and that's this image automatikally caught my attention: LED display on your windshield like you've never really seen that before. I can't think of any store that would sell this personally. and it does solve a problem. what you can do is you can search on Google and then kind of get an idea of who actually buys this product. what is that? what is the problem that's solving? so many times I like to do a little bit of product research. I just searched out the product on Amazon. it doesn't have to be the exact product, but it just has to solve the same problem. so then I read the reviews. I kind of skim through a couple reviews and these reviews they're basically customers telling their problems. you know, with customer reviews they love toking about their problems. they love to describe who they are. some say they kind of give a whole story. so you guys can read this information and then kind of come up with a really powerful marketing angle. okay, so now we have a couple of marketing angles and I would probably price this product at arounds $29.99 plus five dollars shipping. so these pictures itself aren't that's appealing. so in order for us to get away with selling it at 20 or more. so let's say, if a product caught your attention, that doesn't mean that necessarily you're gonna end up testing this product. you should always look at the related products to see if there's any better styles of the product. so, for instance, we see this one. it's kind of like the same product, I think, but this one might have a different video. yeah, see, already has a better video. you know, it kind of has some better pictures, I think. yeah, I would say these pictures are better. so you definitely want to look at the different listings and and use these different listings to determine like which one has the best photos for you to use. because the marketability: you have to have a very good, high perceived value when you're marketing this product in terms of the ad crib and in terms of the product page. alright, so here's the next product. it's some sort of car lights LED strip. so we would probably go with the video ad creative and this doesn't only apply to cars, which is really neat. so a product like this is actually pretty general and it can be niched it down. you can itch this kind of product down towards, specifically, a car in Auto, or you could do this towards a gaming, or you could do this like kind of like towards fashion, like for instance this one, or just like a lifestyle in general, so you could test. you could essentially test different niches and see which niche really stiks with this product. so it's pretty big audience size and it only has nine doors so it's very new. or this partikular listing only has nine orders and, yeah, like I said, it can be expanded into different niches. so you would need essentially different creatives, but I could definitely see this product absolutely killing it alright. so here is our next product. it's sort of a phone mount and and a magnifier, so not just hold your phone, but it also magnifies it. so most likely you're use your phone before you go to sleep- at least I know I do. most Millennials do. they watch Netflix, YouTube, stuff like that before they sleep. so having a sort of a video that kind of demonstrates the actual use case of this product, like when you're going to sleep, that could be. that could work. essentially, you can work with this existing video footage and it has Chinese in it, of course. so you would either need to play around that, either crop out the video footage that has the Chinese or some sort of text covering it so that you can't see Chinese. so, yeah, this footage is awesome, like very, very good. yeah, just like that, right there, that'd be the first five seconds. like just like that. it instantly demonstrates what this practike, why it's beneficial, why you want it, why it should care. so if that first five seconds intrigues them, then they're gonna watch the entirety of the video and that's the purpose of the first five seconds: a hook. so, yeah, the video, you know, really clean, really good pictures, like super high quality. you couldn't ask anything for anything more. yeah, the just everything is here for you. like you could have the whole test done, or you could have the whole product page preparation and the video ads done in like less than two days and it'd be ready to launch. I would probably price this product at around $29.99 plus $4.99 shipping. so a product like this is this very general. it's not even very niche at all. so pretty much anybody has a phone, most people consume, consume, social media, a video of some sort. so product like this is very, very broad. I would actually test targeting no interests. so an ad set with, you know, putting in the countries and the ages and things, but no interest at all, I would test that. and I would also test maybe students, college students. I would test people potentially living in dormitories. so if dormitory is a sort of interest, I would try to test that. I would maybe test mobile phone accessories, maybe people who own iPhone. so the audience size of each interest could be in the millions to tens of millions because, like this product, it's not specific at all to an audience. anybody could buy this product. all right. so here is our next product. it is a LED kind of deer beamed essential oil diffuser slash humidifier. so these products do absolutely well during the colder months. and this listing has really good photos, you know, just seems it has a very high perceived value. very modern design, very aesthetik, very clean, minimal. so right here it's kind of obvious to me what the target market is: is people who are have an interest in humidifiers, essential oils, aromatherapy, yeah, so the reason I like this product is it solves a problem. it looks very nice. it's also a very good price. you can sell it at $29.99. like I said twenty nine and like I, that's the low tiket price. I don't offer typically. I don't offer $19.99. I really like $29.99. okay, so here is the next product. so this product does not have as much of a WOW factor as the other ones. you know, it's a pretty standard product. it's very obvious as to what it is, but the thing is it has a very good high quality perception. like it looks like Apple made this product like, has the same sort of aluminum matte finish, looks very high quality. the photos are very good and it does solve a problem like this. this kind of product is so universally applicable that it could benefit anybody that owns a laptop. so Facebook interests: you could target people who own a MacBook. I like it, you know. Dell laptop people who go to office entrepreneurs- you.
More:biaheza's full dropshipping course free
The Best Type Of Store To Start Shopify Dropshipping
general store, one product store, branded these stores, and there's just so many different types. many people are confused on what to pursue. here are somebody saying this? they hear somebody say that you really have to know what you're pursuing in order to actually get into the strategy. in order to understand Facebook Ads, in order to do product research, you have to know what the solid foundation is first. hey guys, it's Paul, and in this video we'll be looking at the business models in sight of Shopify, dropshipping and the kind of stores types associated with it. by the end of this video you're gonna clear- hopefully you're gonna have a clear sense of direction on. you know the type of business model you're pursuing, the type of store you're pursuing. if you're new to my channel, my name is Paul, my seven fingers up, five job spirit and news for quite a while, even been endorsed and verified by overall. you guys can check that out. I would appreciate it if you subscribe and hit that like button. alright, so we are alive. it's the types of stores and the business models. now here are a couple key ideas. dropshipping is a fulfillment method within a business model, so it's not a business model and of itself. when people say jobs being. you need to. there needs to be clarification on what type of store the creating and that type of store creating that they're creating is directly correlated with the business model that they're pursuing. so here are the types of stores. you guys probably know these right there, so let's go over each one and before you even decide, I'm just gonna say this: I don't want to be biased with this video. all of them are legitimate and all of them work. you know a lot of people like to say like you know you need to do this. this is the only effective one. this is the best one. you know a lot of click baby claims like that. I've even been guilty of that. I said one part: stores don't work. it was a very click baby title. I changed that title. just understand that they all work and they all have the pros and cons. every type of store should still embrace good business practikes. the question of should I private label? it might come up. so you know why you can. you don't need to look at it as something you need to do or something that happens after you start scaling or you know it's like the conclusion of drop shipping. you don't have to do it: drop shipping and building a private label brand, or very different in terms of operations, in terms of team management, like it's completely different, right, so you don't have to do them. you know you can decide, it's it's there for you to decide. so the first one: channel store. this is my specialty and this is the one that I recommend most of my students, my mentees. so this is this model. it basically has a huge focus on product research, testing and capitalizing on winning products indefinitely. so we dominate winners before they get saturated. we essentially squeeze out the sales of a product and then move on to the next product. we have no association, no attachment to any type of niche, any type of product, any type of audience. so the kind of elements, the business model, these are the elements, very simplified of course. you saw, hopefully very clean trust where they look inside. you do extensive product research and you continuously do product research and you continuously test and you know, based on results, you either kill it or you scale it and then you repeat it. that's essentially good. that's why I like this business model so much: general store job, shipping. because you know you can hire people to do product research. you can hire Facebook advertisers. you know what I mean. like it's instant, definite. you have an indefinite amount of winning products. there are no limitations on the consumer demand for products that they want to buy. it's just your responsibility to provide them those products that they want to buy. huge emphasis on products and the quantity of products advertised. whereas the other business models or other two story types, they put a huge emphasis on marketing, this one is focus on product. if you have a very good product or, and you're not a very good marketer, you can still do very, very well. so, like I said, you don't have any attachment and we'd spent a little bit of money testing it and if it doesn't work, then we move on to the next product. here's some frequently asked questions. doesn't it look spammy or scammy? not, if you designed to look very organized, very professional and very branded. so as long as you have those components inside of your store, people aren't even going to think that it's a general store or drop shipping store, and that's the purpose that. drops from the store did not look like a job shipping store. do you move the product to another store after you validated it sells? no, because you lose a lot of the momentum and you lose a lot of the potential. if it's working on your ad account can just aggressively go with it. what did the conversion rate be? lower? because they see this product and it's not. you know it's not related to this product and therefore you know whatever. no, or hardly. it's because the product page and the marketing is what sells them. they are scrolling on their newsfeed. they're not shopping. you're interrupting them with an app- iseman- and if that advertisement engages them enough, then you know they watch it all the way through. then they click on the link and then d'Alene on your landing page and then, if that landing page has a good price, all the information that they need to know and persuades them they're gonna buy it. they're not going to be like: this product isn't related to this product. you know the product page and the product and the market is what sells them, not your store. customers won't come back again, right, and this one I actually agree with. maybe less than 10 percent, it's gonna be your least, right. so the other stores they're gonna have a higher customer retention rate, but it doesn't matter because the volume is very- it's already- hugely substantial and very significant per winning product. so if you have a winning product, you're, there's a lot of money already to be made. we don't need to depend on them to buy again. so here are the pros and cons. it can be trustworthy and professional and peer branded with good design. so that's not out of the window. you're able to test anything and everything who, and also enjoy limitless Gale ability with winning products. so, because you can test anything and everything, there was no limitation and, like I said before, there were no limitations on consumer demand. people are always gonna be wanting to buy things, so there are an infinite amount of winning products and there is no obstacle if you want to test this product and when it says this product, you can test them both. you don't need to create store based on them. you don't need create another niche store, whatever. you can test anything and everything and it's easiest and quickest to find a winning product. simply because of this reason, you know you're able to test a lot more products and if a product catches your eye, then you can immediately test it, instead of having to create store entirely based on that product. and then the winning product gives you a nice enough cash flow in order to test more products, in order to find more winning products, and you can stack the winning products. if you really want to make a million a month, which there are- yeah, I'm not making that. by the way, I'm a seven-figure Shopify drop, sure as in I've generated over a million and lifetime sales, not per month. that's outrageous. I'm not at that level yet. you want to make a million a month. if you want to hit these extremely high numbers, you need to stack the winning cards. you need to have multiple winning products at your scaling. so with the general store, it's hugely scalable. that's that's what I mean by that. disadvantages is that you know if you try to sell it, it's not going to be new, as valuable as a niche store. so let's say, if you had a general store that produced 100
How To Package & Brand Your Shopify Dropshipping Products
hey guys, it's Paul from become Swift and today I wanted to and a packet drop shipping product review. you know, as a marketer myself, I'm very wary of the marketing tactiks, of the psychological tricks that they use in their copy and their images in there. you know sale, price and their email newsletters. I'm aware of it all. I'm aware that I'm being sold and it's pretty hard to sell me. okay, like I'm a consumer, of course I buy things, but I'm very strategic with buying things and I know how to make that decision. I know how not to get convinced. but, um, apparently not. actually, because this company, I'm not sponsoring them. I don't even care if you purchase them. this Instagram added, basically said they're going out of business, they're having a last blowout sale, like a hundred dollars off their watches. so I was like: man, this is a pretty good opportunity to buy some watches. I was considering to myself. I was like, okay, this is a Shopify store. is this his drop shipping store? and I was like, maybe it's not. and the reason I thought not is because it said Godfrey, since 1923. and I was like: but since 1923? I was like, okay, they established 1923. they probably had a bunch of artisans, watchmaking artisans, you know crafting this thing all the way back in the nineteen hundreds and there's like a history behind it. there's a brand and the website and everything looked really good. I could trust it. I never heard of the brand before. I interacted with it with like two or three times on the website before I bought this thing. like men, this is a legitimate company. you know, this is not a job shipping store. this is the actual brand that's been around since a long time. but they fooled me. they fooled me. okay, this is not a positive nor negative review of their watches itself. this is a review of their marketing and their tactiks and their branding and I think there are some lessons to learn here. so, right when you open it, you are greeted with two very premium looking luxury brands: watch cases, watch boxes. it's nice, like it's. it comes to customer experience. it makes makes it seem like you've got a legit, really good quality thing. so, right when you unbox it, you get greeted with this little car thing. it's just really nice and like the thicknesses is of an actual credit card. like. this thing is not a cheap little paper. one thing I would change is the grammar is like you can clearly tell somebody non-english wrote this thing, but you know it's a nice touch. so got a nice little protective sleeve thing and then you're greeted with the actual watch. now you've got this little, nice little banner thing going up like that and it's actually a very nice looking watch, like- I'm not even gonna lie- it's a stainless steel all over silver and nice. it's very nice. it's very flexible, very thin and this reminds me of like a Daniel Wellington watch. in terms of quality definitely looks pretty good. you know, the whole perception I have of this is, you know, pretty high quality. so let's look at the second one. the same thing going on here and we got this one right here. so, like I said, if you guys are familiar with Daniel Wellington, this is like the exact kind of style and, yeah, the quality is very nice. so these are the two watches I bought. they even have the gold free sketching on the back of this thing, so you can clearly tell they put a lot of difference to this. so some tips for branding and customer experiences: go the extra mile. go the extra mile like: if you have a winning product, if you're still testing products, do not do any of this stuff. you're gonna waste money. if you have a winning product, go ahead and invest a little bit more into packaging like this- and, like you know, business car is old flyers. all you have to do is ask, ask your supplier, because a lot of times your supplier will have these resources and will be able to do it for extremely cheap. for example, I used to job ship a comb- a beard comb- and it had silver screws. in the past I asked my supplier. I was like hey, can I get these in gold? and they were able to do it for me. it was a little bit more expensive, but the perception of a comb with gold screws rather than silver screws is pretty significant. you can charge more if the perception is higher. if you still want to do the job shipping route, you can still provide the branding experience, just gonna have to have like automated emails saying or manufacturing it right and make it seem like it's a legitimate thing. however, it was a very deceptive how they tricked me and said that they're going out of business, which is probably not true and it probably won't bite them back in the ass when customers see they're still advertising and they're like, hey, you're going out of business. and then the description says quartz watch and some Chinese letter and this is a SKU I would say like the actual branded watch name and no Chinese letters, no SKU. and then over here at value I will put the value of how much I paid worth, of how much the customer pays for it. this one says five. that's the actual Aliexpress price. I would tell the supplier to change this invoice and forge the value of it to make the received value a lot higher and you don't have to pay any extra tariffs for that. if you're above a thousand dollars or something in value, then you have to pay some tariffs. but you know I'm not a legal expert, so don't count me on that. this is what I've done them. whenever I sold shops, even products that were with like $2, I told the manufacturer: hey, price it at $50. we're like you know something like that. I didn't have to pay any tariffs. but yeah, good job. guys, if you're watching this, this is not a review. I'm not even gonna have that link in the description. you guys really convinced me, especially with the subtle since 1923 that is so subtle, but it actually works. we found this content useful then, going into the subscribe button, upload videos like this all the time, especially with e-commerce, Shopify, drop shipping, that sort. give it a like button and leave in the comments if you have any questions and I'll see you guys in the next video. thanks for watching.
How The Coronavirus Impacts Dropshipping - What You Need To Know
hey guys, it's Paul and in this video we're gonna be looking at how coronavirus will affect drop shipping. so in this not-so-positive video we're gonna explain how it's gonna affect drop screen, the things that you can do during this time and kind of what's expect and actually like kind of like what's going on. of course, I'm not an expert in this topic. I'm not even Chinese, by the way, I'm Korean, not like that matters. so summarize this artikle: the Chinese New Year's will be extended to the February 10th. as we know it right now, it might even be extended even farther, just seeing how this, how this thing grows. so specifically, shipping, logistiks and production, those things are gonna be affected simply because a lot of the factories and a lot of logistiks companies they're closed down, a lot of transportation systems and also the fact that you know Chinese New Year's was delayed to the 10th of February, for right now it could even possibly be extended more. so that's gonna cause a death, a definite delay on shipping, on order processing, things like that. I think the coronavirus is actually a lot bigger than people are pressuring it out to be, especially the Western media, people in China, like this nurse, for instance. she's saying literally hundreds of thousands people are already infected or potentially infected. so I think the truth is somewhere in between and this is just my perspective. so I've been staying up to date on this topic from this channel specifically and a couple of the new sources so you guys can check that out if you want. links are in the description. now, a question you might have- I know I definitely ask myself this- is that if what happens if a package is contaminating, the customer receives that, does it pose a risk of them potentially being infected, which is a serious ethical question to ask? the good news is that it wants, let's say, a package was contaminated. that virus only stays alive and is only transmittable up for a couple hours or a couple days. so you know a packet, you know I mean it's not, it's gonna it's gonna take longer than a couple days, so that's gonna be okay. the downside is that the customers are going to have an irrational fear when they see a package come from China and they hear all these headlines and stuff. they're not very excited about that. and your returns and your disputes they're gonna go up. they're gonna go significantly up. so my general recommendation is that if you ever went in product that you're scaling is very hard to revive a winning product. if you turn off the ads like it's just, you just lose momentum, you just lose potential, so that really really sucks if you're in the case. so what I recommend you do is that you just prepare for the backlash that you're gonna get and you do this by extremely good customer support and stiking to your refund policy. have your refund policy explain that the product, the product, must be damaged in order for them to get a refund. the only reason they want a refund is because it's from China. that's not a good enough reason. and then also, they have to ship it back to you. so you know they have to pay for return shipping, take the time to ship it back to you and a lot of times customers are lazy, they don't even like to do that. but the bad thing is that PayPal- you know PayPal- always sides with the customers. so try to educate any customers that are saying: oh, you know, this party is probably contaminated. you know this is so unethical, whatever. try to educate them that that's not the case. so if you are skilling, I would definitely recommend kind of scaling down a little bit or just shutting off entirely. it's up to you. let's say, if your supplier says, okay, we're gonna ship on February 10th, but what happens if it gets too late? further, what happens if it delays to February 25th? then you're gonna be returned all those orders. you're gonna do it, it's. it's gonna be a huge headache. you kind of have to balance that out, figure out the pros and cons. now, obviously, I don't know what's gonna happen. the only thing I'm doing is I want to prevent that headache. that's gonna happen. so I'd rather go a period of time without making as much money. you know how you want to operate your businesses, how it's up to you. you have to make that decision. for me, I've made the decision to just take this time and to just meditate over how I'm going to structure this business, how I'm going to hire more people, how I'm going to build out my systems. so, partikularly, what that means is I've made new stores, I've hired some more people and be productive, and during this time, that's what I'm doing. I have stopped all ads, I'm not testing any products as of now and I'm not, of course, I'm not scaling any products as of now. I mean, honestly, this is up to you. you guys have to balance it out. but you know, like I said, I have no idea how this thing's gonna play out. let's just hope it goes for the best, not even just for business, but just because that's some scary stuff. it's really scary in China right now. so that's all I could say. I think guys have any questions. just leave them down below and if you haven't liked this video, subscribe. if you haven't already hit that little notification bell, and that's essentially it. I'll see you guys in the next video. thanks for watching. stay safe, by the way.