Emerging business where you do
not have to take any inventory and you can sell products for a profit all you
have to get is a tension that is drop shipping for them to do a full drop
shipping for beginners blog one of the most requested blog I've ever gotten in
the history the channel I get so many people all the time asking me to do a blog
explaining what drop shipping is in kind of the basics behind it and that is
what we're going to get into here today guys I hope you really enjoy this.
What is drop shipping business plan?
this is a business model that you know there are people that are killing it
right now on this exact business model something that's really got a popular
within the past two or three years and there's still a lot of opportunities in
the space for you to land grab right now five years from now ten years from now
I can guarantee you there's going to be way less opportunity then there is
today in this space so I hope you guys really enjoy this so drop shipping
basically what it has to do with his first and he was gonna start with an idea
you got to have an idea to do something you've got to research this idea so
maybe there's you think there's an opportunity for you to sell different color
hand headbands let's just use that for example you we want to sell headband you
know you think they're gonna make a comeback you think if you have a website
set up where you can sell web you know head bands on it you think that's a
brilliant idea okay maybe that's a brilliant idea maybe it's a crap idea who
knows but this is your idea okay so your idea is to sell headbands on a website
all right and you think this is this is gonna sell like crazy so what you first
need to you need to set up a website you're gonna probably do it through
Shopify okay Shopify is Raleigh going to be the service you're gonna want to
use for something like this Shopify has really benefitted huge from the whole
drop shipping game alright Shopify if you know anything about some five stock
the stock is gonna massively last few years so you probably missed set up a shop
a five star store all right in what you need to do is you need to figure out
okay how do I get hit dance like a like I want to sell headbands how do I go
about doing this well in the old school business model you would have to mean
you.
Facture those had been yourself okay then you
would have to take the inventory of it's you have to order ten thousand head
bian's or whatever and a and hold you sell out of these head bands now was one
it was very capital intensive the other part was is very stressful trying to
you know get the manufacture and all that it's like insane was insane process
but now there's something called Audi express okay Ali express in this is kind
of changed the game and what you have on all the express is you have a massive
amount of manufactures who already manufacture head bands okay in on all the
express you can see pricing so they have pricing for you know all these
different head bands and what not no you can contact the manufacturers if you
need to customize products you can contact them to see about you know maybe
doing a customized product and then that they just have a ton of general
products on there from a ton of different manufacturers in a lot of them have
ratings and what not you can look up you can actually contact them if you have
questions and what not knows what alley express is for all right so what you
can do is you can link headbands from alley express website you can even use
our pictures if you want onto your Shopify head website that is four head bands
okay so basically you're basically wanting to sell things off of alley express
but people don't know you're selling off Alex pressure actually song off
Shopify alright but the question is okay that that's great what now you don't
take inventory you place orders when a customer place an order you basically go
on alley express and you you put in the shipping the the shipping address and
what on this please go you do and you basically want to tell all the all the
express manufacture that you know don't include a receipt in that because you
don't want them to know that the head bands coming from out express you want to
kind of think it's coming from your business and what not okay and that's
basically all the work you need to be the issue is how do you get attention how
do you get attention to your Shopify store that's that's the main thing if you
want to sell him be and you need to get attention over there okay so some ideas
is all right you got had been to see you part of the head band you're selling
is for.
Then part of what you're gonna
want to do you might want to do Facebook ads are you may want to do Facebook
ads to people who have arm Blake to certain athletic things okay maybe there
are the fans of our under armour okay maybe they're fans of ninety okay maybe
they like football in general they play football or something like that maybe
it's high school kids you could actually run ads to specific segments on
Facebook okay so you can run an ad to specific segments of people that have
like certain things all right that way your your athletic Behan's the picture
will show up in those those ads and whatnot and people can see it on maybe
click on in and bite and things like that now the only issue is was something
that had been sort of putting in a cell for cheap price right you might be some
most for I don't know ten Bucks or something like that Facebook ads can can get
a little crazy at times are still I would see undervalued compared to what
they're gonna be five years from now but on something I head bands in they
might be a little harder you might want to go with a product that's a little
are pretty so little little higher than had been so you might want to do something
that's priced you know thirty dollars in.
Thirty dollars on up products
then you can do a lot more advertising obviously hopefully make your are a why
but I'm not saying it's impossible is owns your advertising to the correct
things now with something like Facebook advertising or or Instagram advertising
you know you can go on insta as well also owned by Facebook which you're going
to be usually the two main platforms are going to want to advertise on because
Google adwords just so expensive nowadays you gonna want to do Facebook and
Instagram when your advertising on those platforms and trying to get your shop
of five so you know sight seeing out there you don't want to make sure you're
not you're not spending your whole ad budget a one time so let's say you got a
thousand dollars you want to spend over there are a hundred dollars or whatever
just say thousand dollars if you have only spent don't go out there and spend
five hundred dollars on its Facebook and find a hundred dollars on Instagram
immediately on on two things I think that's going to work okay you're gonna
want us you know advertised in like ten dollar increments okay to do like ten
dollars maybe fifteen dollars worth of Facebook advertising same thing with Instagram
and see what results do you get back you get ten to fifteen dollars and in
return on investment on that or you double your money on those ads so if you do
you know ten ten dollars worth of ads on Facebook or you're getting you know
twenty thirty dollars worth the sales which maybe nets you fifteen to twenty
dollars in profit are you getting that are you getting even better than that
obviously for getting better than that then you definitely want to start amping
up those that cover on the on the flip side if you're not getting a return on
investment you do thirty dollars worth of ads on Facebook Instagram and you get
no sales out of that you you're probably not you know why your products either
crap in people are interested bad pictures or something like that or you're not
going after the right thing you're not going after the race segments maybe you
need to go even a little more knees on things maybe you need to start doing you
know adds just the people that played ultimate frisbee or some like that like
you never really know where the specifically you know target segment you need
to go with this nation is you gotta just figure that out over time by kinda you
know basically you know experimenting okay you spend ten dollars fifteen
dollars what.
You get back from that did you
get a self no okay list another ten to fifteen doing something else to be
giving sales yes okay let's go out to that little bigger it's also experiment
over here all we did even better over here we need to follow more advertising
over to this side and that is how you do it is all about getting attention okay
no that's giving non organic attention call there's also ways you can get
organic attention you know we may do you have an idea on headbands and maybe
you'd start doing YouTube videos around headbands Avisa best had been you can
buy the top ten hit bands you know that people want out there are things like
that use or making YouTube videos driving traffic hopefully you know five ten
fifteen twenty views a day this makes me free free deals are getting okay thing
about if you're getting you know if you're running ads on Facebook and
Instagram you're paying for every time somebody sees your headbands if you were
put out free content out there and it starts getting views it doesn't have to
get a million views it just gets five ten fifteen use a day that's free views
on YouTube right same thing with Facebook and Instagram it's just hard to get
discovered on there's much easier my personal opinion to get discovered on you too
three search and things like that in the from recommended videos as long as
you're doing videos that are you know it's somewhat in relation to other videos
that would pop up and whatnot so yeah I don't know you could you could take
this as far as like are talking about I don't know I think I lebron wears a had
been right you could talk about lebron James had been in what used to be where
some other kind of had been or some like I think you could make videos on
whatever you want and as always is driving the traffic in you you're probably
gonna get some seals off of that and and have the links in your description
what not this is drop shipping business you don't ever have to take inventory
in this business okay you don't ever have to take inventory in this business
it's a beautiful thing you don't ever have to worry about the manufacturing
side all you do is when somebody places an order on your Shopify store whatever
website you got created all you gotta do is then go an entirely expressed
putting their shipping information how many they ordered in and pay out all the
express and in your own you should have already been paid in your PayPal
account or show.
If I count or whatever it is you
should have already been paid at that time so the money is already in your
account since nine like you ever had to come up with the money in between there
guys it's a beautiful thing in the best thing is once you start getting built
in you start getting more more orders the compounding effect starts right so
once you start making let's say a thousand dollars profit a month also you have
a lot more money that you can follow in toward advertising if you wish and if
you have something that's really going well on advertising side where you know why
you you're making you know for five ten times or a while that you can really
start going heavy at that point it was just a compounding effect me I'm more
more money to spend out there in on advertising get more more sales and try
more more things guys and then go into the next product category win win
headbands is one then you want to go to the next thing he wants to sell watches
or whatever mean that there you go you can start doing that thing after thing
something you want to watch out for is things that are copyrighted okay so or
have trade marks and things like that so you know you might want to think our
old may be a brilliant idea do Black Panther merchandise so me so Black Panther
had been swimming so Black Panther watches and whatever it is at this
particular time Black Panther hats on because Black Panther movie is so big in
the movie theaters right now you might think this is a huge opportunity let me
start stop a five story for doing that will issue is Disney's gonna have an
issue with that especially once you start getting discovered out there you
start placing ads Disney will eventually find you and shut that down
immediately and you know that will kind of go away maybe you could got some
quick sales but you know it's going to eventually go away in the unfortunate
thing if you have a big enough Disney will actually literally go after you you
know or whatever companies out there they will go after you whatever big
company they will ask you because that's their that's their product it then the
day you can't just slap your logo on and say it's yours when you didn't get
approval from them so you got to really watch out for those type of things but
general merchandise that don't that doesn't really have branding or something
you can you can certainly make money off the guys in use kind of a one category
of time and maybe you get up to a point at some point time where you know you
have somebody.
Dropshipping Need Many Employees?
Hired out or maybe multiple
employees hired out that they're actually the ones that you know putting the
shipping codes and all that type of stuff you know somebody or to head bands in
in Raleigh North Carolina or whatever maybe you hire somebody out to do that
full time if you get to a big enough place where you don't have time to do that
and you're just kind of thing about okay what's the next place I want to go
over my drop shipping game where's the next opportunity and things like that
guy in that is drop shipping one one those drop shipping for beginners guys I
hope you really enjoyed this I hope this kind of give you an overview of the
the basics around drop shipping and now you can kind of go out there to
research more and do things like that guy and let me know if you end up you
know going through would drop shipping and then you end up certain make money
from I would love to hear from you guys on that anyways venue for watching guys
and have a great day.
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