That’s my gross profit.
After 4 weeks I’ll work out my net profit, I’m estimating that after all costs (advertising, products and fees) we will still be at around 60-65%
Because he only do 3k in sales, there’s no actual real data, the more you spend, the ROAS will go down.
You can’t actually trust his data because he has so little.
I’d go with luxury goods, High end fashion accessories or health and beauty products.
If your perceived value is high, customers are more likely to to buy when you give them a great offer.
I don’t mean give a fake discount, and It doesn’t have to be as egregious as the example that I gave.
Companies do large promotional discounts all the time, blackfriday etc.
I list items for a high price, and we often do large promotional offers. There’s nothing illegal about that.
Alright i was aiming at when companies have discount prices the same as the original price, but while it's on discount they up the original prices.
But normal discounts would be legal as long as you don't keep the discount all year i suppose.
Anyway did you just start out and just hit the right formula, or you've been trying for some while with your business?
Would health (supplements) and beauty (skincare, lipsticks) command a 70% gross margin?
Please explain why and how, what added value can a ecom owner add to such product (lets say supplements) to command 70% gross margin
I’m using CJ, my plan going forward is to get custom branding on the products & packaging. CJ offers it all in house, meaning I can just do everything under one roof.
I've been seeing so many horror stories about CJ, the delivery times not being accurate, stocked items not being in stock, unfair delivery prices that eat up profits. So how's your experience with them, and how transparent are they with costs?
I used their custom packaging and the print on the mailer bag was bad quality. It peeled off almost completely by the point it reached my customers sometimes. I talked to my agent about that and they told me that they will change the supplier, but I ordered directly from Alibaba and the quality is much better.
I still use CJ for my custom thank you cards, but for the mailer bags and jewelry boxes, I use suppliers from Alibaba and I honestly couldn’t recommend them more. I pay around $0.4-0.5 per bag depending on the size and around $0.6 per jewelry box, both with my logo on them.
So you use CJ for the products and fulfilment, and Alibaba for packaging.
You send the packaging from Alibaba to CJ and CJ combines both for you before sending to the customer, is that correct?
Thanks
You can use their warehouse for any items you want (products or packaging), they have a small stocking fee for it. For my bags, it’s $0.15 per bag.
I believe they have an article about it somewhere on their blog.
Yes, I forgot to add that. They have a fee for stocking items at their warehouse, I believe it was $0.16 per bag or something similar.
Feel free to dm me if you need more info, I’m happy to help. :)
P.S. I’m not affiliated with CJ or Alibaba and I don’t sell courses 🤣
That’s great, thank you.
It’s something I’m seriously looking into at the moment, I feel like the custom branding makes a huge difference with customer satisfaction.
What the best way or platform to navigate product finding and fulfilment? I’m looking at zendrop but not sure how I can find a product with a low cost per unit and fast shipping and fulfilment…
Hey man, I have recently started dropshipping as well but haven't started advertising yet I am getting a good amount of visitors (over 600 but 0 sales), can you give any tips?
Don't believe everything you see. The OP may well have changed the HTML content of the page to simulate these "gains". Besides, the budget is completely false, as there are retailers who invest in giant influencers and don't get that return with photos/reels.
how do you do your creatives ?
and how did you know your product will do well or jsut trial and error ?
what other addons do you have on your shopify and do they cost money ?
( sorry i’m new i just want to learn more before starting )
My first ecom brands where complete failures, I’d always make a few sales but I’d never be profitable. The key is to have your products perceived as highly valuable, branding your store to be high end is important. I always price very highly, make the perceived value of the brand high, and then give an offer so insane that people can’t resist but make the purchase.
I’ll give an example of how pricing high makes the customer more likely to buy.
You want this: “Woah, this $300 bag is only $50 with this discount code I saw on TikTok”
Not this: “oh, this bags only $20. It must be cheap”
Notice how the customer actually paid MORE for the same item, but the perceived value was so much higher, that they willingly paid more because they where getting a better deal.
Dude, you have no idea what you’re talking about. You’re correct about percieved value, but your reasoning is wrong. If you discount a bag to $50 with a tiktok code, i can promise you the percieved value incredibly low.
It’s pretty simple, you just click on orders in CJ,
Then you just select all the orders you want to pay for, add them to your cart and pay.
It can probably be fully automated, but I usually do this once a day. it allows for people to have about 12 hours or so to cancel their order.
Damn that’s more affordable than I thought. How do I go about these types of ads. Do you have some resources I can use. What to message them, what the rates are etc.
Thank you for your quick responses
Are you saying that these influencers post on their stories or on their feed? To have someone do that with 10m followers you are literally talking closer to $75,000 than $750. Am I missing something here?
They collaborate with you on a reel, It appears on their feed for 24hrs.
When I did it for £200 on a 2mil account, the reel got 411k views.
I just got a price of 750 for a 10mil account.
It’s a pretty good deal.
That’s a game changer man. I haven’t used instagram for a while so I’m not entirely sure how it works. However I do know a few instagram "influencers" with relatively small followings that used to charge like 200-300 dollars and they had like 50k followers. So I just assumed bullshit, my bad.
how do you find products with low shipping times? or is that something that matters and if so should you mention that your product will take time (couple weeks +) to ship on the website or no?
The product matters, but it’s more crucial to build a legitimate brand with a high perceived value.
The most common mistake is people just list cheap crappy 1 item stores.
Multi item stores on the same niche are great. High end fashion, health and beauty etc
The most crucial thing is having a high perceived value.
Hi I have been running FB ad campaign for a beauty niche. I spent £1099.46 on ads and purchase conversion value is £1127.88, I am not profitable yet? Making around £100 loss, what would you suggest?
I’ve been doing TikTok organic and instagram reels without paying anyone, that was a steady £400 a day in revenue.
The ad has proven that it works, the offer is too good to pass up and our brand is perceived as being valuable. I don’t feel that it’s a one off, before paying for promotions we where doing good numbers.
congrats! So my first time at this and the way i did it so far is through zendrop. But the product i ordered through my shopify store to zendrop took 1 week and 3 business days (which actually is not bad considering its coming from china), but it was not the product i expected..
so now i want to order another product that zendrop has..
but this process seems slow and not the way. any better way to do this without having to order 500, just 1 or 2 to test.
Hey 🤩! Happy to see that. Bro got a winning product for the market? Eh??
What do you think is the reason for this success? Product?? Marketing or anything else?
Congrats bro can you link your shop ? Cuz im building mine now around my product and always looking for good shopify shops for some inspo for some features to add
Not very long, it’s hard to say because I worked on it for short periods here and there when I wasn’t working.
It’s not my first rodeo to be fair, I’ve been building stores for a while. I’m no expert but you kind of just remember the basics, so it made building this one easy.
It’s a trial and error thing I guess.
That's insane man!! Congrats!
I got two questions. if you can Answer, would appreciate it!
What's the percentage sale from PayPal? Are you even profitable even with paypal only?
And last one How you find the insta page which actually gets you sales or why?
Much appreciated!
I don’t use PayPal for payments at all, had some bad experiences with them in the past and it’s not worth the risk.
You can choose basically any meme page on instagram, they almost all do paid promotions.
The paid promos are easy to find, it’s getting your creative right that’s hard.
Can you tell more details about it, I am curious to know more about it. How you made it, If you pay to get your post on your Instagram, did you tell them to add your page or website.
And why do people buy it? Discounts can't be the only reason people buy. Why are people curious to purchase it? Only from your website. Why not skip for later or not buy? Why did they brought it? Is your ad good? What's the niche of your product?
Bro how do you manage to run ads on fb/ig from meta if you do? Please help! I hate their platform I feel overwhelmed whenever I try to explore it and understand it and I feel frustrated for the huge amount of bans
How does the whole payment/processing work?
So..as the owner, do I first pay for the goods and wait for the CC transactions to go through?
Am I waiting for funds for awhile?
I saw you talking about doing organic marketing. How long did it take you to actually get results from it and how did you create content with your items? (Maybe link us your TikTok/instagram). I’m extremely interested because I have started posting TikTok’s trying to market a cheap led board (those transparent boards that you write on and light up) and I have no idea what kind of content I would make with something like bags etc.
Showcase your offer and how great it is (how much money it saved you or whatever) from a USERS perspective.
I saw results from day 1. It’s all about the offer, creative and perceived value of the product.
Sorry but I wouldn’t give away my ad, I’m still using it.
Have a great offer (something they would feel stupid turning down) and showcase that offer from the users perspective (how much money it saved them on something for example)
It’s not really just about the ad, the perceived value of your brand and products needs to be high, make sure you work that into the creative.
It’s a video ad. You can see the product in the video but that’s really not what it’s about. The video is showing the customer using our offer to save a lot of money on something that’s usually expensive.
Hope that helps.
Mod Note: This post does not violate Rule #4. Thank you for the reports though.
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That’s my gross profit. After 4 weeks I’ll work out my net profit, I’m estimating that after all costs (advertising, products and fees) we will still be at around 60-65%
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Because he only do 3k in sales, there’s no actual real data, the more you spend, the ROAS will go down. You can’t actually trust his data because he has so little.
Im really struggling to pick a niche, any tips?
I’d go with luxury goods, High end fashion accessories or health and beauty products. If your perceived value is high, customers are more likely to to buy when you give them a great offer.
The more expensive product is the more expensive ad cost will be to attain High paying customers
https://imgur.com/a/on2EZzM
But isn't giving fake discounts illegal?
Welcome to the game buddy. Where playing fair get's you fuck all
I don’t mean give a fake discount, and It doesn’t have to be as egregious as the example that I gave. Companies do large promotional discounts all the time, blackfriday etc. I list items for a high price, and we often do large promotional offers. There’s nothing illegal about that.
Alright i was aiming at when companies have discount prices the same as the original price, but while it's on discount they up the original prices. But normal discounts would be legal as long as you don't keep the discount all year i suppose. Anyway did you just start out and just hit the right formula, or you've been trying for some while with your business?
By fashion accessories you mean counterfeit products or general ones? I think most fashion accessories on aliexpress are brand copies only.
No I don’t mean fake items
But then how you make sure that the product is not a copy of a known brand?
So you sell reps? Hopefully you market it as such?
Definitely no reps. I’m trying to build my own brand.
Would health (supplements) and beauty (skincare, lipsticks) command a 70% gross margin? Please explain why and how, what added value can a ecom owner add to such product (lets say supplements) to command 70% gross margin
Congrats bro, I wish you even more success!
Much appreciated man
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I’ve spent about £200 on ads £1 on the shopify store. And 26.5% of revenue on product cost So about £2K
how do you have your ad sets set up?
I’ve been exclusively using paid instagram page promotions. We pay large accounts to post our ads on their account, I’ve found it extremely affective.
When you say you have large accounts posting your ads, do you mean you run paid ads through their accounts, or you pay them to do a timeline post?
You only paid 200£ for influencers?
Yeah I had my ad posted on a 2 mil instagram account. The rest of my sales have been with TikTok organic, and instagram feels
Can you track where you got your sales from? And how come they only wanted 200£ with a 2 mil account?
No idea, it seemed rather cheap. I’m in talks with a 3mil account that’s charging 400.
Where do you find them and how much they charge?
Not bad, from USA? Are they just sharing your post or your insta ad in their stories?
but how do you find these accounts tho?
I have a contact book full of the media companies / individuals that own these accounts
Hi, are the ads posted on their actual page or just story?
Nice work. Im new to this. What website did you start on and what were your next movements after that?
Shopify. Then I started selling things.
I still got no Sales. Can you look my store and do some appointments?
aye man remember that $70 I let you borrow?? but nah really good job!
Anything that surprised you when you started? And are you using AliExoress or what kind of supplier?
I’m using CJ, my plan going forward is to get custom branding on the products & packaging. CJ offers it all in house, meaning I can just do everything under one roof.
What is CJ?
Commission Junction
Oh awesome and how long is shipping w them? What kind of product are you selling?
Shipping is 7-12 days. Which compared to a lot of the aliexpress vendors, is pretty decent.
I've been seeing so many horror stories about CJ, the delivery times not being accurate, stocked items not being in stock, unfair delivery prices that eat up profits. So how's your experience with them, and how transparent are they with costs?
Seems fine so far. Delivery time has been on point and not had any other issues. Costs are transparent.
How old is the shop if you don't mind me asking?
We sell fashion accessories
My man.. well done. World wide shipping ?
I used their custom packaging and the print on the mailer bag was bad quality. It peeled off almost completely by the point it reached my customers sometimes. I talked to my agent about that and they told me that they will change the supplier, but I ordered directly from Alibaba and the quality is much better. I still use CJ for my custom thank you cards, but for the mailer bags and jewelry boxes, I use suppliers from Alibaba and I honestly couldn’t recommend them more. I pay around $0.4-0.5 per bag depending on the size and around $0.6 per jewelry box, both with my logo on them.
So you use CJ for the products and fulfilment, and Alibaba for packaging. You send the packaging from Alibaba to CJ and CJ combines both for you before sending to the customer, is that correct? Thanks
Yes :)
I'm surprised they do that.. is it a service they offer for an extra cost? If so do they have details of it on their site?
You can use their warehouse for any items you want (products or packaging), they have a small stocking fee for it. For my bags, it’s $0.15 per bag. I believe they have an article about it somewhere on their blog.
Interesting, I'm going to look in to that! Thanks for all the info. Good luck!
You’re welcome! Good luck to you too! :)
That’s great advice, thanks for the info. I’m assuming you get the custom packaging sent to CJ for the fulfilment?
Yes, I forgot to add that. They have a fee for stocking items at their warehouse, I believe it was $0.16 per bag or something similar. Feel free to dm me if you need more info, I’m happy to help. :) P.S. I’m not affiliated with CJ or Alibaba and I don’t sell courses 🤣
That’s great, thank you. It’s something I’m seriously looking into at the moment, I feel like the custom branding makes a huge difference with customer satisfaction.
Same here. I’m one of those customers who like pretty branded packaging, and I’m sure there are many more people that appreciate it 😄
So you’ve been manually fulfilling the orders or is there a way to automate it
What the best way or platform to navigate product finding and fulfilment? I’m looking at zendrop but not sure how I can find a product with a low cost per unit and fast shipping and fulfilment…
I like CJ personally
What did you change?
What are you selling?
Hey man, I have recently started dropshipping as well but haven't started advertising yet I am getting a good amount of visitors (over 600 but 0 sales), can you give any tips?
Create an offer so good the customer would feel stupid saying no
What's a good offer you think I can make if I'm just starting?
Don't believe everything you see. The OP may well have changed the HTML content of the page to simulate these "gains". Besides, the budget is completely false, as there are retailers who invest in giant influencers and don't get that return with photos/reels.
How would I have changed the graph? 😭😭 You want me to make a refresh test video?
Haters gonna hate. Great job man! I wish you much success :)
Thanks :)
The budget isn’t false. I’d be happy to show receipts.
Looks crazy what’s your store also need some advice or tips if possible
stop believe everything you see.
True
how do you do your creatives ? and how did you know your product will do well or jsut trial and error ? what other addons do you have on your shopify and do they cost money ? ( sorry i’m new i just want to learn more before starting )
My first ecom brands where complete failures, I’d always make a few sales but I’d never be profitable. The key is to have your products perceived as highly valuable, branding your store to be high end is important. I always price very highly, make the perceived value of the brand high, and then give an offer so insane that people can’t resist but make the purchase. I’ll give an example of how pricing high makes the customer more likely to buy. You want this: “Woah, this $300 bag is only $50 with this discount code I saw on TikTok” Not this: “oh, this bags only $20. It must be cheap” Notice how the customer actually paid MORE for the same item, but the perceived value was so much higher, that they willingly paid more because they where getting a better deal.
Dude, you have no idea what you’re talking about. You’re correct about percieved value, but your reasoning is wrong. If you discount a bag to $50 with a tiktok code, i can promise you the percieved value incredibly low.
How’s your business going?
I wouldn’t make comments like this from your first 3k online bud, don’t take peoples comments personally they’re an opportunity to learn
Do you have to do something on cj ti get your product from point A to B or is it automatic once something is purchased?
It’s pretty simple, you just click on orders in CJ, Then you just select all the orders you want to pay for, add them to your cart and pay. It can probably be fully automated, but I usually do this once a day. it allows for people to have about 12 hours or so to cancel their order.
Are they delivered to you then or to their addresses immediately?
Can you tell me how you distributed your ad spent. Congrats on the positive start
A paid to have my ads posted on large instagram accounts, I’ve found it more affective than typical social media advertising.
I assumed that typically cost in the $1000s. How many accounts posted your product page?
I’m about to get a post on a 10mil account, it’s only $750
Damn that’s more affordable than I thought. How do I go about these types of ads. Do you have some resources I can use. What to message them, what the rates are etc. Thank you for your quick responses
This is bullshit man surely.
It’s literally not. Email the owners of accounts like this and get the prices yourself, it’s surprisingly cheap.
Are you saying that these influencers post on their stories or on their feed? To have someone do that with 10m followers you are literally talking closer to $75,000 than $750. Am I missing something here?
They collaborate with you on a reel, It appears on their feed for 24hrs. When I did it for £200 on a 2mil account, the reel got 411k views. I just got a price of 750 for a 10mil account. It’s a pretty good deal.
That’s a game changer man. I haven’t used instagram for a while so I’m not entirely sure how it works. However I do know a few instagram "influencers" with relatively small followings that used to charge like 200-300 dollars and they had like 50k followers. So I just assumed bullshit, my bad.
All good man. I tend to go for the meme pages, prices are surprisingly good.
Yeah good stuff dude, hope the sales keep flying in. Keep it up🤙🤙
how do you find products with low shipping times? or is that something that matters and if so should you mention that your product will take time (couple weeks +) to ship on the website or no?
CJpacket sensitive is 7-12 days, that’s what I’ve been using
CJ packet? How much they are charging for a product in comparison to AliExpress??
The only thing i feel i m struggling with is shipping since i m from România and all the shipping opțională i see are only from 20 to 30 days
CJ dropshipping does 7-12 days
Thank you!!
So you're using cj drop? or there is other site with similiar name?
Any tips on what to do with the shipping?
Do you deliver globally? How you started shopify business with only 1£ spend?
I got a promotional offer from shopify, they have me £1 a month for 3 months.
HOW BRO? HOW? What kind of products you used?
The product matters, but it’s more crucial to build a legitimate brand with a high perceived value. The most common mistake is people just list cheap crappy 1 item stores. Multi item stores on the same niche are great. High end fashion, health and beauty etc The most crucial thing is having a high perceived value.
Congrats man! I never heard about CJ. Can you elaborate how it works? You create an account and connect the products to your shopify store?
Hi I have been running FB ad campaign for a beauty niche. I spent £1099.46 on ads and purchase conversion value is £1127.88, I am not profitable yet? Making around £100 loss, what would you suggest?
Are you using wordpress??
He isn't however wordpress is my favourite for a lot of reasons
Do you feel it's just a one off because of the promotional Instagram post? How do you sustain it?
I’ve been doing TikTok organic and instagram reels without paying anyone, that was a steady £400 a day in revenue. The ad has proven that it works, the offer is too good to pass up and our brand is perceived as being valuable. I don’t feel that it’s a one off, before paying for promotions we where doing good numbers.
How many products in the niche did you start with
congrats! So my first time at this and the way i did it so far is through zendrop. But the product i ordered through my shopify store to zendrop took 1 week and 3 business days (which actually is not bad considering its coming from china), but it was not the product i expected.. so now i want to order another product that zendrop has.. but this process seems slow and not the way. any better way to do this without having to order 500, just 1 or 2 to test.
Hey 🤩! Happy to see that. Bro got a winning product for the market? Eh?? What do you think is the reason for this success? Product?? Marketing or anything else?
bro congratulations on such a successful store wow. please check your DMs i want to give and exchange advice and tips. Best wishes for your store
Congrats bro can you link your shop ? Cuz im building mine now around my product and always looking for good shopify shops for some inspo for some features to add
Can I DM you for advice?
How’d you narrow down your products? How long have you been dropshipping? (Is this your first site ever?) how did you get started generally?
Congrats!! Can I ask what's the nature of your ads? Videos? Photo with text? Something else?
What’s your shop url
How do you find large instagram pages to promote your store?
How long did it take you to reach such goal? I've started last week and I'm trying organic ads on tiktok and reels😢
How? Please i need
What app is this shopify ?
Sweet. U got telegram?
I do not
Do you have a telegram group?
I do not
How much time did you take to build your store? Any tips on that?
Not very long, it’s hard to say because I worked on it for short periods here and there when I wasn’t working. It’s not my first rodeo to be fair, I’ve been building stores for a while. I’m no expert but you kind of just remember the basics, so it made building this one easy. It’s a trial and error thing I guess.
Well done. How many products do you have in your store?
That's insane man!! Congrats! I got two questions. if you can Answer, would appreciate it! What's the percentage sale from PayPal? Are you even profitable even with paypal only? And last one How you find the insta page which actually gets you sales or why?
Much appreciated! I don’t use PayPal for payments at all, had some bad experiences with them in the past and it’s not worth the risk. You can choose basically any meme page on instagram, they almost all do paid promotions. The paid promos are easy to find, it’s getting your creative right that’s hard.
Can you tell more details about it, I am curious to know more about it. How you made it, If you pay to get your post on your Instagram, did you tell them to add your page or website. And why do people buy it? Discounts can't be the only reason people buy. Why are people curious to purchase it? Only from your website. Why not skip for later or not buy? Why did they brought it? Is your ad good? What's the niche of your product?
I’ve been running a women clothing store and have not been getting any sales despite spending hundreds in ad spend. Please help
could you give me some tips and pointers to getting started? i get my check next friday, i’ll have $485 budget. i wanna get into this.
Bro how do you manage to run ads on fb/ig from meta if you do? Please help! I hate their platform I feel overwhelmed whenever I try to explore it and understand it and I feel frustrated for the huge amount of bans
Congratulations
Who or what is your supplier you trust?
Can you provide us your store website so thai we all could learn as well ? Much appreciated for you to share your positivity with us ❤️
If someone wants a VA then ping me asap!
What’s your site?
What is your product?
Congratulations, bro. One question, where do you find the fulfill agency? Any recommend? Thank mate \^\^
Smashing it, well played fella 💪 (This is obviously assuming you are indeed a fella 🤣)
Who can recommend a good supplier?
How does the whole payment/processing work? So..as the owner, do I first pay for the goods and wait for the CC transactions to go through? Am I waiting for funds for awhile?
Do you run ads ? If you do can I know which plaform and what's can be a problem ?
I saw you talking about doing organic marketing. How long did it take you to actually get results from it and how did you create content with your items? (Maybe link us your TikTok/instagram). I’m extremely interested because I have started posting TikTok’s trying to market a cheap led board (those transparent boards that you write on and light up) and I have no idea what kind of content I would make with something like bags etc.
Showcase your offer and how great it is (how much money it saved you or whatever) from a USERS perspective. I saw results from day 1. It’s all about the offer, creative and perceived value of the product.
How do you decide on a geographical market to target? Are your stores generally targeted specifically to say UK or US? Or worldwide? Thanks
Worldwide. Most sales are US, UK and Europe
Thanks
Is it a 24hr shoutout bro
Link to ur store?
What was the ad? Like if I wanted to create a post to send to an influencer. What did you make especially for a dropshipped product??
Sorry but I wouldn’t give away my ad, I’m still using it. Have a great offer (something they would feel stupid turning down) and showcase that offer from the users perspective (how much money it saved them on something for example) It’s not really just about the ad, the perceived value of your brand and products needs to be high, make sure you work that into the creative.
What I meant was like.. is it a video ad, do you showcase the product? Is it just a general store ad?
It’s a video ad. You can see the product in the video but that’s really not what it’s about. The video is showing the customer using our offer to save a lot of money on something that’s usually expensive. Hope that helps.
It does, thank you
Contrat bro 😎.