[REVEALED] Testing New Dropshipping Products For FREE ($0 ON PAID ADS OR INFLUENCERS!)
Published on: November 27 2022 by Peter Pru - Ecommerce Empire Builders
[REVEALED] Testing New Dropshipping Products For FREE ($0 ON PAID ADS OR INFLUENCERS!)
Table of Contents About [REVEALED] Testing New Dropshipping Products For FREE ($0 ON PAID ADS OR INFLUENCERS!)
[REVEALED] Testing New Dropshipping Products For FREE ($0 ON PAID ADS OR INFLUENCERS!)
startTime | durationTime | text |
00:00:00 | 00:00:04 | in today's video I'm gonna be showing |
00:00:01 | 00:00:06 | you exactly how you can test out your |
00:00:04 | 00:00:09 | drop shipping products before driving |
00:00:06 | 00:00:10 | any sort of paid traffic to it that way |
00:00:09 | 00:00:13 | you could test it out for free as a |
00:00:10 | 00:00:15 | winner validate it and then put some |
00:00:13 | 00:00:22 | money behind it let's get right into it |
00:00:15 | 00:00:22 | so if you're currently a Shopify drop |
00:00:22 | 00:00:23 | shipper |
00:00:22 | 00:00:25 | you're selling your drop cheating |
00:00:23 | 00:00:27 | products and you want to launch your |
00:00:25 | 00:00:29 | next product but you're not sure hey is |
00:00:27 | 00:00:32 | it worth it is it worth just be testing |
00:00:29 | 00:00:34 | it with paid advertising or having my |
00:00:32 | 00:00:36 | influencers shout it out or whatever and |
00:00:34 | 00:00:38 | you want to make sure hey isn't a |
00:00:36 | 00:00:40 | winning product to begin with before I |
00:00:38 | 00:00:43 | put some of this paid traffic behind it |
00:00:40 | 00:00:44 | today's video is 100% for you so if |
00:00:43 | 00:00:47 | you're brand new here to the e-commerce |
00:00:44 | 00:00:49 | empire builder family I just want to |
00:00:47 | 00:00:50 | give you a huge warm welcome make sure |
00:00:49 | 00:00:52 | you hit that subscribe button and turn a |
00:00:50 | 00:00:54 | notification bell on so you're notified |
00:00:52 | 00:00:56 | every single Monday Wednesday Friday as |
00:00:54 | 00:00:58 | we release new content here on the |
00:00:56 | 00:01:00 | channel and make sure you drop a comment |
00:00:58 | 00:01:02 | down below in today's video so you have |
00:01:00 | 00:01:04 | a chance to win a free one-on-one |
00:01:02 | 00:01:05 | coaching session with me where we can |
00:01:04 | 00:01:08 | tok about your new or existing |
00:01:05 | 00:01:09 | ecommerce business and we'll flash the |
00:01:08 | 00:01:11 | last videos winner right here if that is |
00:01:09 | 00:01:14 | you email peter at ecommerce Empire |
00:01:11 | 00:01:16 | builders calm to schedule your free call |
00:01:14 | 00:01:18 | but without further ado let's get right |
00:01:16 | 00:01:20 | into it guys so the typical life cycle |
00:01:18 | 00:01:22 | when you're just getting started in drop |
00:01:20 | 00:01:23 | shipping is you find some trending |
00:01:22 | 00:01:26 | product you find some winning product |
00:01:23 | 00:01:27 | that's already doing well right you find |
00:01:26 | 00:01:30 | some winner right now the reason you're |
00:01:27 | 00:01:33 | trying to find a winning product right |
00:01:30 | 00:01:34 | out of the gate guys is so you can get |
00:01:33 | 00:01:36 | some customers or you can get some |
00:01:34 | 00:01:37 | experience under your belt start making |
00:01:36 | 00:01:39 | some sales bringing in some cash flow |
00:01:37 | 00:01:41 | now the way we kind of do this we don't |
00:01:39 | 00:01:43 | really use Shopify for a drop shooting |
00:01:41 | 00:01:45 | business we don't use Amazon FBA we use |
00:01:43 | 00:01:47 | something called sales funnels alright |
00:01:45 | 00:01:48 | now once we have that winner we plug |
00:01:47 | 00:01:51 | them into something called a sales |
00:01:48 | 00:01:53 | funnel now sales funnel is basically a |
00:01:51 | 00:01:55 | guided sales process we take our |
00:01:53 | 00:01:58 | customers through from Step A to Z |
00:01:55 | 00:02:00 | selling that one single winning product |
00:01:58 | 00:02:02 | now with this we have our opt-in page we |
00:02:00 | 00:02:04 | have our order form page and then we can |
00:02:02 | 00:02:06 | upsell or down sell our customers |
00:02:04 | 00:02:08 | additional services before they finally |
00:02:06 | 00:02:09 | hit R thank you now if you want to learn |
00:02:08 | 00:02:11 | more about this and see this thing in |
00:02:09 | 00:02:13 | action attend a sales funnel master bus |
00:02:11 | 00:02:14 | down below |
00:02:13 | 00:02:16 | we're not gonna go into the nitty-gritty |
00:02:14 | 00:02:18 | of optimizing a funnel in this video |
00:02:16 | 00:02:20 | just showing you exactly how to test out |
00:02:18 | 00:02:22 | these trending products now there's a |
00:02:20 | 00:02:24 | few ways we can test out these winners |
00:02:22 | 00:02:26 | okay now once we have a winner right we |
00:02:24 | 00:02:27 | have to go validate our winners there's |
00:02:26 | 00:02:30 | other content on the shams to show you |
00:02:27 | 00:02:32 | how to validate your winners now we plug |
00:02:30 | 00:02:34 | that into our into our funnel right so |
00:02:32 | 00:02:36 | we have our winner inside of this funnel |
00:02:34 | 00:02:38 | now here on our opt-in page we're |
00:02:36 | 00:02:40 | actually collecting email addresses just |
00:02:38 | 00:02:41 | note that right we're collecting email |
00:02:40 | 00:02:44 | addresses the moment people land on our |
00:02:41 | 00:02:46 | store right collecting that database of |
00:02:44 | 00:02:48 | emails of customers and non customers |
00:02:46 | 00:02:50 | right so these are gonna be people that |
00:02:48 | 00:02:52 | are prospects all right these are |
00:02:50 | 00:02:54 | prospective prospective customers all |
00:02:52 | 00:02:55 | right they may or may not buy from us |
00:02:54 | 00:02:57 | and the people in our order form these |
00:02:55 | 00:02:59 | are people that if they do end up buying |
00:02:57 | 00:03:01 | they're gonna be our customers right our |
00:02:59 | 00:03:04 | customer emails now now we have two |
00:03:01 | 00:03:05 | lists right here we have two email lists |
00:03:04 | 00:03:07 | or you have prospects people that never |
00:03:05 | 00:03:08 | bought from us and then we have people |
00:03:07 | 00:03:10 | that actually did buy from us which is |
00:03:08 | 00:03:11 | fantastik that list is constantly |
00:03:10 | 00:03:14 | building up because we're selling this |
00:03:11 | 00:03:16 | winning product in an evergreen sales |
00:03:14 | 00:03:18 | funnel so it is making us sales every |
00:03:16 | 00:03:21 | single day all day every single day |
00:03:18 | 00:03:22 | generating us customers however right |
00:03:21 | 00:03:23 | eventually you're gonna get to a point |
00:03:22 | 00:03:25 | where your funnel you know it's chugging |
00:03:23 | 00:03:27 | along it's making money for yourself now |
00:03:25 | 00:03:29 | you're now it's time to move on to the |
00:03:27 | 00:03:31 | next product the next product okay now |
00:03:29 | 00:03:33 | what you can do is you can go find that |
00:03:31 | 00:03:35 | whit next winner plug it into a funnel |
00:03:33 | 00:03:37 | and shoot for the moon but here's an |
00:03:35 | 00:03:39 | easier way to do it right I like to kind |
00:03:37 | 00:03:41 | of I don't have a term for this but I |
00:03:39 | 00:03:43 | like to test out this product with |
00:03:41 | 00:03:45 | current assets that I have right so |
00:03:43 | 00:03:46 | let's say I go and find a new product |
00:03:45 | 00:03:48 | that I want to sell right but let's call |
00:03:46 | 00:03:50 | this product number two what I'm gonna |
00:03:48 | 00:03:53 | actually do is I'm gonna test this |
00:03:50 | 00:03:54 | product in two ways before actually |
00:03:53 | 00:03:56 | three ways that I might share my testing |
00:03:54 | 00:03:59 | amount three ways before I launch this |
00:03:56 | 00:04:00 | product out to cold traffic right so |
00:03:59 | 00:04:03 | right now we have traffic let's say |
00:04:00 | 00:04:06 | coming from Facebook Ads to this funnel |
00:04:03 | 00:04:08 | now when I test out this product right |
00:04:06 | 00:04:10 | let me just draw a line here so we keep |
00:04:08 | 00:04:11 | everything separate now when I'm testing |
00:04:10 | 00:04:15 | out product number two what I'm gonna do |
00:04:11 | 00:04:17 | is I'm going to firstly send an email to |
00:04:15 | 00:04:19 | my current customer list all right I'm |
00:04:17 | 00:04:22 | gonna send it out to my current customer |
00:04:19 | 00:04:24 | emails now you already have this email |
00:04:22 | 00:04:26 | list rocking and rolling this whole |
00:04:24 | 00:04:27 | entire funnels making |
00:04:26 | 00:04:29 | customers constantly making your |
00:04:27 | 00:04:31 | business revenue however what happens |
00:04:29 | 00:04:34 | with a lot of dropshipping storeowners |
00:04:31 | 00:04:36 | is that you forget that hey that's your |
00:04:34 | 00:04:38 | most value asset is your customer email |
00:04:36 | 00:04:42 | list utilize them to test new offers |
00:04:38 | 00:04:45 | send your second product to them to test |
00:04:42 | 00:04:47 | it out that's 100% free on your part if |
00:04:45 | 00:04:49 | your customers are purchasing this |
00:04:47 | 00:04:51 | product number two that gives me a good |
00:04:49 | 00:04:54 | checkmark that says hey you know what |
00:04:51 | 00:04:56 | warm hot traffic does respond well to |
00:04:54 | 00:04:57 | this offer if it doesn't that means |
00:04:56 | 00:04:59 | product is not gonna sell to cold |
00:04:57 | 00:05:00 | traffic I promise you that there has |
00:04:59 | 00:05:03 | never been a time where I haven't moved |
00:05:00 | 00:05:05 | on this method and if my product that my |
00:05:03 | 00:05:07 | customers wouldn't buy from me it would |
00:05:05 | 00:05:10 | they would it would never last on cold |
00:05:07 | 00:05:12 | traffic ever ever ever okay so this is |
00:05:10 | 00:05:14 | test number one you have to send that |
00:05:12 | 00:05:16 | product to your current customer email |
00:05:14 | 00:05:18 | us and see if they are willing to buy it |
00:05:16 | 00:05:20 | if they're not go back to the drawing |
00:05:18 | 00:05:23 | board go find a new offer to put |
00:05:20 | 00:05:25 | together then repeat now if they do buy |
00:05:23 | 00:05:27 | if they do buy this offer right that's a |
00:05:25 | 00:05:29 | check box perfect right perfect hot |
00:05:27 | 00:05:32 | traffic is buying it now let's go |
00:05:29 | 00:05:34 | towards warm traffic now warm traffic is |
00:05:32 | 00:05:36 | going to be our prospect list right |
00:05:34 | 00:05:39 | people that didn't buy from us yet right |
00:05:36 | 00:05:41 | so prospect emails right now these |
00:05:39 | 00:05:43 | people are is going to be more of a warm |
00:05:41 | 00:05:44 | traffic right our customers are hot |
00:05:43 | 00:05:46 | traffic these are people I pulled out |
00:05:44 | 00:05:48 | that credit card and bought from us our |
00:05:46 | 00:05:51 | prospects are sort of warm traffic now |
00:05:48 | 00:05:53 | warm traffic is they already have |
00:05:51 | 00:05:55 | interacted with your business right they |
00:05:53 | 00:05:57 | opted in they gave you an email address |
00:05:55 | 00:05:59 | they know like and trust you a little |
00:05:57 | 00:06:00 | bit they don't trust you enough yet to |
00:05:59 | 00:06:02 | have given you money maybe the product |
00:06:00 | 00:06:03 | just wasn't the right fit for them at |
00:06:02 | 00:06:04 | the time maybe they just need more |
00:06:03 | 00:06:06 | information whatever it may be they had |
00:06:04 | 00:06:09 | some objection but they did they did |
00:06:06 | 00:06:10 | raise their hand and they did say hey |
00:06:09 | 00:06:12 | you know what I am interested in what |
00:06:10 | 00:06:15 | you do have to offer okay so what we're |
00:06:12 | 00:06:16 | gonna do now is if the customers do buy |
00:06:15 | 00:06:20 | right we'll send an email out to our |
00:06:16 | 00:06:21 | prospect email list depending on the |
00:06:20 | 00:06:22 | size of your list now I'm really |
00:06:21 | 00:06:24 | probably toking to a very small amount |
00:06:22 | 00:06:25 | of you this is definitely a little bit |
00:06:24 | 00:06:27 | more advanced what I'm about to say is |
00:06:25 | 00:06:29 | if you have like a hundred thousand |
00:06:27 | 00:06:31 | person email list do not send it out to |
00:06:29 | 00:06:32 | a hundred thousand people right segment |
00:06:31 | 00:06:34 | your audience send it to like 20 |
00:06:32 | 00:06:35 | thousand people to really test it out |
00:06:34 | 00:06:39 | you don't need to go and send it to all |
00:06:35 | 00:06:41 | hundred thousand people especially |
00:06:39 | 00:06:42 | it just it's just one of those things |
00:06:41 | 00:06:43 | just segmented right don't send it to |
00:06:42 | 00:06:45 | all hundred thousand cuz you could tweak |
00:06:43 | 00:06:46 | to offer a little bit then send it to |
00:06:45 | 00:06:48 | the next segment I don't wanna dive too |
00:06:46 | 00:06:49 | much into that if you're interested in |
00:06:48 | 00:06:51 | learning more about that shoot me an |
00:06:49 | 00:06:53 | email we can get on a coaching call it's |
00:06:51 | 00:06:54 | definitely a little bit more advanced an |
00:06:53 | 00:06:56 | advanced tiknique when you're |
00:06:54 | 00:06:57 | segmenting this list and sending out |
00:06:56 | 00:06:59 | different kind of variation offers to |
00:06:57 | 00:07:01 | them but ah in your case if you just |
00:06:59 | 00:07:03 | have like ten twenty thousand people on |
00:07:01 | 00:07:05 | your email list right send send that |
00:07:03 | 00:07:08 | offer out to them right send a product |
00:07:05 | 00:07:11 | number two out to that prospect to list |
00:07:08 | 00:07:13 | if they like it if they're buying it |
00:07:11 | 00:07:15 | right then it that goes another check |
00:07:13 | 00:07:17 | box right there warm traffic has been |
00:07:15 | 00:07:19 | interested right now if they don't if |
00:07:17 | 00:07:22 | they don't buy here then I would go back |
00:07:19 | 00:07:24 | to the drawing board right depending on |
00:07:22 | 00:07:26 | the sales because firstly guys customers |
00:07:24 | 00:07:27 | are always gonna be like six to ten |
00:07:26 | 00:07:28 | times more likely to buy from you |
00:07:27 | 00:07:31 | because they've bought from you in the |
00:07:28 | 00:07:33 | past before okay now you could probably |
00:07:31 | 00:07:34 | put together a really junk offer and |
00:07:33 | 00:07:35 | they'll still buy from me because they |
00:07:34 | 00:07:37 | know like and trust you they've given |
00:07:35 | 00:07:38 | you money before they're happy customers |
00:07:37 | 00:07:40 | okay |
00:07:38 | 00:07:42 | however when you start going towards the |
00:07:40 | 00:07:44 | prospect list this warm traffic right |
00:07:42 | 00:07:46 | this is where you this is where you kind |
00:07:44 | 00:07:48 | of have to really look at the data it's |
00:07:46 | 00:07:50 | much more important that these people |
00:07:48 | 00:07:52 | buy from you then honestly the customers |
00:07:50 | 00:07:54 | right now if they do buy from you |
00:07:52 | 00:07:56 | fantastik we move on to test number |
00:07:54 | 00:07:59 | three right now this is going more |
00:07:56 | 00:08:01 | towards cold traffic okay cold traffic |
00:07:59 | 00:08:03 | now some of you will go and do this code |
00:08:01 | 00:08:05 | traffic tiknique immediately go ahead I |
00:08:03 | 00:08:06 | personally like to build up a revenue in |
00:08:05 | 00:08:10 | my business though with this offer |
00:08:06 | 00:08:12 | before I go to three now I will insert |
00:08:10 | 00:08:15 | it into my funnel so funnel insert right |
00:08:12 | 00:08:17 | now I will take product to right and I |
00:08:15 | 00:08:20 | will take it and I will put it into my |
00:08:17 | 00:08:22 | upsell sequence right here now what is |
00:08:20 | 00:08:24 | this going to do well this is going to |
00:08:22 | 00:08:25 | test out my cold traffic right because |
00:08:24 | 00:08:28 | I'm already running advertisements |
00:08:25 | 00:08:30 | influencers to my one funnel right there |
00:08:28 | 00:08:32 | opting in cold traffic is opting in cold |
00:08:30 | 00:08:35 | traffic is buying now I want to see will |
00:08:32 | 00:08:37 | that cold traffic buy from us on that |
00:08:35 | 00:08:39 | upsell right I will usually put this |
00:08:37 | 00:08:40 | towards my later sequences about upsell |
00:08:39 | 00:08:41 | if you're inside of the e-commerce |
00:08:40 | 00:08:42 | Empire Academy you're probably thinking |
00:08:41 | 00:08:45 | how does this fit into the funnel |
00:08:42 | 00:08:47 | structure it goes into the back up sells |
00:08:45 | 00:08:49 | the last two back upsells okay that's |
00:08:47 | 00:08:51 | right this would go now here we put this |
00:08:49 | 00:08:52 | in there now we are looking for a |
00:08:51 | 00:08:55 | conversion |
00:08:52 | 00:08:56 | here between four and six percent okay |
00:08:55 | 00:08:58 | four and six percent you might be |
00:08:56 | 00:09:00 | thinking Pete that's so lowly gets so |
00:08:58 | 00:09:03 | low how is that how's that even worth it |
00:09:00 | 00:09:04 | well again when a customers come in to |
00:09:03 | 00:09:06 | you from a facebook advertisement right |
00:09:04 | 00:09:08 | that is cold traffic order forms on a |
00:09:06 | 00:09:10 | funnel will already be converting at 10 |
00:09:08 | 00:09:11 | plus percent all right which is 10 times |
00:09:10 | 00:09:12 | what they already convert on Shopify |
00:09:11 | 00:09:15 | which is insane |
00:09:12 | 00:09:17 | however they're already sold on one |
00:09:15 | 00:09:19 | product right we only sell one offer one |
00:09:17 | 00:09:21 | product offer in our funnel so you've |
00:09:19 | 00:09:23 | done all the educating so when you |
00:09:21 | 00:09:26 | introduce a new product into your upsell |
00:09:23 | 00:09:28 | sequence that customer is going to need |
00:09:26 | 00:09:29 | to be primed for that they might not be |
00:09:28 | 00:09:31 | ready for it so that's why you're gonna |
00:09:29 | 00:09:32 | see a drastik lower rate in your |
00:09:31 | 00:09:34 | conversion rate towards those back up |
00:09:32 | 00:09:35 | sales especially when you start |
00:09:34 | 00:09:37 | introducing more expensive complimentary |
00:09:35 | 00:09:39 | like products however 4 to 6 percent |
00:09:37 | 00:09:40 | still isn't bad it's gonna boost that |
00:09:39 | 00:09:42 | conversion rate if it starts converting |
00:09:40 | 00:09:44 | higher than that or in that range that |
00:09:42 | 00:09:47 | tells me that's a good sign of this |
00:09:44 | 00:09:49 | product being put into its own funnel |
00:09:47 | 00:09:51 | where you then have your whole opt-in |
00:09:49 | 00:09:51 | structure your order form and an upsell |
00:09:51 | 00:09:52 | sequence |
00:09:51 | 00:09:54 | rinse and repeat inside of the |
00:09:52 | 00:09:55 | e-commerce Empire Academy our goal is to |
00:09:54 | 00:09:57 | get you up with four funnels that's |
00:09:55 | 00:09:59 | really structure to get to that |
00:09:57 | 00:10:01 | seven-figure mark and beyond if you're |
00:09:59 | 00:10:02 | interested in learning more about this |
00:10:01 | 00:10:04 | and seeing this all in action attend a |
00:10:02 | 00:10:06 | sales funnel master class down below in |
00:10:04 | 00:10:07 | the description of this video be the |
00:10:06 | 00:10:10 | very first link plus there's a ton of |
00:10:07 | 00:10:12 | other bonuses in there for you as well |
00:10:10 | 00:10:13 | and if you've got tremendous value in |
00:10:12 | 00:10:15 | today's video make sure you smash that |
00:10:13 | 00:10:17 | like button smash that subscribe button |
00:10:15 | 00:10:19 | smash the notification bell and make |
00:10:17 | 00:10:20 | sure you drop a comment down below for |
00:10:19 | 00:10:22 | your chance to win a free one-on-one |
00:10:20 | 00:10:24 | coaching session with me but guys as |
00:10:22 | 00:10:25 | this video ends I'll be a video that |
00:10:24 | 00:10:27 | pops up here make sure you check it out |
00:10:25 | 00:10:29 | we place that there to help you along |
00:10:27 | 00:10:31 | your ecommerce empire but guys have a |
00:10:29 | 00:10:34 | fantastik rest of your day and remember |
00:10:31 | 00:10:34 | the Empire starts now |
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