Thread by @ecomricky

I MADE $28,671 IN 30 DAYS ON A BRAND NEW DROPSHIPPING STORE!

Here’s how I did it and what I learned 👇🏽

[MEGA THREAD]

First things first, dropshipping is not dead in 2020. It is not a scam. Definitely not a get rich quick scheme.

Whoever is saying that it’s a scam probably built a terrible store, dumped $5 into Facebook ads expecting thousands of sales, didn’t get a sale and called it quits. 🤦🏽‍♂️

Dropshipping really has the potential to change your life like it did mine.

How would an extra $100 a day change your life? An extra $1,000?

That’s VERY possible with dropshipping.

1: Choosing the Product

I chose 1 product with WOW factor in a passionate niche. I also included 1 upsell. My main product sells for $8 on aliexpress and I sell it for $40.

Whichever product you choose, make sure you can sell it for atleast 3x the aliexpress price.

If you’re struggling to find a product, head to Facebook, search terms like “50% off today only” filter by Videos, sort by “most recent” and you will be shown products that are currently being tested 🤯

2: Building the Store

I keep my stores very simple. White background, Black text, and 1 accent color that makes sense for the buttons and announcement bar.

For the theme, I used Motion. It is a paid theme but if you are just starting, the free Brooklyn theme is great.

Pages you need on your stores: Contact Us, About Us, FAQ, Shipping Policy, Return Policy, Privacy Policy, Terms of Service.

Apps: Loox, SMSBump, InCart Upsell.

The ROI from SMSBump is INSANE!

I spent $11 and got back $2100. You do not want to leave this money on the table.

3: Facebook Ads

The 1st week is for testing. 10 adsets, 1 interest each in an ABO campaign. $10/day each adset.
I let those 10 adsets run for 3 days.

If after 3 days an adset has no ATC or purchases, kill it. If an adset does have an ATC or purchase, let it run another 3 days.

If after those 3 days an adset doesn’t have a purchase. Kill it. If you have 2-3 adsets that do have a purchase, duplicate them into a CBO at a higher budget ($50-$100)

Let that CBO run for 2-3 days. If profitable increase the campaign budget by 20% ♻️

Once you gather enough data you can begin lookalikes (1,000 people)

I recommend you start with Page View, Fb Engagment, and View Content.

After running those Lookalikes you will have enough data for Initiate Checkout, Add To Cart, then Purchase Lookalikes.

4: Order fulfilment

You can use Oberlo or DSers.

What I found to work best is reach out to your supplier and ask if you can just send them an export of all your orders for each day via excel. It’s SO easy doing it this way.

So that’s the dropshipping strategy in a few tweets. I’m currently running Page View, Fb Engagement, and View Content Lookalikes and will be working my way down to Purchase lookalikes in preparations for BFCM.

I’m hoping to hit my goal of 50k in the month of September 🙌🏽

If you found any value in this thread I would appreciate a Like or RT on the first tweet in this thread to help reach more people.

Here’s video proof for the people that will claim this is a fake screenshot lol (28k in sales is right around 15k profit)

I would love to work with you 1 on 1 or build a dropshipping store for you with a winning product.

Check out my dropshipping services below:

linktr.ee/ecomricky

If you’re still here and haven’t liked or RT my first tweet in this thread, I would appreciate a like 😂

This thread took me forever to write 🙏🏽