naz10101
Junior Member
- Jun 15, 2020
- 112
- 56
Update: I have used my failed store here as a lessons learnt to develop a new store. Results: Made $100 profit 2 days in a row.
At the early initiation stage, I am seeing pretty decent success with a 60% operating margin and a handful of sales in a few days. It was initially going to last 7 days, but I am not confident with the Ali Express suppliers - so I will be pausing here before I go any further. The reason this is critical for me is my pricing for the product is relatively high and so I want to make that my customer journey also reflects the prices I put up. If my products were cheaper, I would let it the stage last longer.
I am about to scale as I am satisfied with the initiation results so far and I am going to dip my toes a little deeper into the water. By scaling, I mean improving the quality of entire dropshipping process (ie. better shipping times, confirmed quality of product, more transparency and better products). If the results continue, then I will be scaling the ads.
Pro tip: Don't be afraid to be honest with your flaws and find a way to learn and beat your previous failures.
At the early initiation stage, I am seeing pretty decent success with a 60% operating margin and a handful of sales in a few days. It was initially going to last 7 days, but I am not confident with the Ali Express suppliers - so I will be pausing here before I go any further. The reason this is critical for me is my pricing for the product is relatively high and so I want to make that my customer journey also reflects the prices I put up. If my products were cheaper, I would let it the stage last longer.
I am about to scale as I am satisfied with the initiation results so far and I am going to dip my toes a little deeper into the water. By scaling, I mean improving the quality of entire dropshipping process (ie. better shipping times, confirmed quality of product, more transparency and better products). If the results continue, then I will be scaling the ads.
Pro tip: Don't be afraid to be honest with your flaws and find a way to learn and beat your previous failures.
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