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$300+ Profit Per Day - TikTok Ads For Shopify Dropshipping (EXACT STRATEGY)
$300+ Profit Per Day - TikTok Ads For Shopify Dropshipping (EXACT STRATEGY)
In this article, we will discuss a detailed strategy that can help you make a profit of 18,000 in the first six months of his dropshipping journey into consistent profits using TikTok ads.
Step 1: Testing the Winning Product
The author started his dropshipping journey by dedicating his time and money to building and succeeding with dropshipping stores. However, for the first six months, he tested around 20 different products and spent over $18,000 without making any profits. It was only a few weeks ago that he found his first winning product, which became the basis for his success with TikTok ads.
Step 2: Using TikTok Ads
The author initially used Facebook ads in his dropshipping journey but found little success. However, he also experimented with TikTok ads during that time but didn't see much progress until he applied a specific strategy.
The strategy involves starting with an "Add to Cart" campaign on TikTok. Instead of immediately optimizing for purchases, the author found it more effective to optimize for add to cart conversions. This approach allows for cheaper ads and helps identify the best-performing video ads. By collecting data on which ads generate the most add to cart actions, the author can determine which video ads are the most successful.
To implement this strategy, the author creates a new campaign in TikTok Ads Manager and selects the "conversions" objective. They then choose the "Add to Cart" optimization event and select specific interests related to their product. By indicating their target audience while also allowing for targeting expansion, the author steers TikTok towards the right audience while still maximizing reach.
When it comes to budget, the author starts with a minimum daily budget and only increases it when necessary. They recommend using third-party tracking software like Hyros to ensure accurate tracking of sales, especially when TikTok users visit the store organically by clicking on the profile button instead of the "Shop Now" button.
Step 3: Scaling with Purchases Optimization
After identifying the winning video ad based on the lowest cost per add to cart action, the author switches to a "Complete Purchases" optimization event. They create multiple ad groups based on different interests and target them with the winning video ad. The author then monitors the performance of each ad group and scales the ones that generate sales while turning off the ones that don't perform well.
To continue testing, the author duplicates the winning ad groups and tests the remaining video ads with the same strategy. By continuously monitoring and optimizing the ad groups, the author aims to scale the campaign to generate consistent profits of $300 or more per day.
Summary
In summary, this strategy for TikTok ads in Shopify dropshipping involves starting with an "Add to Cart" campaign to identify the best-performing video ads based on the lowest cost per add to cart action. Once the winning video ad is determined, the campaign is switched to "Complete Purchases" optimization, and ad groups are created based on different interests. Continual monitoring and optimization allow for scaling the campaign and generating consistent profits.
Keywords: TikTok ads, Shopify dropshipping, add to cart optimization, complete purchases optimization, third party tracking software, scaling, consistent profits
FAQ
Q1: Can this strategy be applied to other platforms besides TikTok? A1: This strategy is specifically designed for TikTok ads, but some elements, such as testing multiple video ads and optimizing for specific actions, can be applied to other platforms with similar features.
Q2: Is it necessary to use third-party tracking software? A2: While not essential for running TikTok ads, using third-party tracking software like Hyros can help accurately track sales and optimize campaigns based on accurate data.
Q3: How long does it take to see results with this strategy? A3: Results may vary, but the author was able to start seeing profits within a few weeks of implementing this strategy. However, it is important to continually monitor and optimize campaigns to scale and maintain consistent profits.
Q4: Can I use this strategy for products other than dropshipping? A4: Yes, this strategy can be applied to other e-commerce businesses or product promotions. The key is to test multiple video ads and optimize for specific actions to identify the winning ad and scale the campaign accordingly.
FAQ
- Q1: Can this strategy be applied to other platforms besides TikTok?
- Q2: Is it necessary to use third-party tracking software?
- Q3: How long does it take to see results with this strategy?
- Q4: Can I use this strategy for products other than dropshipping?