That's not a lot of refunds actually.. Do your buyers have to pay for the shipping back ? I guess so , yea?
You're getting some crazy ROI on main product, congrats on that.Ended up profiting yesterday after changing the price back to the original and changing the ads. Managed to do $119 of sales on a $10 spend.
Today was my best day so far $248, I made an ad for a new product, it went alright got one sale for $19.80 but only cost $4 so I will continue testing that product because the margin is much larger and the customers are more likely to purchase other items from my store. It seems like the current product is only selling specifically that product which is fine but it makes it harder to become a brandable store. So much uni work today and until wednesday so I might do a bulk/ weekly update.
Main product $230 rev
Ad spend $20
Product 2 $19.80 rev
Ad spend $4
Going to increase my ad spend to $30 and see how that goes. I seem to be getting most sales after 4-5 PM (Aus time)
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You're getting some crazy ROI on main product, congrats on that.
Some advice -
When making changes, make sure to gain statistical significance (=enough data) before you draw any conclusions.
Also, try to put price of your product at $16.95 but always sell it with discount (at $9.95 or whatever price you were selling it earlier) and put some sort of 'countdown script' that tells the user that discount is available "only for the next 3 days".
heyy mann.. i was suprise about your achievment and have a good luck with your journey. i will bookmark this ! sallutttttt
Hmmmm, interesting method. I like paid methods too, but only if im not the one payingjust curious tho, how do you manage your orders? Do you have to fill out the order by hand and send it to the customer? Or do you have an automted way of doing it? Good luck on your journey BTW!
i think he just be a dropshipper for aliexpress
1. How high is your mark up?
2. Would you recommend a beginner to start with this? I don't really have that much money to spend on ads, I have about 150$ to play with ads.
Wow nice results... please keep this updated
question: do you transfer them to your online shop?
and do you sell one or more products?
much keep doing nothing but spend $30 and gain around $150-$250 with no problems. I had a ridiculously good start, made around $90 USD from $1 ad spend, unfortunately i couldn't crack $500.
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yeah dude i spent about $150 total on fb ads before finding a real winner, you can definitely make money easily. i recommend testing ads for $5 and if you don't get a sale give up on that product until you find a winner, my biggest problem earlier was not doing this and trying to make it work. Sometimes it just doesn't. Split test ads on USA vs Austria, Germany, Italy and Switzerland (really easy to get sales from Italy - its like throwing money into a pit and coming back later to find it doubling). My product is really cheap $2.50 cost price and selling it for $9.95 but i might try finding a product with a bigger margin. Create ads with canva or look for user images on aliexpress and use them, just don't get caught![]()