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pov: $28,170.13 tiktok dropshipping from SCRATCH in 3 Days (i show you everything)
Introduction
I've made millions of dollars with the Dropshipping business model over the last couple of years. In today's video, I'll show you how I'm taking a store from zero to making $ 400 a day in the next 7 days. But before we dive in, let me introduce what dropshipping is. It's essentially a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, the store purchases a product from a third party and has it shipped directly to the customer. This means you don't have to handle the product directly.
I’ve been doing dropshipping for over 8 years, and during this time, I've had some impressive months, including $ 100,000 and million-dollar months. In this detailed guide, I will walk you through exactly what I would do if I had to start from scratch today. Here's the step-by-step process:
Step 1: Product Research on TikTok
The first thing I did was head over to TikTok and browse through videos to find potential products. I noticed a recurring video about a detachable hood that also serves as a face mask—perfect for the Millennial demographic on TikTok. This product has the potential to sell well year-round, catering to various cold seasons across different regions.
Step 2: Validating Product Demand Using PP Ads
Next, I checked if other people were selling this product on platforms like Facebook. I wanted to ensure it wasn't already saturated. Fortunately, the product showed great potential with millions of views.
Step 3: Store Setup
The next step was building my Shopify store. I used the Shrine theme and Canva for designing custom images and logos. We kept the website simple yet effective with:
- A top banner featuring custom-made images
- Feature and benefit texts
- Quantity break offers to incentivize bulk purchases
- Customer testimonials and product gifs for social proof
Step 4: Getting Ad Creatives
I needed effective videos for ads. Using SnapTik and InShot, I downloaded and edited existing videos, adding my offer to them. The goal was to make the product and its price crystal clear to potential customers.
Step 5: Launching Ad Campaigns on TikTok
To launch my ads, I went to TikTok’s ad manager and initiated a campaign for website conversions. I set a budget of $ 25, targeting the US market from 12 p.m. to 12 a.m. to ensure my ads were shown when people are most active.
Step 6: First-Day Performance Review
By the end of day one, I had spent $ 185 and generated $ 596. My profits after deducting costs amounted to $ 1130.
Step 7: Scaling the Campaign Over Days Two and Three
I scaled up by duplicating effective ad groups and increasing my budget gradually as sales came in. Over three days, I made $ 28,170.13 in revenue, with around $ 14,000 in profit, maintaining a 50% profit margin.
Key Takeaways and Next Steps
- Testing is vital. Not every product will succeed.
- Successful products require good ads, proper budgeting, and scaling strategies.
- Setting up email and SMS marketing for retargeting and customer engagement is crucial.
Conclusion
To replicate this success, you need a good product, a solid strategy, and the willingness to spend money on ads. If you take action, the results could be life-changing. For further details and step-by-step guidance, join our free e-commerce course and Multiply Discord group.
Keywords
- Dropshipping
- TikTok ads
- Product research
- Shopify store
- Ad campaigns
- Revenue
- Profit margin
- Multiplication Discord
FAQ
Q: What is dropshipping? A: Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, it purchases the item from a third party and has it shipped directly to the customer.
Q: How do I find products to dropship? A: Use platforms like TikTok to browse videos and ads to identify trending products. Validate the demand through tools like PP Ads.
Q: What theme and tools did you use for your store? A: I used the Shrine theme on Shopify and Canva for custom images and logos.
Q: How do you create ad creatives? A: Use existing TikTok videos, download them via SnapTik, and edit them with InShot to add your unique offer.
Q: How do you launch ad campaigns on TikTok? A: Use TikTok Ad Manager to create a campaign aimed at website conversions. Set a budget and schedule ads to run at peak times.
Q: What should I check on the first day of running ads? A: Check your cost per acquisition, number of conversions, and overall profitability to determine which ad groups to keep and which to turn off.
Q: How do you scale successful campaigns? A: Duplicate successful ad groups, create new campaigns, and gradually increase the budget as sales come in.
Q: How important is email and SMS marketing? A: Extremely important for retargeting customers who visit your website but do not make a purchase on their first visit.