My 28 Days Dropshipping Store Set Up Journey (not a guru course)⬇️
Follow Facebook page⬇️
My dropshiping experience.
Hi guys I am Weng Honn ,so you have heard of drosphipping with shopify or shopline , and every now and then you saw ads popping out on facebook or youtube that someone is making 7-8 figures dropshipping on Shopify.
and you get attracted , and if you are like me, immediately take out your credit card and joined a few online courses about dropshiping that cost few thousands to learn about it .
And get burn , feel down , and curse that dropshipping is BS.
Well , if you are one of them I feel you. If you are new to this dropshipping business , watch this video before you joined any dropshipping course . Please watch this. Dun get burn .
After learning from 3 so called dropshipping expert, I learn the there are really only 3 steps for dropshipping , product research ,get a supplier , put ads and testing , if it hits put more money , if it fail try another products.
Well this is literally all the steps that you need to build a successful store.
Next for a beggiiner dropshipper ,
Lets look at some of the factor that determine a good dropshipping products in general.
- Lightweight and compact
- Cost price $ 1- $ 10 per product
- Can sell at least 50% of profit on each order.
A huge amount of people that thinking of starting up a dropshipping business are fooled by the , low to non start up cost , no need to keep stock advantage .
But what they do not know is the hardwork behind all these advantages , the dark side of this business model .
First of all the product cost .
- the product cost of buying 1 unit and 100 unit will definitely be different. And the total cost plus shipping of buying 1 product will be definitely will be much more expensive than 100 unit in bulk.
For example , this face mask if you buy from aliexpress for 1 piece it cost you US $1.25
But if you buy in bulk from 1688 it is only cost you 0.60 yuan max which is only 0.093 usd what the!!! Can you guys see the price different ?
If you are dropshipping from ali , the shipping will be long ass .By the time the mask arrive your face is already screwed .
Next, there are a lot of hidden cost of being a dropshipper.
- Refund and return .
Most of the time , if any return and return the dropshipper need to bare the cost.
- Most money will spend on driving traffic , building a SEO jacked store
If you are not ready to spend money on facebook ads , the possibility of you earning money if any , with dropshipping business will be near to zero . Unless you are someone that are super famous in the social media ,that yes , if you are just a ordinary dude like me , you will be unlikely to make it if you are not ready to spent money on ads.
To start up a dropshipping business , you will probably need a store like shopify or shopline to display your products .
After uploading your products , traffic will not automatically visit your store.
Setting a store with shopify or shopline is like you own a store in an empty desert.
You will need to do ads , seo centered blogs , to attract people to your store.
If not , no one will know the existing of your store.
Therefore , just imagine if you open up a dropshipping store using shopify , and no effort on driving traffic to your store , are you seriously think that you can make money with your store?
Just to let you guys have good picture of how a products testing is done.
I want to test is this product sellable to the Australia
So , I have spent MYR705.64 , which get me 12642 impressions , 178 clicks and 4 add to cart, but I earn nothing . So , it gives pretty good impression but no sales , so what I need to do is to tweak this ads abit , or prompt those that add to cart to buy.
I should have modified this ads much more earlier , but I just leave it run as I am working on too many things at one time. So , if you really want to start a dropshipping business , make sure that you are really on it , and dun make mistake like me .
When talk about ads , it is not necessarily about facebook ads , although it is the main ads that dropshipper go for.
We have youtube ads , native ads , KOL , blogging , review website etc.
Well , all of this need money, money and money.
Being said so , I do know some dropshipper that is earning 500 – 1 million usd every month .
All of them are from china .
Feel free to share your opinion on dropshiping.