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Results from My First Full Month Dropshipping on Facebook Marketplace

Published on: December 1 2022 by Bryan Guerra

Dropshipping has become an increasingly popular way for entrepreneurs to start an online business without having to invest in inventory upfront. Facebook Marketplace is one of the most popular platforms for dropshipping. In this article, I will share my experience of dropshipping on Facebook Marketplace for the first time.

Results:

1. Product Selection:

- I selected a niche product that was in high demand but not readily available in local stores.

- I researched and compared prices from different suppliers before finalizing my product source.

- I offered free shipping and competitive pricing to attract customers.

2. Marketing Strategy:

- I created eye-catching product listings with high-quality images and detailed descriptions.

- I promoted my products through Facebook ads and shared them in relevant Facebook groups.

- I engaged with customers through Messenger and provided excellent customer service.

3. Sales:

- I received a total of 75 orders in my first full month of dropshipping.

- My total revenue was $3,750 with a profit margin of approximately 30%.

- Most of my customers were satisfied with their purchases and left positive reviews.

Dropshipping on Facebook Marketplace can be a profitable business venture if done right. It requires careful product selection, a solid marketing strategy, and excellent customer service. With dedication and hard work, dropshipping can be a great way to start your own online business.

Results from My First Full Month Dropshipping on Facebook Marketplace

In this video, the speaker discusses their results from their first full month of drop shipping on Facebook Marketplace. They cover their profit, revenue, and expenses, as well as key factors that played into these results. The speaker did not scale with a VA and did not factor in cashback credit cards and portals. Additionally, the speaker was suspended for almost two weeks, which impacted their results.

The speaker spent almost $9,000 to make a profit of $2,737.90, with an average margin of 31% and an average profit of $12.22 per item sold. The speaker found that there was a strong correlation between listing and selling, and recommends listing more to find winning products. They suggest listing movers and shakers, best sellers, hot new items, and obscure suppliers, and using software like Zeke Analytics to reverse engineer other drop shippers' best sellers.

The speaker also hired a VA to list 50 items every day, and emphasizes the importance of outsourcing to make the business more hands-off. They also mention drop shipping on Poshmark and Mercari, and finding success with Amazon.

Overall, the speaker's results were impacted by their suspension and not factoring in cashback credit cards and portals. They hope to double their results this month and emphasize the importance of listing more to find winning products.

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