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My $20k Per Day TikTok Ads Dropshipping Strategy

My $ 20k Per Day TikTok Ads Dropshipping Strategy

In this article, I will walk you through my step-by-step strategy to reach $ 20,000 in sales per day using TikTok ads for dropshipping. I will provide detailed insights into my ad account, profit margins, and scaling techniques. Unlike others, I will share real-time results as they happen, as this store is currently in the process of being scaled.

Step 1: Understanding the Numbers

Let's start by reviewing the numbers from the previous day. The store made $ 9,200 in sales with an average order value of $ 65. Most of the traffic is coming from TikTok. It is important to note that these sales translated into a profit of $ 2,800, resulting in a 31% profit margin. Today, the goal is to hit $ 20,000 in sales.

Step 2: Scaling Phases

To achieve our sales target, we need to follow specific scaling phases. Here's an overview of the main steps:

Phase 1: Testing

  • Start with a $ 100 per day Campaign Based Optimization (CBO) campaign.
  • Run the campaign for 1-3 days and focus on pixel optimization rather than immediate profit.

Phase 2: Scaling

  • Start five $ 500 per day CBO campaigns with automatic and broad targeting.
  • Test and analyze results for each campaign, turning off underperforming ad groups.
  • Gradually increase the campaign budgets at 9 am, 3 pm, 6 pm, and 8 pm.
  • Set minimum allowed budgets at midnight to take control overnight.

Phase 3: Advanced Scaling

  • Begin controlling budgets at the ad group level.
  • Start five $ 600 per day CBO campaigns with six ad groups and three creatives each.
  • Analyze and optimize campaigns based on performance and data.
  • Implement strategies to increase average order value and decrease cost of goods sold.

Please note that this is a simplified summary of the scaling process. More strategies and techniques are available in the free Discord chat mentioned later in the article.

Step 3: Analyzing and Adjusting Campaigns

Now, let's dive into the ad account and examine the campaigns' performance. The key focus is on spending enough to acquire customers while maintaining a profitable margin.

  • Analyze each campaign's performance using metrics like click-through rate, cost per click, and CPM.
  • Adjust budgets, turn off underperforming campaigns, and increase budgets for successful campaigns.
  • Constantly monitor and adjust campaigns throughout the day to optimize performance.

Remember, profitability is crucial while scaling. Lowering the cost of goods and increasing average order value are effective ways to stay profitable even with higher ad spend.

Summary of the Day

As of now, the store has generated $ 3,900 in sales with a profit of $ 1,395. With 11 hours remaining, the target is to reach $ 20,000 in sales. This requires a significant increase in ad spend, but the high-profit margin allows for some flexibility. The strategy involves continuously monitoring and adjusting campaign budgets, doubling and surfing budgets for successful campaigns, and controlling spending overnight.

The following campaigns are running today: value goal automatic targeting, minimum rollers, multiple CBO campaigns, and an interest-based campaign.

FAQ

  • How do I increase profit while scaling? Increasing profit during scaling involves lowering the cost of goods, increasing average order value, and optimizing ad spend.

  • What if my ad spend is higher than my sales? It is important to analyze and adjust campaigns accordingly. Turn off underperforming campaigns or ad groups and focus on those with positive ROI. Optimize your targeting, creatives, and budget allocation.

  • Is it necessary to have a significant budget to scale dropshipping? Scaling to this level requires a substantial budget. It is essential to have enough capital to invest in ad spend and handle high order volumes.

  • What is the significance of the Discord chat mentioned in the article? The free Discord chat provides an opportunity to connect with the author, access helpful strategies, and receive guidance on dropshipping and scaling tactics.

Keyword: TikTok ads, dropshipping, scaling strategies, ad spend, profit margin, average order value, CBO campaigns

FAQ:

  1. How can I increase my profit margin while scaling?
  2. What should I do if my ad spend exceeds my sales?
  3. Is it possible to scale dropshipping without a significant budget?
  4. How can I join the Discord chat mentioned in the article?