DROPSHIPPING Journey | 1k$ a month?

[amfost]

Hello, fellow community members. I am currently going through a difficult time, and this may be the last coin I am willing to spend to reach an confortable financial status.
In the past, I have conducted case studies on various dropshipping products that I believed could be successful, but unfortunately, I never found anything that met my expectations.

However, a few days ago, while conducting some random research, I came across something that immediately caught my attention and sparked a new plan in my mind.
After conducting further market research, I have identified a product that makes $2.5 profit per sold unit (currently i'm using the lowest possible price to attract customers, i can profit up to 6-7$/piece without any worries), while my competitors are selling the same product at 1.5-2x my price.

Here is what I have accomplished so far:

• Purchased a domain name (I already own the hosting) and utilized pre-existing e-commerce templates/plugins to create the website.
• Designed custom banners and product pages to enhance the website's overall aesthetic appeal.
• Developed professional email templates and crafted a comprehensive privacy/return policy page to establish trust with customers.
• I have also created Excel spreadsheets to help manage pricing and ensure profitability. In addition, I have implemented a strategy to offer free shipping to customers by including the shipping cost in the item price.
• I have optimized the website to load quickly on both desktop and mobile devices. Furthermore, I have ensured that the website looks aesthetically pleasing and functions well on mobile devices.

Future plans:

• A gift card system where users can purchase or redeem gift cards. Additionally, I plan to host livestreams to give away gift cards to random viewers.
• An ambassador program with an admin dashboard. The program targets users who have niche Instagram/TikTok pages and offers them a referral system where they can earn up to $0.2-0.3 per sale. The admin dashboard allows ambassadors to track their clicks, sales, and redeemed users.
• A points system that enables users to earn points by making purchases or leaving reviews. These points can be redeemed for gift cards or custom coupons.
• I also plan to utilize social media platforms such as TikTok and Instagram to promote my products and engage with potential customers. Additionally, I am considering starting a YouTube channel to document and share my dropshipping journey
• SEO
• SEO
• SEO

Since my journey has just begun, I am eager to receive any tips and tricks that may help me succeed. Additionally, I am currently seeking ambassadors with experience in marketing and sales. If you fit this description, please do not hesitate to reach out to me. However, please note that the ambassador system is not yet ready, so it may take some time to be fully implemented.

 

[amfost]

Also, the budget somewhere to 50$. Yes, that's a low budget journey, don't judge.

 

[amfost]

bump

 

[pratikhere]

Interesting combo of SEO + dropshipping. Would be interesting to follow.

 

[Universe0]

SEO is a long term plan. Maybe use some paid ads, to validate the product first and maybe making some small profit?

 

[amfost]

The affiliate program is now operational. I have created a registration page and will manually approve each application. Once approved, you will have access to the dashboard.

You can generate a personalized referral link, and if someone clicks on it and makes a purchase within 30 days, you will earn a commission.
The current commission rate is $0.2 per sale, meaning if someone buys 5 products using your link, you will earn $1. The minimum withdrawal amount is $2.

 

[amfost]

SEO is a long term plan. Maybe use some paid ads, to validate the product first and maybe making some small profit?

I do not have any prior experience with paid advertising, so I will need to conduct some research.
Although it would be great to rank on the first page of Google, I am aware that it can be extremely difficult.

 

[wefadir]

Following your journey

 

[Naroha]

The affiliate program is now operational. I have created a registration page and will manually approve each application. Once approved, you will have access to the dashboard.

You can generate a personalized referral link, and if someone clicks on it and makes a purchase within 30 days, you will earn a commission.
The current commission rate is $0.2 per sale, meaning if someone buys 5 products using your link, you will earn $1. The minimum withdrawal amount is $2.

View attachment 250019

What system are you using?

 

[kau2cute]

Goodluck futher. Im following your journey

 

[amfost]

What system are you using?

It's basically a custom CMS made from scraping different Wordpress plug-ins.

 

[amfost]

Goodluck futher. Im following your journey

Cheers, brother

 

[amfost]

Quick update: The instagram and TikTok pages are up an running and now I have to come up with some strong ideas to promote them. Any help?

 

[Papon1]

Following

 

[squarejump]

Hi bro I wish ya good luck on this journey. Plz update it

 

[Luciid]

Interesting to see how the affiliate & gift card system plays out.

Following, good luck on your journey.

 

[Ketpar]

Interesting! I would love to know about which platform you used to create the site, affiliate and coupon system.

 

[amfost]

Hi bro I wish ya good luck on this journey. Plz update it

Cheers, i will keep updating you <3

 

[amfost]

Interesting to see how the affiliate & gift card system plays out.

Following, good luck on your journey.

I have a strong curiosity about it and I am actively searching for individuals who are interested in promoting my products.
Although it is currently challenging to gather people, I remain optimistic that this will eventually come to fruition.

At the moment, the gift card system is not available as I am still evaluating whether the effort required will be worthwhile.

 

[amfost]

Interesting! I would love to know about which platform you used to create the site, affiliate and coupon system.

I am using Wordpress + Woocommerce. For building the Website i'm using Elementor Pro and the whole referral system is a custom CMS.