How I Made $31,271 Dropshipping In 1 Month

The video is about the speaker's experience and success in dropshipping, and they provide advice on how to pick a winning product, set up a Shopify store, and market the product.

This video by Jihun Park was published on Jul 6, 2023.
Video length: 32:53.

The video is about the speaker's experience with dropshipping and how it has allowed them to achieve financial success and live a comfortable lifestyle.

They discuss their journey from starting with very little to making a significant profit through dropshipping. The speaker also provides advice on how to choose a winning product, set up a Shopify store, and market the product effectively.

They emphasize the importance of selecting a product that can reach a broad audience and is something that people use on a daily basis.

• The speaker has been involved in dropshipping for the past year or two and has made hundreds of thousands of dollars.
• They have been able to live a comfortable life, including buying cars, traveling, and supporting their family financially.
• They started with very little, just a computer and a phone, and were able to generate around $10,000 to $12,000 in profit with their first product and store.
• The speaker emphasizes the importance of picking a product that can reach a broad audience.
• They recommend avoiding products that are too specific or limited in appeal.
• Organic advertising, such as posting on TikTok and Instagram for free, is suggested for those with a limited budget.
• The speaker advises viewers to start by creating a Shopify store.
• They recommend investing in Shopify themes and apps to enhance the store's functionality.
• The speaker emphasizes the importance of choosing a product that is a daily occurrence for people.

How I Made $31,271 Dropshipping In 1 Month - YouTube

Section 1: Introduction and Background

• The speaker has been involved in dropshipping for the past year or two and has made hundreds of thousands of dollars.
• They have been able to live a comfortable life, including buying cars, traveling, and supporting their family financially.
• They started with very little, just a computer and a phone, and were able to generate around $10,000 to $12,000 in profit with their first product and store.

Section 2: Picking a Winning Product

• The speaker emphasizes the importance of picking a product that can reach a broad audience.
• They recommend avoiding products that are too specific or limited in appeal.
• Organic advertising, such as posting on TikTok and Instagram for free, is suggested for those with a limited budget.
• They share their own experience of starting with a small investment and using organic advertising to generate profit before scaling with paid ads.
• The speaker's first product was a phone charger, which appealed to a broad audience as everyone has a phone.

Section 3: Setting Up a Shopify Store

• The speaker advises viewers to start by creating a Shopify store.
• They recommend investing in Shopify themes and apps to enhance the store's functionality.
• For those with a limited budget, organic advertising can be used to generate profit before investing in paid ads.
• They share their own experience of starting with a small investment and using organic advertising to generate profit before scaling with paid ads.
• The speaker's first product was a phone charger, which appealed to a broad audience as everyone has a phone.

How I Made $31,271 Dropshipping In 1 Month - YouTube

Section 4: Advertising and Marketing the Product

• The speaker emphasizes the importance of choosing a product that is a daily occurrence for people.
• They discourage selling products that are only used on special occasions, as it limits the potential customer base.
• They suggest picking a product that people use every day, such as a phone charger.
• By choosing a product that is part of people's daily lives, there is a higher chance of making sales.
• The speaker shares examples of clients who tried selling products like gift wrapping paper, which had limited appeal due to infrequent use.

Setting up your Shopify store

• Start with a basic store theme like "Refresh" when you're first starting out.
• Only spend a couple of hours setting up your store initially.
• If you spend too much time setting up your store and then find out there's no demand for your product, you'll have to start over with a new product.
• As you scale and see positive results, you can invest more time and effort into perfecting your store.
• Shopify offers a free trial for three months for just one dollar.

Finding a winning product

• Look for a product that meets your specific requirements by scrolling through hundreds of videos on TikTok.
• Take note of products that meet your requirements and have potential for success.

Signing up for Shopify

• Click the link in the video description to sign up for Shopify's free trial.
• Enter your email and click "Start free trial".
• You can skip the options for analytics.
• Sign in with your Google account.
• You'll be directed to the home page of your Shopify store.

Setting up a simple store for testing

• Click on "Online Store" and choose the "Refresh" theme.
• When testing a product, it's important to set up a simple store to avoid wasting time if the product doesn't perform well.
• Spend around two hours setting up the store and the rest of your time testing the product through ads and social media.
• Once you see positive results, you can invest more time and effort into perfecting your store.

Setting up the Shopify Store

• Click on "Publish" to make your theme the main theme.
• Go to settings and scroll down to Apps and sales channels.
• Click on Shopify App Store to pick a supplier.
• Choose a supplier like De-essers, Zen Drop, or CJ Drop Shipping.
• For this video, the speaker chooses Central as the supplier.

Importing and Naming the Product

• If the product doesn't show up, import it from AliExpress by copying the link and pasting it in the instructions.
• Choose a name for the product, such as "Mini Roller" or "Massage Pal."
• Add a trademark symbol (TM) to make it look more professional.
• Review the images provided by the supplier and delete any unnecessary ones.
• Set up variants for color options, such as "Green" or "White."

Setting the Price

• Set the price for the product at two to three times the total cost, including shipping.
• For example, if the product cost is $8.89 and shipping is $9, the total cost is $18, so the price could be set at $34.99.
• Set a compare price to make it look like the product is on sale, but don't discount it too much.
• Usually, a discount of 20-30% is recommended.
• Avoid setting the compare price higher than 40-50% off, as it may make the product appear low quality.

Deleting Specifications and Description

• Remove specifications and descriptions that are not relevant or may not interest customers.
• Delete the entire description if desired.

Setting up the product section and policies

• Keep the product pricing at a 20-30% discount.
• Set up the return and refund policy by clicking "create from template" and adjusting the contact email.
• Do the same for the privacy policy and terms of service.
• Add pages for policies and save them.
• Check that the policies are visible on your store by refreshing and customizing the theme.

Creating a logo using Canva

• Open Canva in a new tab and sign up.
• Click on "create design" and select a logo template.
• Search for a relevant image and customize the text.
• Stretch out the logo and make any necessary adjustments.
• Download the logo and upload it to the header section of your Shopify store.

Adjusting the logo and theme settings

• Change the color scheme to match the background.
• Delete the bottom padding to remove excess space.
• Adjust the vertical logo width to 80 or customize it in the code.
• View the mobile version of your store and make any necessary adjustments.
• Remember that most customers will be viewing your store on their phones.

Setting up the Store

• Check the mobile view of your store to ensure it looks right on a phone.
• Add a discount or offer in the top part announcement bar.
• Use a Color Picker extension to match the color of your product.
• Set the color code for the top part and buttons in the theme settings.
• Change the color of the footer and email list to match the product.

Adding Sections to the Store

• Add sections to the product page to make it more appealing.
• Add a collapsible content section for FAQs.
• Add image with text sections to showcase the product.
• Add a GIF above the image with text section for ads.
• Add a reviews section below the image with text sections.

Customizing the FAQ Section

• Change the heading of the collapsible content section to "FAQ".
• Change the color scheme of the section to match the product.
• Edit each section individually to add relevant content.
• Use the first section to explain how to use the product.
• Add information about what is included with the product.

Using the Reviews App

• Show how to use the reviews app to add reviews to the store.
• Input reviews from customers to build trust and credibility.
• Highlight positive reviews to encourage more sales.
• Regularly update and manage the reviews section.
• Use social proof to convince potential customers to buy.

Setting up the Shopify store

• Choose a professional theme for your store.
• Select an appropriate icon for your store.
• Find images for your products, either from competitor stores or by taking your own.
• Hide the buttons that may seem pushy or forceful.
• Use ChatGPT to generate compelling descriptions for your products.

Picking a winning product

• Research popular products on platforms like TikTok, Instagram, and Facebook.
• Look for products with high demand and low competition.
• Consider the profit margin and shipping costs of the product.
• Choose a product that solves a problem or fulfills a need.
• Test the product by ordering it yourself or using a supplier.

Marketing the product

• Create engaging and eye-catching ads for your product.
• Use social media platforms like Facebook and Instagram to target your audience.
• Utilize influencer marketing by collaborating with popular influencers in your niche.
• Optimize your website for search engines by using relevant keywords.
• Offer discounts, promotions, or freebies to attract customers.

Scaling and optimizing the store

• Track and analyze the performance of your ads and products.
• Identify the most profitable products and focus on scaling them.
• Implement upsells and cross-sells to increase average order value.
• Optimize your website's loading speed and user experience.
• Continuously test and tweak your marketing strategies to improve results.

Marketing your product

• When starting out with less than a thousand sales, it is recommended to market organically on platforms like TikTok and Instagram.
• Post two to three times a day from 12 p.m EST to 8 p.m EST, leaving two hours in between each post.
• If you want to learn how to create effective ads that generate millions of views and thousands of sales, let the speaker know in the comments for a more in-depth guide.
• The speaker can provide examples of successful ads and create an updated video on running ads if requested.
• Setting up a store and signing up for Shopify may seem challenging, but by doing so, you are already ahead of the majority of people who don't create a Shopify account.
• If interested in a one-on-one mentorship with the speaker and their team, you can apply through their Instagram or scheduling website.

Watch the video on YouTube:
How I Made $31,271 Dropshipping In 1 Month - YouTube