HOW TO BE SUCCESSFUL IN EU MARKETS - 2022 First of all, we will go over the foundations: Product Research Backend/Customer Service Facebook Ads Structure Facebook Ads Scaling E-mailmarketing Upsells apps Payment processing for EU Markets for beginners and more advanced entrepreneurs Team structure and team building Do not give up, keep working and have momentus Product Research Backend/Customer Service For product research we are currently For Customer service it is very important in here utilising www.wlspy.com that we make sure that we realise what payment processors and what payment methods we are Why? After using many research tools, we using. Let’s take NLBE here for example. iDEAL found that the best winners come from and Bancontact you can’t have any chargebacks, the Facebook Ads Library. but with CC and Klarna you can get it. Make sure Yes, it is Ecombaba’s spy tool, but he made you have a Customer Service or Dispute Agent this app mainly because of my feedback always ready to answer on CC and Klarna disputes. on how to find the best winners in EU I have dealt with 6fig chargebacks in the past, Markets. We don’t use adapt,dropispy or don’t make the mistakes I did. E-commerce is not any spy tool like that. Every result you see only about scaling, make sure your backend is on in WLSpy is directly coming from the FB point, otherwise your payment processors will fuck Ads Library. Hereby myself, I also use the you up. Payment processors fucking you up -> no custom bot. payments from clients -> no money on your bank > going back to 9-5 Tip: Offer clients who made a You should be aiming to find products dispute to you an partial refund of 30% if they that have been validated and have not so would discard their dispute. Works wonders! Be many running adsets yet. So I prefer to your own mid ;) The goal is to have ultimate put the date range on last 3 days, and the freedom. Be like Ecomlegend. Have a on point amount of running adsets on atleast 5. Back End Team. Oh, you can download Templates regarding customer service answers and disputes for free in our Private Discord Group. Facebook Ads Structure 1. Go to the Wise Guys Discord 2. Go to the channel ‘’Free Value’’ -> and click on the Image there. Facebook Ads Scaling Let’s firstly start talking about why your testing and scaling system isn’t even that important. Start testing with an ABO. 5 adsets of 10.33 budget - No interest - Online Shopping - Engaged Shoppers - Pick a interest related to the product - Pick a interest related to the product day 1: Not Profitable? -> Kill campaign and skip the product. Break even? -> Leep running Profitable? -> Keep running And so on. Oh, its a winner? -> Take the best Adsets and make a CBO of minimum 3 and maximum 5 Adsets, put the budget on 100 Euro From here, if the CBO is profitable after 2 days, just keep duplicating the CBO with double budget. You can also try vertical scaling, by bumping the budget by 20% every 48hours, but horizontal scaling still works better for us. Just keep Chad Scaling until you’re unprofitable lol.https://discord.gg/fCa45mKhsR E-mailmarketing Work with an Agency that doesn’t take % from your flows. 95% of the Emailmarketing agencies that take a % of the flows just only set them up once and almost don’t touch them. We work with Finesse Marketing. Upsells We never offer a upsell before the sale. The only upsells we have is after the sale, so post purchase upsells. The apps we use to get a higher conversion rate is: - Sweet Upsell - SMSBump - Klaviyo Sticky Add To Cart Check the screenshot below to see the images. For Sweet upsell we always offer the same product for 50% Off. Even if you get only 4 euro’s profit on your post purchase sale, it is nice. Since you can have a 4 euro higher CPA on FB, which can make or break your business. Imagine you can spend 4 euro more per sale than your competitor! This is a big difference as a media buyer Payment Processing Beginners Stripe with an iDEAL, Bancontact, Sofort and also Creditcard Integration You can use Shopify payments for Klarna, but don’t scale past 2k days. Unless you want to get fucked by Holds. Advanced Use Checkout.com for iDEAL, Bancontact, Sofort and Creditcard Integration Get Klarna from Klarna.com directly merchant. Keep in mind there is a 14 day payout. Make sure you have enough cashflow to top up for agency ad accounts and pay your supplier. Paypal HK Connect me if you need Paypal HK. Paypal is mandatory to scale up to 100k days. You can scale to 20/30k days consistently without PayPal, but you need PayPal to scale to the next level. Team structure and team building Do not let anybody tell you that teambuilding and big teams and automations are the key to success in Dropshipping. It’s NOT! Believe me, I’ve been there. I had 30 team members, but I did more revenue with only 7 people in my team. The key with having a proper team is looking at what you need - and what you still can do yourself. Do not hire new members just so you can sit on your seat and relax. These VA’s will only do the easy tasks for you, and will only work properly if you train them the right way. For example, in my eyes, you can do the first 7fig revenue by having only 2/3 employees. 1 Customer support/dispute manager. If you have lots of queries , you can hire a 2nd. 1 Person for product uploading, you can make this person also a Storemanager. So now you only have to communicate with your agent regarding the products in terms of stock, and you can focus fully on keeping the FB structure alive and scaling. Once you scale to higher days, you can always hire more team members. But automating is not everything, especially in the Dropshipping business. If you’re at a point where you have done lots of revenue, you could get somebody else who is experienced in Dropship and let them run your stores for a profit share. Only then I believe you can fully outsource teams. No one will ever work the same way like you do. If you have any particular questions about teambuilding and team structures, join our Discord and ask every question you want for 20 usd a month "Do not give up!" Keep working and have momentum If there’s anything I’ve learned in life is that you can not give up if you want to succeed. Doesn’t matter what business you’re in, do not give up. I was in Dubai and chargebacks were chasing me at some point where I thought I would lose all money I had. I kept faith and worked hard and got out of the mud, if I can do it you can too. I made money, lost it, got back and made it again. Ask my old classmates, I was the dumbest in the room. I always had to work twice as hard since my focus and brain just was not the same as the guys in the space. I am the living proof that you can make it by ‘’falling forward." ECOMLEGEND & ECOMBABA OUT!
