Step #1: Find a Proven Product to Sell A. Product Verification Checklist: 1. 2. 3. 4. Solves a real problem People are already buying it, there's demand Profit margin is over $20. Can’t be easily found locally (rare) Find out profit margin here: thedropshiptoolkit.com B. How to find products: 1. Facebook Search (“Shop now”, “get it here”, “shop here”, “buy now”, “click here”) 2. Amazon Movers and Shakers 3. Aliexpress 4. Easiest way: Bigspy.com (get the $1 trial plan) C. Find a reliable supplier for the product (depends on the product price & shipping time) 1. 2. 3. 4. Aliexpress (try to find fast USPS shipping) Zendrop CJ Dropshipping Eprolo D. Set a selling price 1. Look at what competitors are selling it for 2. Have a $20+ profit margin Example product: At home Ice Cream Maker Benefits: Better mental health, healthy fruit diet, fast and easy, ice cream anytime you want... Cost: $50 Selling Price: $99 Profit: $49 Step #2: Build a high-converting Website 1. Link your Shopify store with your supplier company (DSERS, CJDropshipping, etc.) 2. Do market research & find a unique angle to sell the product (key step) 3. Write copy (text) based on what the market wants to buy. Write persuasive sales copy to attract impulse buyers. 4. Find images for your store from suppliers and competitor stores (find them by googling your product name) 5. Go to Shopify admin > themes & upload your theme (We use the Chelsea premium theme) 6. Click Customise theme > put in your text, images & change the color (choose one branded color) 7. Install Apps a. b. c. d. e. Coin by ShopPad Ali Reviews / Loox Reviews One Click Upsell - Zipify OCU One Click Checkout Omega - Multi Facebook Pixels (to combat IOS 14 updates) 8. Click on “Customize Theme”, put in your images and text. 9. Buy your domain, add payment processors, add pages & configure settings, shipping. Stores I’ve built: plantbliss.net, freezina.com, caulktool.net, neurolexystore.com, and more... Step #3: Engaging Ad Creatives We buy our video ads from WavingPandas.com. We get their 3 video variations for $65 ($55 if you use code ARAF15) Bandsoffads.com is also a good alternative. Costs $65 for 3 video ads. If you want to create your own ads, Invideo.io is my go-to tool. Premiere Pro, Sony Vegas, Camtasia, or any other video editing software can be used too. Step #4: Launch Facebook Ads The truth is, Facebook rules change all the time. We don’t focus on complex ad strategies, instead, we believe in simplicity and creating strong foundations. Our stores and ads get an average of 4% conversion rates, the highest in the industry (industry average is only 2%) This is our Facebook Ad Strategy: CBO (Campaign budget optimization) at $50/day with 10 ad sets inside. We test 3 video ads in total. A minimum of $50 per day (or $1000) budget is recommended for Facebook Ads to achieve the highest results. Step #5: Growth An online Shopify business grows 10 times faster than traditional retail stores. You can expect an average of 20% growth in revenue and profit every month. The way we grow is simple, cutting out unprofitable ads and putting in more budget towards profitable ads. Step #6: Management We have experienced and reliable assistants on our team to fulfill orders and handle customer support. We charge $300/month to grow and manage your store, which makes it a full passive income source for you. Congrats on reading till the end, Araf Rahman.
